Westlife Development is currently trading at Rs 233.00, up by 3.30 points or 1.44% from its previous closing of Rs. 229.70 on the BSE.
The scrip opened at Rs. 229.50 and has touched a high and low of Rs. 235.00 and Rs. 228.05 respectively. So far 2942 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 340.00 on 30-Jul-2015 and a 52 week low of Rs. 175.00 on 09-Mar-2016.
Last one week high and low of the scrip stood at Rs. 231.80 and Rs. 212.15 respectively. The current market cap of the company is Rs. 3655.47 crore.
The promoters holding in the company stood at 62.18% while Institutions and Non-Institutions held 28.61% and 9.21% respectively.
Westlife Development’s wholly owned subsidiary -- Hardcastle Restaurants has received intimation from McDonald's Corporation that the royalty payable in connection with its operations stands at 4% until March 31, 2017.
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.
| Company Name | CMP |
|---|---|
| Westlife Development | 464.45 |
| Restau. Brands Asia | 63.24 |
| Travel Food Services | 1308.65 |
| Coffee Day Enter. | 27.93 |
| United Foodbrands | 324.95 |
| View more.. | |
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