Tuesday, Nov 18 — Shares of Westlife Foodworld Ltd traded sharply higher in early hours at Rs 573.10, up 5.30%, after the company disclosed that its chairperson, Amit Jatia, purchased more than 8,000 shares through open market transactions.
The stock saw strong buying interest following the disclosure, pushing it higher by nearly Rs 29 in today’s session.
Westlife Foodworld operates McDonald’s restaurants in West and South India through its subsidiary, and the latest insider purchase comes at a time when the company continues to see steady traction in its quick-service restaurant operations across key markets.
Further details of the transaction were shared through exchange filings.
