Westlife Development trades higher on the BSE

18 Dec 2015 Evaluate

Westlife Development is currently trading at Rs. 234.20, up by 1.20 points or 0.52% from its previous closing of Rs. 233.00 on the BSE.

The scrip opened at Rs. 235.00 and has touched a high and low of Rs. 238.90 and Rs. 230.10 respectively. So far 370 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 349.90 on 19-Jan-2015 and a 52 week low of Rs. 225.00 on 15-Dec-2015.

Last one week high and low of the scrip stood at Rs. 238.90 and Rs. 225.00 respectively. The current market cap of the company is Rs. 3578.91 crore.

The promoters holding in the company stood at 62.19% while Institutions and Non-Institutions held 21.48% and 16.33% respectively.

Westlife Development’s wholly owned subsidiary- Hardcastle Restaurants (HRPL), a Master Franchisee for west & south India operations of McDonald's Restaurants has launched its first branch of McDonald's in Murarji Peth, Solapur. This new outlet is opened in Oasis Mall, which is suitably located centrally at Murarji Peth and is just 5 minutes away from Solapur Railway station. The restaurant can seat 140 customers and offers best-in-class design with a host of amenities and services unique to McDonald's restaurants. Customers can enjoy a multitude of offerings including delicious McDonald's food, free Wifi internet access, family-friendly amenities like a birthday party room. The restaurant will be open for service between 10 am to 11pm. The restaurant will have a team of 30-35 employees who are locally hired and trained to manage operations in the initial phase.

Westlife Development focuses on putting up and operating Quick Service Restaurants (QSR) in India through its subsidiary Hardcastle Restaurants (HRPL). The Company operates a chain of McDonald's restaurants in west and south India, having a master franchisee relationship with McDonald's Corporation USA, through the latter's Indian subsidiary.

Westlife Development Share Price

796.25 6.05 (0.77%)
04-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Westlife Development 796.25
Restau. Brands Asia 87.91
Barbeque-Nation Hosp 517.35
Coffee Day Enter. 27.86
Speciality Restauran 155.55
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