Westlife Foodworld Ltd Share Price (WESTLIFE)

Kotak Institutional Equities Anticipates Margins to Stay Under Pressure for QSR Companies - 09 Apr, 2024

Kotak Institutional Equities predicts that margins for QSR companies, including Westlife Foodworld, will remain under pressure in Q4FY24 due to weak demand and the cost of store additions. Same Store Sales are expected to decline by 2.5-15%.

Westlife Foodworld Ltd sees 5.71x surge in trading volume - 01 Apr, 2024

Westlife Foodworld Ltd's trading volume on NSE surged to 5.69 lakh shares, a 5.71 fold increase over the two-week average daily volume of 99611 shares. The stock rose by 0.07% to Rs.805.05.

Westlife Foodworld's Returns on Capital Employed Rise to 13% - 28 Mar, 2024

Westlife Foodworld has seen a substantial rise in returns on capital employed over the last five years, indicating opportunities for internal investment at higher rates. The company's current liabilities to total assets ratio has decreased to 22%, reducing funding from short-term creditors or suppliers. Shareholders have been rewarded with a 71% return over the last three years.

Westlife Foodworld Ltd. and Sapphire Foods India Ltd. gain ahead of IPL match - 26 Mar, 2024

Shares of Westlife Foodworld Ltd., the operator of McDonald's franchise in India, and peer Sapphire Foods India Ltd. gained ahead of the first Indian Premier League (IPL) match on Friday. Hotels, beverage makers, and packaged-food companies could also benefit from the IPL craze.

Westlife Foodworld Ltd. and Sapphire Foods India Ltd. gain ahead of IPL match - 22 Mar, 2024

Shares of Westlife Foodworld Ltd., the operator of McDonald's franchise in India, and peer Sapphire Foods India Ltd. gained ahead of the first Indian Premier League (IPL) match on Friday. Hotels, beverage makers, and packaged-food companies could also benefit from the IPL craze.

ICICI Securities Recommends Add Call on Westlife Foodworld - 21 Mar, 2024

ICICI Securities has recommended an add call on Westlife Foodworld with a target price of Rs 800. Despite muted demand, QSR companies like Westlife are expanding their store count. However, shares of Westlife and other QSR companies continue to trade at high valuations.

Investec Initiates Coverage on Westlife Foodworld with Buy Rating - 15 Mar, 2024

Investec has initiated coverage on Westlife Foodworld Ltd with a buy rating and a target price of Rs 923, indicating an upside of nearly 25%. Investec expects the company's revenue and profit after tax (PAT) to record a compound annual growth rate (CAGR) of 17% and 43% over FY24-26.

JPMorgan Maintains Overweight Rating on Westlife Foodworld - 12 Mar, 2024

JPMorgan has maintained an overweight rating on Westlife Foodworld but slashed the target price to Rs 905 from Rs 965 earlier. The stock witnessed some correction, but long-term investors can look at accumulating the stock on dips. SSSG trends bottomed out in Q3 but stayed soft in the near term. Going forward, McRewards loyalty program could be an important growth enabler.