Cummins India is currently trading at Rs. 896.80, up by 47.85 points or 5.64% from its previous closing of Rs. 848.95 on the BSE.
The scrip opened at Rs. 875.10 and has touched a high and low of Rs. 919.00 and Rs. 875.10 respectively. So far 196994 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 975.00 on 08-Feb-2016 and a 52 week low of Rs. 746.80 on 26-May-2016.
Last one week high and low of the scrip stood at Rs. 919.00 and Rs. 826.35 respectively. The current market cap of the company is Rs. 25197.48 crore.
The promoters holding in the company stood at 51.00%, while institutions and non-institutions held 36.05% and 12.95% respectively.
Cummins India has reported 11.29% rise in its net profit at Rs 198.09 crore for the quarter ended December 31, 2016, as compared to Rs 177.99 crore for the same quarter in the previous year. Total income of the company increased by 16.27% at Rs 1499.39 crore for the quarter under review as compared Rs 1289.53 crore for the corresponding quarter previous year.
Cummins India, the country’s leading manufacturer of diesel and natural gas engines is one of the eight legal entities of the Cummins Group in India. Comprising of four business units - Industrial Engine, Power Generation, Distribution, and Automotive, Cummins India is also the largest entity of the Cummins Group in India.