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BUY : PHOENIXLTD-EQ( PHOENIXLTD ) [14552]
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Phoenix Mills Limited delivered robust operational and financial performance in FY25, advancing its position as India’s top premium retail-led real estate developer, but faces strategic and valuation risks as it pursues aggressive expansion. The Business Model and Expansions Operates 12 destination malls, totalling 11 million sq. ft. Gross Leasable Area (GLA), with plans to add…