Westlife Development Shares: Buy Westlife Development, Target Price Rs 781: Prabhudas Lilladher

Prabhudas Lilladher has a call to buy on Westlife Development with a target price of Rs 781. The current market price is Rs 642.4.

The period given by the analyst is one year when . the price can reach the set target.

Westlife Development Ltd., incorporated in 1982, is a mid-cap company (having a market capitalization of Rs 10013.44 Crore) operating in the tourism and hospitality sector.

The main products/revenue segments of Westlife Development Ltd. includes income from the sale of stocks and securities for the year ending March 31, 2022.


For the quarter ended 30-06-2022, the company reported consolidated total revenue of Rs 539.74 Crore, up 15.28% from last quarter, total revenue of Rs 468.18 Crore and up up 103.24% from the same quarter last year, total revenue of Rs 265.57 Crore. The company reported a net profit after tax of Rs 23.58 Crore last quarter.

Promoter/Fii Holdings
The promoters held 56.98% of the company’s capital as of March 31, 2022, while the FIIs held 9.94% and the DIIs 22.84%.

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