Mining stocks zoom over Modi govt's green push
Friday, 6 October 2023
Shares of Indian metals producers, such as Gujarat Mineral Development Corp and Hindustan Copper Ltd, have outperformed local benchmarks this year due to hopes that they will play a role in India's green agenda. Investors are betting on PM Modi's goal of reaching net zero emissions by 2070 and India's push to become self-reliant in the production of electric vehicle batteries and other renewable equipment.
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