Jubilant FoodWorks Gains on Tie-Up with Indian Railways

Shares of Jubilant FoodWorks gained as much as 3 per cent in the opening trades on Wednesday after the company said that it has tied up with Indian Railways for delivering pizzas to commuters in trains.

 

The passengers can now order a pizza right from their train seat by placing order online or via phone call. The tie-up could open up a new and untapped market for Domino's Pizza which is the flagship brand of the company.

 

The plan is in the pilot stages and initially the services will be made available on Delhi to Jaipur route.

 

However Jubilant FoodWorks ended 0.4 per cent higher at Rs 1,672 owing to profit booking.