Cummins India Stock Rises on Strong Results

  Published 1 year ago

Cummins India (CUMM.NS) shares rose 3% to 3,264 rupees following positive Q4 results, despite a slight year-over-year PAT decline. Analysts highlight strong margins and robust demand across key sectors, leading to 'buy' ratings and optimistic price targets.

  • Q4 PAT beat estimates despite a 1.7% y/y decrease.
  • Strong demand from data centers, real estate, and infrastructure.
  • Analysts cite margin performance & improving export demand.

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