The Economic Times
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| 17 March, 2021, 03:48 PM IST | E-Paper
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    Phoenix Mills superior long-term bet: Exclusion from recent rally and other factors making it this week's stock pick

    Synopsis

    Phoenix Mills has not participated in the recent rally and therefore, is expected to do well in the next upmove. Apart from this, it’s healthy balance sheet and strategic expansion plans are the factors that have made the company a favourite of analysts.

    Phoenix Mills remains as one of the best companies to benefit from the evolving India consumption story, despite short term challenges triggered by the Covid induced disturbances. The company is a superior player to bet on for the long term because there are only five-six retail mall developers in India and Phoenix already has the experience of managing large format malls efficiently. Since it has started showing signs of recovery, analysts
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