The Pune-headquartered company has shown revenue growth in exports and domestic market in the quarter to December.
The Tata Motors stock has trailed the Sensex by 17 per cent in the past three months.
The scope of the PMUY has increased to include 80 million households from 50 million currently.
Net profit rose to Rs 1,490 crore in the third quarter of FY18.
Railway passenger growth dropped by an average 0.26% every year in the five years ended 2016-17.
The main beneficiary will be Indiaborn Briton Hemant Kavthankar.
Despite capital expenditure of Rs 200 crore in past four fiscals, Galaxy is free cash flow positive.
Co’s operating profits will also improve with increased localisation at its Gujarat plant.
The new pipeline will tap potential demand for 1 million tonnes of gas from clients such as MRPL.
India has 8.3% weight in the MSCI EM Index and foreign funds are overweight by 100-150 basis points
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