Phoenix Mills shares rally 5% as Motilal Oswal upgrades to ‘Buy’, lifts target price to Rs 2,044

September 2, 2025

Phoenix Mills shares rose to ₹1,597 on Tuesday after Motilal Oswal upgraded the stock to a ‘buy’ with a revised target price of ₹2,044, citing strong performance across retail, office, and hospitality segments and growth initiatives in both new and mature malls.

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