Phoenix Mills surges on opening `Phoenix Mall of the Millennium` in Pune
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The Phoenix Mills is currently trading at Rs. 1839.55, up by 26.95 points or 1.49% from its previous closing of Rs. 1812.60 on the BSE.
The scrip opened at Rs. 1819.95 and has touched a high and low of Rs. 1858.95 and Rs. 1819.95 respectively. So far 5118 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1901.20 on 05-Sep-2023 and a 52 week low of Rs. 1186.45 on 16-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1901.20 and Rs. 1791.60 respectively. The current market cap of the company is Rs. 32851.02 crore.
The promoters holding in the company stood at 47.30%, while Institutions and Non-Institutions held 48.48% and 4.22% respectively.
The Phoenix Mills (PML) has opened the gates to its second mall in Pune, ‘Phoenix Mall of the Millennium’. This sprawling retail destination spread across 16 acres and encompassing over 12 lakh square feet (sq. ft.) of gross leasable area, is located in the key consumption centre of West Pune in Maharashtra.
The mall has been developed by PML under its joint venture with Canada Pension Plan Investment Board (CPP Investments). PML is India’s leading destination retail mall owner and operator with an operational retail portfolio of over 1.1 crore sq.ft. of leasable area across 12 retail consumption hubs in 8 gateway cities of India.
Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties
