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Westlife Development Ltd, which owns Hardcastle Restaurants, the master franchisee of McDonald's restaurants for western and southern India, expects its business to return to pre-COVID-19 level from the next quarter and continue its expansion journey by adding more stores to its network.
Explore Now NEW DELHI: Bears on Friday pummeled frontline stocks with auto and IT being the leading lags, wiping off Rs 2 lakh crore from the equity markets. The onslaught extended to the sixth day as the Economic Survey failed to cheer Dalal Street. Apart from the abundance of caution ahead of the Union Budget, sentiments have been dented due to selling by foreign institutional investors who have driven the market higher in the past 10 months. The 30-share pack Sensex tanked 588.59 points or 1.26 per cent to close at 46,285.77 as the index shed over 3,500 points in the past 6 sessions. Its b...
Indian markets fall for the third day over border tension, global pressure Photo: PTI The BSE Sensex lost 530.95 points or 1.09% to end at 48,347.59 and the Nifty slipped 133 points or 0.93% before closing at14,238.90 Analysts said that the volatility in markets is likely to continue before the Union budget is presented on 1 February Share Via Read Full Story Mumbai: Indian markets fell for the third straight session with the benchmark indices losing nearly 1% on Monday as global pressures and reports of India-China border tension dented investor sentiment. In the last three sessions, the Sen...
Pick of the week Sun, Jan 24 2021 13:06 IST | 0 Views Recommendation by Yes Securities Syngene International -- Sell Recommendation by Yes Securities Roll over 26x target PE to FY23 EPS for a revised TP Rs 400. Like the CRO + manufacturing franchise but await better entry point and retain SELL Sagar Cements -- Add We assign an EV/EBITDA multiple of 7x on Sep-22E and arrive at TP of Rs 798/share (previous TP of Rs 745/share) with potential upside of 13%. We maintain our ADD rating on the stock. Further upgrades in earnings estimates and stock price would depend upon sustainability of...
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