Phoenix Mills Ltd. Stock Sees -3.05% Decline, But Remains Strong in Real Estate Industry

Aug 23 2024 01:35 PM IST
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On August 23, 2024, Phoenix Mills Ltd., a largecap real estate company, saw a -3.05% decline in its stock price. MarketsMojo gave it a 'Hold' call, indicating a neutral stance. The stock underperformed the sector by -1.85% and touched an intraday low of Rs 3557.9. Despite this, the company remains a strong player in the industry.


Phoenix Mills ., a largecap real estate company, saw a decline of -3.05% in its stock price on August 23, 2024. The stock was given a 'Hold' call by MarketsMOJO, indicating a neutral stance on the company's performance.

The stock's performance today was underwhelming, as it underperformed the sector by -1.85%. It touched an intraday low of Rs 3557.9, showing a decrease of -3.45%. However, the stock's moving averages were higher than the 5 day, 20 day, 100 day, and 200 day moving averages, but lower than the 50 day moving average.

In comparison to the Sensex, Phoenix Mills Ltd. had a 1 day performance of -2.94%, while the Sensex had a performance of 0.02%. Similarly, the company's 1 month performance was -4.32%, while the Sensex had a performance of 0.80%.

Despite the decline in stock price, Phoenix Mills . remains a strong player in the real estate industry, with a largecap size. The company's performance will continue to be closely monitored by investors and analysts.
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