Bengaluru, July 29 -- The shares of a Mid-Cap company specialising in the development, operation, and management of retail-led mixed-use real estate, focusing on large shopping malls, commercial office spaces, luxury hotels, and residential properties, are in focus as they have declined 6 percent in the day's trade following their Q1 results.

With a market capitalization of Rs. 68,527.25 crores in the day's trade, the shares of Phoenix Mills Ltd declined by 6.2 percent, reaching a low of Rs. 1,896.50 per share compared to its previous closing price of Rs. 2,022.10 per share.

What Happened

Its Revenue from Operations increased by 12.8 percent YoY, from Rs. 953 crore in Q1 FY26 to Rs. 1,075 crore in Q1 FY27, and decreased by 12.8 percent...