This giant pizza company is laughing all the way to the Bank. Know why

Pizza maker Jubilant Foodworks jumped 2.3 percent after a report from global brokerage BoFA ML raised its price target on the fast food retailer to `2,100 rupees a share.

BoFA ML expects Jubilant Foodworks, which sells pizzas under the Dominos brand, to post a Same Store Sales growth of between 6-7 percent in the first quarter.

Jubilant Foodworks rose 40.50 rupees to 1,927 rupees on the Bombay Stock Exchange where more than 17,300 shares changed hands by10.50 AM compared with 12,629 shares traded on Thursday.

(Image: Indiatimes)