Phoenix Mills has target of Rs 230: Keynote Capital

Phoenix Mills has target of Rs 230, says Keval Bhanushali of Keynote Capital.

Bhanushali told CNBC-TV18, "Pick for the day would be Phoenix Mills at Rs 213 level with a target of Rs 230. The stock has been doing fairly well in the past 3 months and we expect the company to post very good results in the coming quarters, due to its existing business in Mumbai and its new business in Mumbai and Pune.