PM Modi Inaugurates Pune Metro Line 3, Says India's Metro Network Increased From 248 Km To 1,200 Km In Last 12 Years
Indian markets moved higher in a capex & expansion development.
· NDTV Profit
Narendra Modi also laid the foundation stone of four new metro corridors under Phase-II, involving a total investment of around Rs 21,800 crore.
The analysis
Capex decisions are a bet on future demand; the market rewards or punishes them on whether the returns look credible.