Westlife Development trades higher on BSE
Westlife Development is currently trading at Rs. 215.80, up by 4.85 points or 2.30% from its previous closing of Rs. 210.95 on the BSE.
The scrip opened at Rs. 219.80 and has touched a high and low of Rs. 221.60 and Rs. 215.10 respectively. So far 199026 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 259.90 on 05-Jul-2016 and a 52 week low of Rs. 152.00 on 23-Dec-2016.
Last one week high and low of the scrip stood at Rs. 223.00 and Rs. 206.10 respectively. The current market cap of the company is Rs. 3369.64 crore.
The promoters holding in the company stood at 62.18%, while Institutions and Non-Institutions held 21.69% and 16.13% respectively.
Hardcastle Restaurants (HRPL), a Master Franchisee for West & South India operations of McDonald’s restaurants and a subsidiary of the Westlife Development, has unveiled its new restaurant platform. The changes allow for the brand to deepen its customer experience. McDonald’s India is driving the customer experience forward at full speed and bringing unrivalled innovation to the Quick Service Restaurant industry.
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.