Cummins India hits record high on quarterly profit surge

Cummins India

07/11/2025 06:22

** Cummins India CUMM.NS stock rises as much as 2.9% to record 4,445 rupees

** Power generator co's Q2 consol PAT surges 38.5% on robust demand; consol revenue from ops jumps 26.7%

** Says increased liquidity from GST cuts points to reasonable economic outlook for rest of the year

** Cautiously optimistic about growth prospects across international and domestic markets

** Motilal Oswal ("Buy") says domestic sales and exports beat its estimates by 9% and 13%, respectively

** More than 1.4 million shares change hands vs 30 day avg of 391,446 shares

** Stock rated "hold" on average by 24 analysts; median PT at 3,895 rupees - data compiled by LSEG

** YTD, stock up nearly 36%

 (Reporting by Mridula Kumar)

 ((Mridula.kumar@thomsonreuters.com))