Phoenix Mills rises on launching luxury hotel Shangri-La in Mumbai

21 Dec 2012 Evaluate

Phoenix Mills is currently trading at Rs. 245.00, up by 0.40 points or 0.16% from its previous closing of Rs. 244.60 on the BSE.

The scrip opened at Rs. 246.75 and has touched a high and low of Rs. 246.85 and Rs. 241.10 respectively. So far 595 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 254.75 on 19-Dec-2012 and a 52 week low of Rs. 153.55 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 254.75 and Rs. 241.00 respectively. The current market cap of the company is Rs. 3533.50 crore.

The promoters holding in the company stood at 65.93% while Institutions and Non-Institutions held 28.04% and 6.03% respectively.

Phoenix Mills (PML) has launched its luxury hotel Shangri-La, Mumbai. The hotel features 390 spacious and elegantly appointed rooms, including 32 suites, with stunning views of the city, race course and the Arabian Sea. Shangri-La, Mumbai has been developed by Pallazzio Hotels & Leisure, a subsidiary of PML.

The newest luxury address in Mumbai offers guests seven restaurants and lounges, and its amenities include an outdoor swimming pool offering sweeping views of the city, a fully equipped health club, and CHI, The Spa at Shangri-La. For meetings, weddings and social events, the hotel’s stately Shangri-La Ballroom can accommodate up to 1,000 guests.

The Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.

 

Phoenix Mills Share Price

3056.25 -133.85 (-4.20%)
28-May-2024 15:36 View Price Chart
Peers
Company Name CMP
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DLF 818.80
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