Last week Westlife Development the master franchisee of McDonald’s in the south and west India declared their annual numbers.
We analyzed the numbers and are not at all happy with them . its been years and years of losses and sales are marginally higher to around 900 crores. Marcet cap is around 4000 crore and we now getting nervous about potential returns from this stock.
We have accumulated this stock at around 160-175 and started selling it around 250 with last lot sold at 220 .