Here's why Zomato's shares are up today
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Global brokerages Morgan Stanley and Citi are optimistic about Zomato's stock price.
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They expect 46% upside, which could be due to the company's ability to come up with new ideas and expand its services.
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The price of the stock went up by 2%.
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Zomato has started a new service that will sell quick and cheap home-style meals to college students and people who work in offices.
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Prices start at Rs 89 per serving, not including delivery fees, and these meals will be available for breakfast (8 am–11:30 am) and lunch (11:30 am- 3:30 pm).