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Cummins India soars on reporting 12% rise in Q3 consolidated net profit

06 Feb 2025 Evaluate

Cummins India is currently trading at Rs. 2958.10, up by 38.65 points or 1.32% from its previous closing of Rs. 2919.45 on the BSE.

The scrip opened at Rs. 3068.00 and has touched a high and low of Rs. 3075.95 and Rs. 2939.40 respectively. So far 27037 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4169.50 on 25-Jun-2024 and a 52 week low of Rs. 2,373.40 on 07-Feb-2024.

Last one week high and low of the scrip stood at Rs. 3075.95 and Rs. 2660.00 respectively. The current market cap of the company is Rs. 82202.27 crore.

The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 40.01% and 9.00% respectively.

Cummins India has reported 12.99% rise in its net profit at Rs 514.00 crore for Q3FY25 as compared to Rs 454.92 crore for the same quarter in the previous year. Total income of the company increased by 21.12% at Rs 3206.90 crore for Q3FY25 as compared to Rs 2647.67 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 11.94% rise in its net profit at Rs 558.46 crore for the quarter ended December 31, 2024 as compared to Rs 498.91 crore for the same quarter in the previous year. Total income of the company increased by 21.46% at Rs 3207.54 crore for Q3FY25 as compared to Rs 2640.77 crore for the corresponding quarter previous year. 


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