Phoenix Mills is currently trading at Rs. 354.00, up by 11.85 points or 3.46% from its previous closing of Rs. 342.15 on the BSE.
The scrip opened at Rs. 347.00 and has touched a high and low of Rs. 363.05 and Rs. 343.55 respectively. So far 2884 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 445.00 on 08-Sep-2016 and a 52 week low of Rs. 238.30 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 363.05 and Rs. 339.00 respectively. The current market cap of the company is Rs. 5372.65 crore.
The promoters holding in the company stood at 62.86%, while institutions and non-institutions held 33.23% and 3.92% respectively.
Phoenix Mills’ wholly owned subsidiary -- Palladium Constructions (PCPL) -- has acquired the entire equity shareholding of Leine River and Fuhse River in Gangetic Hotels (GHPL), a subsidiary of the company, aggregating to 39.15% on February 15, 2017.
Subsequent to the foresaid acquisition by PCPL, the effective equity shareholding of the company in GHPL has increased from 42.98% to 74.11%.
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.