Sunday, August 23, 2020

Phoenix Mills Ltd. | PHOENIXLTD Share Stock Price | Big Development

Phoenix Mills Ltd.

CMP : 694

Recent News in PHOENIXLTD

Phoenix Mills Ltd raises Rs 1,100 crore via QIP; Singapore govt major investor
➽ In a regulatory filing, the company informed that the capital raising committee of the board approved the allotment of 1,81,81,818 shares to qualified institutional buyers at the issue price of Rs 605 per share aggregating to Rs 1,099.99 crore.

Recent Key Strength

➽ Stocks where Mutual Funds Increased Holdings in Past Month
➽ Company with Zero Promoter Pledge
➽ FII / FPI or Institutions increasing their shareholding
➽ Strong Momentum: Price above short, medium and long term moving averages
➽ MFs increased their shareholding last quarter

Two Stocks To Watch For Swing Trade | Price-Volume Breakout


➽ Decline in Net Profit with falling Profit Margin (QoQ)
➽ Decline in Quarterly Net Profit with falling Profit Margin (YoY)
➽ Degrowth in Quarterly Revenue and Profit in Recent Results
➽ Declining Revenue every quarter for the past 2 quarters
➽ Declining profits every quarter for the past 2 quarters

PHOENIXLTD on Technical Charts

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 After a steep correction at the level of 900 , the share of Phoenix Mill made a low of 500 in March 2020 due to global melt down due to pandemic.
 PHOENIXLTD stock after consolidation started rising gradually taking a support price of Rs. 500. 
 At the level of 650 level stock was facing a resistance and felled again.
➽ The  PHOENIX stock now break the resistance level of 650 with huge volume and close above the resistance at 694.
 After the Price Volume breakup in the price the stock is in a fresh zone with the next resistance level at 900  

Is Bad Days Over In Yes Bank | Recent Key Improvements Signals

PHOENIXLTD Annual Income Statement

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Disclaimer- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this channel.We are not SEBI registered financial advisor or analyst.

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