Jubilant FoodWorks surges as its Domino`s Pizza launches 20-minutes delivery across 20 zones in India
Jubilant FoodWorks is currently trading at Rs. 531.40, up by 10.55 points or 2.03% from its previous closing of Rs. 520.85 on the BSE.
The scrip opened at Rs. 529.80 and has touched a high and low of Rs. 534.45 and Rs. 524.65 respectively. So far 87746 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 805.47 on 14-Jan-2022 and a 52 week low of Rs. 451.60 on 12-May-2022.
Last one week high and low of the scrip stood at Rs. 534.45 and Rs. 513.05 respectively. The current market cap of the company is Rs. 35126.86 crore.
The promoters holding in the company stood at 41.94%, while Institutions and Non-Institutions held 48.60% and 9.46% respectively.
Jubilant FoodWorks’ Domino’s Pizza has launched 20-minutes delivery across 20 zones. The brand is positioned to provide its consumers with a great pizza-eating experience. To achieve this, it has constantly focused on multiple aspects, such as product innovation, taste, pricing, and guest service. The brand earlier pioneered 30-minutes delivery and established itself as a market leader in the QSR sector. The unparalleled 20-minutes delivery announcement that underlines Domino's delivery prowess is a benchmark proposition revolutionizing the QSR sector.
Domino's India 20-minutes delivery is being driven by enhancing and optimizing in-store process improvements, dynamic resource planning, technology upgradation and interventions for improved operational efficiencies, and expanding stores within the vicinity. These steps help the brand optimize the overall timing of the entire process, ensuring the delivery of hotter, fresher and tastier pizza in 20 minutes without compromising the food quality and the safety & well–being of its delivery riders
Jubilant FoodWorks is India’s largest and fastest growing food service company. The company and its subsidiary operates Domino’s Pizza brand with exclusive rights for India, Nepal, Bangladesh and Sri Lanka.