Westlife Foodworld soars 10%, hits new high on 'Vision 2027' growth plan

The company is looking for an almost three-fold jump in sales, between Rs 4,000 crore and Rs 4,500 crore, in the next five years by 2027

Shares of Westlife Foodworld (WFL), the master franchisee of McDonald's restaurants for West and South India, moved higher by 10 per cent to Rs 815.25, hitting a fresh record high on the BSE in Tuesday's intra-day trade, in an otherwise weak market.

In the past two days, the stock has rallied 12 per cent after the company said it is looking for an almost three-fold jump in sales, between Rs 4,000 crore and Rs 4,500 crore in the next five years by 2027, mainly on the back of network expansion, and omni channel approach.

It surpassed its previous