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    Sapphire Foods India Ltd.
    12 May 2023
    318.30
    -1.49%
    KFC operator Sapphire Foods India's Q4 profit halves on higher costs
    Business Line
    Sapphire's profit before tax fell to 12.28 crore in Q4 FY23 from 28.59 crore a year earlier
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    Sapphire Foods India.. has an average target of 385.00 from 2 brokers.
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    Indian Hotels Company Ltd.
    12 May 2023
    Divestment Plans
    775.55
    -0.83%
    Indian Hotels trades lower; Nuvama cuts rating but other brokerages confident. Here's why
    Indian Hotels trades lower; Nuvama cuts rating but other brokerages confident. Here's why
    Moneycontrol
    Despite an upbeat outlook from Indian Hotels, Nuvama Institutional Equities says the recent run-up leaves limited upside potential. It has downgraded the stock to 'hold' from 'buy' but others have a different view
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    Indian Hotels Company Ltd. is trading below its 200 day SMA of 781.5
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    Royal Orchid Hotels Ltd.
    10 May 2023
    504.20
    -0.78%
    Royal Orchid Hotels hits new high; stock zooms 50% in 5 weeks
    Royal Orchid Hotels hits new high; stock zooms 50% in 5 weeks
    Business Standard
    Nuvama Wealth and Investment remains confident of ROHL's ability to deliver a superior performance on favourable industry dynamics and elaborate expansion plans
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    Royal Orchid Hotels Ltd. is trading above all available SMAs
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    Westlife Foodworld Ltd.
    09 May 2023
    724.50
    -2.20%
    Westlife Development net profit grows 30.3% to Rs 20.3 cr in March quarter
    Westlife Development net profit grows 30.3% to Rs 20.3 cr in March quarter
    Business Standard
    Westlife Development Ltd on Tuesday reported a 30.3 per cent increase in consolidated net profit to Rs 20.30 crore for the fourth quarter ended March 2023. The company had posted a net profit of Rs 15.58 crore in the January-March quarter a year ago, Westlife Development Ltd said in a BSE filing. Its subsidiary Hardcastle Restaurants is the Master Franchisee of McDonald's restaurants in West and South India. The company's sales were up 22.5 per cent at Rs 543.80 crore during the period under review against Rs 443.90 crore in the corresponding quarter last fiscal. Westlife Development's total operating costs and expenses rose 18.79 per cent to Rs 419.92 crore in Q4 FY23. In the March quarter, total revenues of the company surged 22.25 per cent to 556.37 crore. According to the company, it has "reported an all-time high Q4 sales" with a strong double-digit SSSG (same-store sales growth) of 14 per cent year-on-year. "This was driven by double-digit growth in dine-in customers, enab
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    Westlife Foodworld Ltd. is trading below its 50 day SMA of 732.7
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    Westlife Foodworld Ltd.
    09 May 2023
    724.50
    -2.20%
    McDonald's India franchisee Westlife misses profit view as inflation bites
    McDonald's India franchisee Westlife misses profit view as inflation bites
    Business Standard
    Westlife Foodworld Ltd, which owns franchise for McDonald's Corp in west and south India, reported a smaller-than-expected jump in fourth-quarter profit
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    Westlife Foodworld L.. has an average target of 812.50 from 5 brokers.
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    Royal Orchid Hotels Ltd.
    09 May 2023
    504.20
    -0.78%
    Hotels are at peak occupancy, growth will come via higher room rates: Royal Orchid's chairman
    Hotels are at peak occupancy, growth will come via higher room rates: Royal Orchid's chairman
    Moneycontrol
    The Indian hotel industry bounced back since March last year after struggling during Covid years. The sector which returned to pre-pandemic levels in FY23 is expected to see double-digit growth in FY24.
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    Royal Orchid Hotels Ltd. is trading above all available SMAs
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    Royal Orchid Hotels Ltd.
    09 May 2023
    504.20
    -0.78%
    Regenta Inn to open in Bengaluru's Koramangala
    Business Line
    Regenta & Royal Orchid Hotels is optimistic about the its success, citing the resurgence of domestic and international tourism in a post-pandemic world.
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    Royal Orchid Hotels Ltd. has gained 39.73% in the last 1 Year
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    Lemon Tree Hotels Ltd.
    05 May 2023
    172.90
    0.45%
    Lemon Tree Hotels share price up 41% in last one year; is it the right time to buy the stock?
    Lemon Tree Hotels share price up 41% in last one year; is it the right time to buy the stock?
    livemint
    Brokerages underscore that under its new strategy of moving towards an asset-light model, Lemon Tree Hotels has expanded the number of managed hotels.
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    Lemon Tree Hotels Ltd. has gained 27.13% in the last 6 Months
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    Devyani International Ltd.
    04 May 2023
    178.64
    0.66%
    Tarun Jain replaces Navin Gurnaney as Tim Horton's India CEO
    Tarun Jain replaces Navin Gurnaney as Tim Horton's India CEO
    livemint
    Jain joins the local arm of the Canadian coffee chain from food services company Devyani International Limited where he served as CEO, Costa Coffee (India), since August 2022
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    Devyani International Ltd. is trading above all available SMAs
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    Indian Hotels Company Ltd.
    02 May 2023
    Divestment Plans
    775.55
    -0.83%
    Buy Indian Hotels; target of Rs 420: Motilal Oswal
    Buy Indian Hotels; target of Rs 420: Motilal Oswal
    Moneycontrol
    Motilal Oswal is bullish on Indian Hotels recommended buy rating on the stock with a target price of Rs 420 in its research report dated April 28, 2023.
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    Indian Hotels Company Ltd. is trading above its 150 day SMA of 767.8
    Buy Indian Hotels Company; target of Rs 425: Sharekhan
    Moneycontrol | 01 May 2023
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