Phoenix Mills Shares Gain As Morgan Stanley Initiates Coverage With Overweight

Shares of Phoenix Mills Ltd. gained on Monday after Morgan Stanley & Co. initiated coverage on the stock after seeing its potential to benefit from India's consumption growth. The brokerage initiated coverage with 'overweight' rating and a price target of Rs 1,700, implying an upside of 31%.

Updated on: March 27, 2023, 05.57 PM IST
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