Cummins India hits record high

Cummins India

22/02/2024 09:15

** Shares of Cummins India  CUMM.NS  up as much as 5.5% at a
record 2,753.75 rupees 
    ** Reuters could not immediately confirm the reason for the
stock move
    ** CUMM had hit a record high on Feb. 8 after reporting an
~21% jump in Q3 profit 
    ** Eighteen analysts have hiked PT on "hold"-rated stock
since results - LSEG data
    ** Median PT is 2,450 rupees vs 1,770 rupees a month earlier
- LSEG
    ** Stock up ~39% YTD, after rising for four straight years
    

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))