Phoenix Mills stock gains on September 28 AGM plan

Phoenix Mills stock (INE671B01025) traded at INR 1,860.00 on September 16, 2026, and the move came as the company flagged an analyst and investor meet update the same day.

September 28 is set

According to Economic Times on September 16, 2026, Phoenix Mills posted a fresh analyst and investor meet update, while the company had already said on September 4, 2026 that its 121st annual general meeting will be held on September 28, 2026. The same company update also pointed to a scheme of merger and amalgamation between subsidiary companies, with an effective date notice on September 10, 2026.

June numbers matter

For the latest reported quarter, Screener shows June 2026 consolidated sales of INR 506 crore and operating profit of INR -294 crore, alongside EPS of INR 11.62 for the quarter. The table also shows June 2025 sales of INR 435 crore, so revenue rose by INR 71 crore year on year, while the quarterly operating margin stayed at -58% in June 2026.

Screener also shows full-year FY26 sales of INR 5,131 crore, net profit of INR 1,841 crore and EPS of INR 61.43, which gives investors a clearer base than the quarterly loss figure alone. Against FY25, sales rose from INR 4,923 crore to INR 5,131 crore and net profit increased from INR 1,389 crore to INR 1,841 crore.

Stock near the top

At the close on September 16, 2026, Economic Times showed Phoenix Mills at INR 1,860.00 on NSE, up INR 26.41 or 1.44 percent on the day, with a 52-week range of INR 1,465.60 to INR 2,169.80 and volume of 454,093 shares. The stock was still below the 52-week high by INR 309.80, so the chart remains close to the upper part of its yearly band.

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