BSE 500: These hospitality stocks rallied on the last trading day of July

Know which stocks in the sector emerged as gainers in today’s session

At the closing bell on July 29, the Sensex has surged to 57,570.25 levels, up by 1.3 per cent or 712 points, while the Nifty index reclaimed the 17,000 mark and closed at 17,158.25, up by 1.4 per cent or 229 points.  

  Westlife Development, Devyani International and IRCTC witnessed positive action in today’s session.  

  Westlife Development Ltd (WDL) witnessed a gain of 8.79 per cent in today’s session and closed at Rs 585 on the back of robust Q1 performance. WDL is one of the fastest growing players in India's quick service restaurant (QSR) sector, focusing on establishing and operating McDonald's restaurants across West and South India, through its wholly owned subsidiary Hardcastle Restaurants Pvt Ltd. (HRPL). For Q1FY23, it posted the highest ever quarterly sales at Rs 538 crore, was up 108 per cent YoY and 18 per cent QoQ while posting strong EBITDA margins of 17.1 per cent. The shares of WDL hit intra-day highs and lows of Rs 594.40 and Rs 551, respectively. 

Devyani International Ltd gained 7.97 per cent in today’s session and closed at Rs 178.80. The shares of Devyani International hit intra-day highs and lows of Rs 181.85 and Rs 161.70, respectively. Devyani International is the largest Franchisee of Yum! Brands and operates the highest outlets of KFC, Pizza Hut, and Costa Cofee in India, and the company is the largest operator of quick-service restaurants chain in India. 

Indian Railways Catering and Tourism Corporation Ltd (IRCTC) gained 5.91 per cent in today’s session and closed at Rs 637.35. The shares of IRCTC hit intra-day highs and lows of Rs 642 and Rs 605.65, respectively.