Stock Report

Wonderla Holidays Ltd. Launches ''Wonder Kitchen'' in Hyderabad



Posted On : 2020-09-22 14:34:53( TIMEZONE : IST )

Wonderla Holidays Ltd. Launches ''Wonder Kitchen'' in Hyderabad

India''s leading amusement park and hospitality Brand, Wonderla Holidays Limited would be launching tomorrow their new food takeaway and home delivery outlet under the brand name "Wonder Kitchen" at Vanasthalipuram, Hyderabad. The outlet would be inaugurated by Shri. Jitta Rajashekar Reddy, Vanasthalipuram - Corporator, in the presence of Shri. Madhu Sudhan - Wonderla Holidays Hyderabad Park Head.

Wonderla Holidays Limited announced their business foray into food takeaway and home delivery division earlier this year in June 2020 with the launch of the first Wonder Kitchen outlet located at Kengeri, Bangalore. After the successful run of Kengeri outlet, Wonder Kitchen opened 2nd Outlet in Rajarajeshwari Nagar, Bangalore and 3rd Outlet in Kakkanad at Kochi/Kerala. Wonder Kitchen - Vanasthalipuram is the fourth outlet in the chain of food takeaway outlets launched by Wonderla Holidays.

Wonder Kitchen is a multi-cuisine cloud-kitchen serving vegetarian and non-vegetarian dishes and has also partnered with Swiggy and Zomato for online orders and home delivery apart from takeaway. The outlet will operate from 12.00 PM to 10 PM and will do FREE home delivery within 5 km radius of the outlet.

Shri. Madhu Sudhan Gutta - Wonderla Holidays Hyderabad Park Head said, "Due to the pandemic scenario, we decided to step into this business idea of cloud kitchen initiative with the support of our experienced staff. We would be serving fresh and hygiene food as per the safety protocols. The first three outlets at Bangalore & Kochi have been well received by the customers and we will be opening more outlets in the coming months at various locations".

Shares of Wonderla Holidays Ltd was last trading in BSE at Rs.158.25 as compared to the previous close of Rs. 166.4. The total number of shares traded during the day was 11597 in over 747 trades.

The stock hit an intraday high of Rs. 170.3 and intraday low of 156.6. The net turnover during the day was Rs. 1878783.

Source : Equity Bulls

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