Cummins India Limited (CUMMINSIND.BO)
| Previous Close | 3,541.40 |
| Open | 3,515.25 |
| Bid | 3,419.00 x 0 |
| Ask | 3,411.40 x 0 |
| Day's Range | 3,393.80 - 3,553.35 |
| 52 Week Range | 1,658.65 - 4,169.50 |
| Volume | |
| Avg. Volume | 13,233 |
| Market Cap | 957.406B |
| Beta (5Y Monthly) | 0.85 |
| PE Ratio (TTM) | 52.40 |
| EPS (TTM) | 65.16 |
| Earnings Date | Nov 07, 2024 |
| Forward Dividend & Yield | 40.00 (1.12%) |
| Ex-Dividend Date | Jul 19, 2024 |
| 1y Target Est | 809.52 |
- Reuters
Cummins India's quarterly profit rises on higher demand for power generators
Cummins India, a unit of U.S.- based truck engine maker Cummins, reported a 31% surge in first-quarter profit, driven by increasing domestic demand for its power generators. Higher sales in its engines segment, which includes power generator sets, boosted overall sales by 5% to 29.16 billion rupees. India's electricity generation hit record highs in the April-June quarter - peak summer time for the country - fuelling demand for power generators.
- Reuters
Cummins India posts higher Q3 profit on demand recovery
Cummins India reported a 20.6% rise in third-quarter profit on Wednesday, as demand for its engines and power generator sets recovered following a hit from new emissions norms. The Indian unit of U.S. truck engine maker Cummins posted a consolidated profit after tax of 4.99 billion rupees ($60.2 million) for the quarter ended Dec. 31 from 4.14 billion rupees a year earlier. Sales rose 16.8% to 25.10 billion rupees on the back of stable demand for its newly launched and more expensive power generator sets.
