Category Archives: Real Estate

Buy Phoenix Mills Limited

Phoenix Mills Limited (PHOENIXLTD)

Sector – Real Estate Industry –Real Estate – General Stock Style -Mid Growth Market Cap- 53.1 bil Price/Book- 2.1 Price/Cash Flow- 13.8

The Phoenix Mills Limited is an India-based company engaged in the development and operation of Malls and other real estate properties. Both directly and through strategic investments and partnerships, it specializes in the ownership, management and development of retail-led mixed use properties, which includes shopping, entertainment, commercial, residential and hospitality assets. Its business verticals and assets include destination malls, hospitality assets, residential assets, commercial assets, investments and services. Its retail projects include High Street Phoenix, High Street Phoenix, Phoenixmarketcity-Mumbai, Phoenixmarketcity-Pune, Phoenixmarketcity-Bangalore and Phoenixmarketcity-Chennai. The Company owns the Palladium hotel. Its commercial properties include the Centrium, Phoenix Marketcity mall, Art Guild House and Phoenix Paragon Plaza. Its residential properties include One Bangalore West, Kessaku and Fountainhead. We recommend a POSITIONAL BUY in PHOENIXLTD  @ 365 TGT 390 AND 420 SL 345

 

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