PHOENIX MILL Share Price Up by 5%; BSE REALTY Index Up 4.1%
February 2, 2021 03:35 PM

PHOENIX MILL share price has zoomed 5% and is presently trading at Rs 860.

Meanwhile, the BSE REALTY Index is at 2,692 (up 4.1%).

Among the top Gainers in the BSE REALTY Index today are PHOENIX MILL (up 5.5%) and GODREJ PROPERTIES (up 5.7%).

INDIABULLS REAL EST (down 2.0%) is among the top loser today.

Over the last one year, PHOENIX MILL has moved up from Rs 856 to Rs 860, registering a gain of Rs 4 (up 0.2%).

On the other hand, the BSE REALTY has moved up from 2,513 to 2,692, registering a gain of 179 points (up 6.8%) during the last 12 months.

The top buzzing stocks among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 28.5%), DLF (up 14.4%) and SOBHA (up 7.8%).

What About the Benchmark Indices?

The BSE Sensex is at 50,154 (up 2.6%).

The top gainers among the BSE Sensex stocks today are ULTRATECH CEMENT (up 6.7%), SBI (up 6.6%) and HDFC BANK (up 5.7%). Other gainers include L&T (up 5.0%) and BHARTI AIRTEL (up 3.7%). The most traded stocks in the BSE Sensex are SBI and ITC.

In the meantime, NSE Nifty is at 14,732 (up 2.8%). The top gainers in the NSE Nifty include TATA MOTORS (up 16.9%), SHREE CEMENT (up 7.3%) and ULTRATECH CEMENT (up 7.0%). Other gainers include SBI (up 6.7%) and UPL (up 5.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,199 to 50,154, registering a gain of 8,955 points (up 21.01%).

PHOENIX MILL Financial Update...

PHOENIX MILL net profit down at Rs 483 million for the quarter ended March 2020, compared to a loss of Rs 965 million a year ago. Net Sales declined 22.0% to Rs 4.0 billion during the period as against Rs 5.1 billion in January-March 2019.

For the year ended March 2018, PHOENIX MILL reported 11.2% increase in net profit to Rs 2.1 billion compared to net profit of Rs 1.9 billion during FY17.

Revenue of the company grew 11.2% to Rs 16 billion during FY18.

The current Price to earnings ratio of PHOENIX MILL, based on rolling 12 month earnings, stands at 36.8x.