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

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

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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)