Cummins India climbs on jump in Q4 profit

Cummins India

25/05/2023 10:47

** Shares of Cummins India Ltd  CUMM.NS  rise as much as
4.20% after co posts 61.3% jump in Q4 profit after tax
    ** Income from operations jumps over 28% YoY; co declares
final dividend of 13 rupees per share
    ** Stock posts highest intraday pct gain in over three
months
    ** Trading volume is 2.36 mln shares as of 3:07 p.m. IST,
nearly 4x the 30-day avg - Refinitiv data
    ** Thirteen analysts rate stock 'buy' or higher, five 'hold'
and eight 'sell' or lower; median PT is 1,565.00 rupees
 

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))