Cummins India is currently trading at Rs. 870.00, up by 19.70 points or 2.32% from its previous closing of Rs. 850.30 on the BSE.
The scrip opened at Rs. 862.00 and has touched a high and low of Rs. 877.00 and Rs. 859.00 respectively. So far 4427 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 960.00 on 05-Jan-2015 and a 52 week low of Rs. 580.00 on 19-Jun-2014.
Last one week high and low of the scrip stood at Rs. 877.00 and Rs. 835.00 respectively. The current market cap of the company is Rs. 23570.32 crore.
The promoters holding in the company stood at 51.00% while Institutions and Non-Institutions held 35.32% and 13.68% respectively.
Cummins India has received an approval to increase the existing shareholding in Cummins Svam Sales & Service (JV Company) from 50% to 100%, subject to the due diligence and the purchase consideration not exceeding Rs 6.5 crore. The acquisition on completion will make the JV Company a wholly owned subsidiary of the company.
The board of directors at their meeting held on May 28, 2015 has approved for the same. The board considered this proposal under any other item of the agenda.
Cummins India is leading manufacturer of diesel and a subsidiary of Cummins Inc USA, the world’s largest independent diesel engine designer and manufacturer of engines above 200 HP.
| Company Name | CMP |
|---|---|
| Cummins India | 5141.75 |
| Greaves Cotton | 161.40 |
| Swaraj Engines | 4049.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: