Buy Westlife Development, target price Rs 781: Prabhudas Lilladher

Prabhudas Lilladher has buy call on Westlife Development with a target price of Rs 781. The current market price of Westlife Development is Rs 642.4.
Time period given by analyst is one year when Westlife Development Ltd. price can reach defined target.

Westlife Development Ltd., incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 10013.44 Crore) operating in Tourism & Hospitality sector.


Westlife Development Ltd. key Products/Revenue Segments include Income From Sale Of Share & Securities for the year ending 31-Mar-2022.


Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 539.74 Crore, up 15.28 % from last quarter Total Income of Rs 468.18 Crore and up 103.24 % from last year same quarter Total Income of Rs 265.57 Crore. Company reported net profit after tax of Rs 23.58 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 56.98 per cent stake in the company as of 31-Mar-2022, while FIIs owned 9.94 per cent, DIIs 22.84 per cent.