Tag: neutral

Phoenix Mills (PML) has released its FY23 annual report, highlighting the company's strong execution capabilities, significant business growth in new malls, and the healthy growth trajectory of the Indian retail sector. PML's retail portfolio has doubled in the last five years, and its two new malls in Indore and Ahmedabad are already generating strong sales. The company is well-positioned to benefit from the long-term growth of the Indian retail sector.