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Westlife Development trades in green on the bourses

Westlife Development is currently trading at Rs. 295.00, up by 0.20 points or 0.07% from its previous closing of Rs. 294.80 on the BSE.

The scrip opened at Rs. 300.10 and has touched a high and low of Rs. 304.70 and Rs. 291.00 respectively. So far 1119 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 454.45 on 15-Mar-2019 and a 52 week low of Rs. 257.20 on 31-Jul-2019.

Last one week high and low of the scrip stood at Rs. 322.85 and Rs. 291.00 respectively. The current market cap of the company is Rs. 4591.75 crore.

The promoters holding in the company stood at 62.15%, while Institutions and Non-Institutions held 23.21% and 14.65% respectively.

Hardcastle Restaurants (HRPL), a Master Franchisee for West & South India operations of McDonald’s restaurants and a subsidiary of the Westlife Development, has achieved a major milestone of serving over 10 million cups of coffee under its (West and South) in-house coffee brand ‘McCafe’.

To celebrate this feat, they are giving an ode to the ever-so-comforting cup of coffee with ‘10MillionCoffeeMoments’. To bring alive 10MillionCoffeeMoments, McDonald’s India has created a heart-warming slam poetry with ‘Tape a Tale’ that takes you back to your best coffee moments and memories.

Westlife Development focuses on putting up and operating Quick Service Restaurants (QSR) in India through its subsidiary 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.

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