12-07-2025
Citi Remains a Buy on Phoenix Mills Ltd. (PHOENIXLTD)
In a report released today, Rajiv Berlia from Citi maintained a Buy rating on Phoenix Mills Ltd., with a price target of INR1,875.00. The company's shares closed today at INR1,488.90.
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Berlia covers the Technology sector, focusing on stocks such as Persistent Systems Limited, Tata Technologies Limited, and Coforge Limited. According to TipRanks, Berlia has an average return of 2.6% and a 59.26% success rate on recommended stocks.
Phoenix Mills Ltd. has an analyst consensus of Hold, with a price target consensus of INR1,630.00.
Based on Phoenix Mills Ltd.'s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR10.16 billion and a net profit of INR2.69 billion. In comparison, last year the company earned a revenue of INR13.06 billion and had a net profit of INR3.27 billion
