BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Macquarie maintains outperform on Phoenix Mill
Phoenix's earnings likely to grow at 40 per cent CAGR over next two years. Company strategy is to focus on residential segment in near term. It will need to raise equity to reduce debt.