Page 17 - Westlife Development News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stock has surged 47% from its Wednesday’s low Barbeque Nation's EV/ Sales is at a discount compared to peers Mumbai: The mid-March IPO street frenzy is still fresh in investors' memories. A spate of heavily subscribed IPOs failed to garner much listing pop on debut, as market sentiment turned sour on rising yields and Covid resurgence. But one issue has defied logic and naysayers in clocking handsome gains - after a quiet debut. Barbeque Nation - after listing at a marginal discount of Rs 489.85 a piece on NSE, has gone on to surprise the consensus. Shedding initial hesitation over restric...

Barbeque Nation Hospitality, a company operating casual dining restaurant chains, saw its shares gain 18 per cent during their stock market debut on Wednesday. The stock ended at Rs 587.8 with a gain of Rs 87.8 over the issue price of Rs 500 per share. The stock touched a low of Rs 481.85 and a high of Rs 587.8 on the NSE, where Rs 285 crore worth of shares changed hands. During the close of trade, the stock was locked in a 20 per cent upper circuit over its pre-open price of Rs 490. The rally surprised the Street as most were expecting a subdued listing due to the fresh turbulence in the r...

3 Min Read BENGALURU (Reuters) - Shares of restaurant chain Barbeque-Nation Hospitality recovered early losses to rise 18% in their debut trading on Wednesday, helped by a rally in broader Indian markets on the central bank’s decision to stand pat on key interest rates. A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, February 1, 2020. REUTERS/Francis Mascarenhas The Bengaluru-based casual dining restaurant chain, which offers unlimited barbecue buffets, raised about 4.53 billion rupees ($61.62 million) through an initial public offering (IPO). Sh...

Westlife Development Ltd, PVR Ltd, Indiabulls Real Estate Ltd and Aegis Logistics Ltd are among the other losers in the BSE's 'A' group today, 06 April 2021. Westlife Development Ltd, PVR Ltd, Indiabulls Real Estate Ltd and Aegis Logistics Ltd are among the other losers in the BSE's 'A' group today, 06 April 2021. Astral Poly Technik Ltd lost 4.63% to Rs 1561.3 at 14:49 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 49067 shares were traded on the counter so far as against the average daily volumes of 23368 shares in the past one month. Westlife Development Ltd crashed...

Broker’s call: Buy Westlife Development | Updated on CMP: ₹507.35 Our bullish investment thesis on Westlife Development rests on three pillars: superior unit economics — 30-40 per cent higher revenue per store than peers; supported by value pricing and strategies aimed at increasing in-store visits; and offering complementing menus. Its recent initiatives on digital could provide a further fillip; comparison with Domino’s highlights a 3x store roll-out potential, offering a long visibility into penetration-led growth. We expect mid-teen revenue growth for several years with an upside ...