Westlife Development

Budget 2023-24: The slowdown in discretionary consumption may be due to factors such as weakening of pent-up demand and elevated inflation hurting household savings

Buy Westlife Development; target of Rs 910: Emkay Global Financial

Emkay Global Financial is bullish on Westlife Development has recommended buy rating on the stock with a target price of Rs 910 in its research report dated November 09, 2022.

Buy Westlife Development; target of Rs 847: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Westlife Development has recommended buy rating on the stock with a target price of Rs 847 in its research report dated September 27, 2022.

Trade Spotlight | What should you do with Asian Paints, Avenue Supermarts, Westlife Development on Tuesday?

Avenue Supermarts shares rose 0.2 percent to Rs 4,375.3 and formed small bodied bullish candle on the daily charts, while Westlife Development rose 2.76 percent to Rs 694.4 and saw bullish candlestick pattern on the daily charts with higher volumes.

Discovery Series | Speciality Restaurants: Making a profitable recipe

With cost-control measures in place, SRL turned profitable last fiscal after a gap of six years. We expect profitability improvement, a key re-rating trigger, to sustain. Valuations provide scope for re-rating from the current levels.

Buy Westlife Development; target of Rs 720: Emkay Global Financial

Emkay Global Financial is bullish on Westlife Development has recommended buy rating on the stock with a target price of Rs 720 in its research report dated July 29, 2022.

Buy Westlife Development; target of Rs 781: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Westlife Development has recommended buy rating on the stock with a target price of Rs 781 in its research report dated July 29, 2022.

Westlife Development zooms 8% as Q1 numbers beat estimates

Westlife plans to add 35-40 new restaurants in FY23 and over 200 new restaurants over the next three-four years with greater emphasis on smaller and emerging cities

Westlife Development posts Rs 23.57 crore profit in Q1

The company had posted a net loss of Rs 33.39 crore in the April-June quarter a year ago, it said in a regulatory filing. Its sales rose to Rs 536.17 crore in the first quarter of the current fiscal. In the year-ago period, the same was at Rs 258 crore.

Take note of this QSR scrip, post steep correction

The stock is currently trading at 13.5 times its FY24 EV/EBIDTA estimates. This is at a significant discount to other major QSR players. Current valuations adequately factor near term headwinds in Sri Lankan operations.

McDonald’s franchisee Westlife Development appoints Akshay Jatia as executive director

Akshay Jatia will lead the overall business strategy to further strengthen McDonald’s as the food tech destination across platforms in west and south India

Restaurant Brands Asia: Set to emerge stronger, post COVID-19

We expect RBA to emerge as a much stronger quick service restaurant (QSR) player in the post COVID-19 scenario

Buy Westlife Development; target of Rs 653: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Westlife Development has recommended buy rating on the stock with a target price of Rs 653 in its research report dated May 18, 2022.

Neutral Westlife Development; target of Rs 490: Motilal Oswal

Motilal Oswal recommended Neutral rating on Westlife Development with a target price of Rs 490 in its research report dated May 19, 2022.

Buy Westlife Development; target of Rs 650: Emkay Global Financial

Emkay Global Financial is bullish on Westlife Development has recommended buy rating on the stock with a target price of Rs 650 in its research report dated May 19, 2022.

We will not go for more than 5% price hike this year: Amit Jatia of Westlife Development

Westlife Development, the master franchisee of McDonald’s in the South and West of India, had taken a 2 percent hike in October last year.

Barbeque-Nation Hospitality: What should investors do, post the steep fall in the stock?

With FY23 expected to be a normal year, free from COVID-related disruptions, BBQN has started to fast scale up its restaurant network.

Westlife Development posts net profit at Rs 15 crore; sales up 26.5%

The company had posted a net loss of Rs 6.03 crore in the January-March quarter a year ago, Westlife Development Ltd said in a BSE filing.

Top 10 trading ideas for April series as bulls start journey towards 18,000

Tata Communications has consolidated and maintained a base near Rs 1,130 levels and has picked up momentum with a bullish candle pattern to imply strength. It has potential to carry on with positive bias in the coming days.

KFC’s hegemony in threat as QSRs line up to grab a piece of the fried chicken pie

Players such as Jubilant FoodWorks, Wow! Momo and Westlife Development have entered the rapidly growing fried chicken market.

Devyani International: On track for faster earnings growth

Pizza Hut franchisee DIL is on course to open 200-250 stores every year over the next 2-3 years