Powered by: Motilal Oswal
10-12-2021 03:26 PM | Source: Accord Fintech
Westlife Development rises as its owned - McDonald’s unveils new range of indulgent gourmet burgers
News By Tags | #474 #3315 #6751 #572 #1771

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Westlife Development is currently trading at Rs. 563.40, up by 3.30 points or 0.59% from its previous closing of Rs. 560.10 on the BSE.

The scrip opened at Rs. 560.00 and has touched a high and low of Rs. 570.00 and Rs. 555.50 respectively. So far 9675 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 683.55 on 24-Sep-2021 and a 52 week low of Rs. 360.00 on 27-Oct-2020.

Last one week high and low of the scrip stood at Rs. 570.00 and Rs. 550.10 respectively. The current market cap of the company is Rs. 8821.44 crore.

The promoters holding in the company stood at 56.40%, while Institutions and Non-Institutions held 32.44% and 11.16% respectively.

Westlife Development owned - McDonald’s restaurants has unveiled a new range of indulgent gourmet burgers. This Chef’s special range consists of unique and generously sized, scrumptious burgers with signature McDonald’s touches to add some more favourites to your list.

With the launch of the Gourmet range, McDonald’s aims to strengthen its leadership in the burger category. The range is a mix of delectable cheesy indulgences and spicy delights to cater to all palates and taste buds. The burgers are also bigger in size and are curated to offer consumers, more filling meal options at McDonald’s.

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.