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CMI Cummins News Story

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Cummins India gains on quarterly profit rise

** Shares of Cummins India CUMM.NS rise 2.9% to 3,780 rupees, highest since October 16, 2024

** Stock marks biggest intraday pct gain since May 30

** Co posts 30.5% Y/Y rise in June-qtr consol PAT, helped by robust demand for its engines and power generators

** Consolidated revenue from operations up 25.7% Y/Y

** CUMM rated "buy" by 22 analysts on average; median target price is 3,500 rupees – data compiled by LSEG

** Stock up 15.4% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))

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