Wonderla Holidays to suspend 'Wonder Kitchen' temporarily

Wonderla Holidays Limited has announced its decision to temporarily suspend the services of its food takeaway and home delivery initiative 'Wonder Kitchen'.

Commenting on the decision, Mr Arun Chittilapilly, Managing Director, Wonderla Holidays Ltd, said, "We are in the process to upgrade Wonder Kitchen, making the service the best of its kind. The temporary break will be used for research and adopting appropriate measures for the comeback".

Wonderla announced its foray into food takeaway and home delivery division in June 2020 with the launch of the first Wonder Kitchen outlet at Kengeri, Bengaluru, followed by outlets in other cities. The initiative had partnered with online food delivery apps like Swiggy and Zomato for online orders and home delivery apart from takeaway.

Shares of Wonderla Holidays Ltd was last trading in BSE at Rs.202.8 as compared to the previous close of Rs. 195.7. The total number of shares traded during the day was 9786 in over 464 trades.

The stock hit an intraday high of Rs. 202.95 and intraday low of 196.55. The net turnover during the day was Rs. 1950242.

Source : Equity Bulls

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