Wednesday 25 June 2014

Phoenix Mills trades higher on the BSE

Phoenix Mills is currently trading at Rs 311.25, up by 7.75 points or 2.55% from its previous closing of Rs 303.50 on the BSE.

The promoters holding in the company stood at 65.95% while Institutions and Non-Institutions held 27.01% and 7.04% respectively.
Nordea 1 Sicav Emerging Consumer Fund has offloaded 15 lakh shares of Phoenix Mills through the open market route. The shares were sold on an average price of Rs 303.30 valuing the transaction to Rs 45.49 crore.
The 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.

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