Cummins India surges after quarterly profit rise
27/05/2026 10:20
BUZZ-Cummins India surges after quarterly profit rise ** Shares of Cummins India CUMM.NS jump 9.07% to 5920 rupees, set for highest intraday pct gains since November 25, 2024
** Indian unit of U.S.-based truck engine maker Cummins Inc CMI.N posts 22.7% y/y rise in quarter profit after tax to 6.49 billion rupees ($67.79 million)
** Co's total income from operations rose 22% y/y to 29.63 billion rupees
** CUMM rated "buy" on average by 22 analysts, median PT at 4830 rupees -- data compiled by LSEG
** YTD stock up 33.67%
($1 = 95.7300 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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