Westlife Development Ltd., incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 11915.86 Crore) operating in Tourism & Hospitality sector.

Buy Westlife Development, target price Rs 910: Emkay Global

The operator of McDonald’s chain of restaurants in west and south India, earlier known as Westlife Development Ltd, reported its highest ever quarterly revenues at ₹572 crore, which were up almost 49% year-on-year (y-o-y).

Westlife delights in Sep quarter; sustaining momentum is vital

Apollo Hospitals Enterprises, Avenue Supermart, Bharti Airtel, ICICI Bank, Mahindra and Mahindra, Ashok Leyland, Chambal Fertilizers, Federal Bank, Jubilant Ingrevia, VIP Industries and Westlife Development are among the top chart picks by Prabhudas Lilladher

Diwali 2022: Prabhudas Lilladher bets on these small, mid and largecap stocks

Sales uptick in dine-in and delivery channels, new products and gradual royalty hikes are positives

Multiple triggers to help Westlife Development maintain outperformance

Broker’s call: Westlife Development (Buy)

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.

Buy Westlife Development; target of Rs 847: Prabhudas Lilladher

Westlife Development’s growth momentum remains strong on the back of sustained growth in dine in and convenience channel.

Westlife Development - Big Mac Story Has Just Begun: Prabhudas Lilladher

Westlife Development Q1 Review - Stellar Performance: Motilal Oswal

Westlife Development’s Earnings Above Expectations #WestlifeDevelopment’s Q1 earnings beat expectations, reports consolidated profit of over Rs 23.5 crore after reporting a loss in Q1FY22.In conversation with Vice Chairman Amit Jatia.

Westlife Development’s Earnings Above Expectations

#WestlifeDevelopment's Q1 earnings beat expectations, reports consolidated profit of over Rs 23.5 crore after reporting a loss in Q1FY22.

In conversation with Vice Chairman Amit Jatia. #Q1WithBQ #BQLive 

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Q1 Review | Westlife Development's Earnings Above Expectations

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 zooms 8% as Q1 numbers beat estimates

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Westlife Development is engaged in letting out of property and trading in goods