03 Nov 2025 | 5 Mins Read
Real estate shares climb up to 4% as Phoenix Mills, DLF, Lodha surge
Flipitmoney
Real estate shares rose 4% on November 3, led by Phoenix Mills, Lodha and DLF, with the Nifty Realty index up 2.6% at 972.2. The gains were due to: Lodha's robust growth outlook and 87% Q2 net profit surge, Nomura giving a "Buy" rating with a target of Rs 1,450; Phoenix Mills' 40% YoY Q2 net profit climb and HBSC Securities giving a "Buy" rating with a target of Rs 2,110 per share.