Cummins India hits record high
** Shares of Cummins India CUMM.NS jump as much as ~3% to
hit record high of 3,133.20 rupees
** Stock ends session 2.6% up at 3,120.65 rupees, 25% higher
than median TP set by 24 analysts, as per LSEG data
** Reuters could not immediately ascertain reason behind the
move
** Avg rating on stock "hold" - LSEG data
** YTD stock up ~59% vs a ~42% climb in 2023
(Reporting by Hritam Mukherjee in Bengaluru)
((Hritam.Mukherjee@thomsonreuters.com;))
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