Phoenix Mills rises 13% on pact with GIC affiliate
Wed, Dec 2, 2020 12:53 PM

Phoenix Mills rises 13% on pact with GIC affiliate

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Shares of Phoenix Mills gained as much as 13% on Wednesday after the company, along with its subsidiaries, signed a non-binding term-sheet with an affiliate of GIC to create strategic retail-led mixed use platform. At 12:20 pm, Phoenix Mills' stock was at ₹762.50, up 10.58% from its previous close, while the benchmark index, Sensex lost 0.32% to 44,513.71.

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