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Jubilant FoodWorks surges 5% as it forays into biryani

Updated : December 17, 2020 03:40:51 IST

Jubilant FoodWorks Ltd (JFL) surged five percent on Thursday after its announcement of entering the biryani segment with a new brand 'Ekdum!' as part of its portfolio expansion.

Biryani is the most ordered food at home after pizza. According to Swiggy data, Indians order 95 biryanis per minute.

Hence Jubilant launching its three delivery, dine-in, and takeaway outlets in Gurgaon is seen to be a big positive.

JFL, part of Jubilant Bhartia Group, is one of the largest food service companies and operates Domino's Pizza restaurants, Dunkin' Donuts and Hong's Kitchen.

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