Reuters Market Eye - Shares of Jubilant Foodworks
Jubilant's market value reached $1.05 billion as of Monday's close, according to Thomson Reuters data.
Goldman cites three key reasons for its call: rising urbanisation, the rising number of women in the workforce and an increasing youth population.
Goldman adds Jubilant will maintain its competitive edge thanks to its network of Domino's stores, a "robust" supply chain, its more than 20,000 employees, and the "pioneering" use of online ordering and IT systems.
(Reporting by Indulal PM)