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Август
2024

Buy Zomato, sell Jubilant Foodworks & don't buy other QSR stocks: Will this theme continue even longer after Swiggy gets listed?

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For 2023, Biryani was the most ordered food online. Will 2024 be different when numbers come out. Not probably, With nearly 85 variants and over 6.2 million orders, 'Dum Biryani 'has emerged as the undisputed champion. Biryani rice came in second with 3.5 million orders, while 'Hyderabadi Biryani' received over 2.8 million orders. For some investors these might appear to be irrelevant at the first instance, but probably that is the reason why stocks like Jubilant foodworks and other QSR stocks have been underperforming for quite some time. Will this change, or growth of zomato and swiggy, which makes sure that more Briyani, Chole Bhature and Tikki are ordered, brings a cap to growth which pizza and burger sellers can have at least in terms of giving return on the street.



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