Cummins Financial News

Mutual funds in November bought stocks worth Rs 264 billion in the Indian secondary market. The mutual fund managers actively churn the scheme portfolios and accordingly make changes from their portfolios to deliver better performance. Here are the large, mid, and smallcap stocks that mutual funds bought and sold in November, according to the Mutual Fund Insights report by Nuvama Alternative & Quantitative Research. The highest deployment by the mutual fund industry were Zomato's QIP (Rs 56 billion), IPOs of Swiggy (Rs 53 billion), and NTPC Green (Rs 40 billion). Meanwhile, mutual funds utilised the MSCI-driven liquidity at the end of November to partially exit inclusion such as HDFC Bank (Rs 110 billion), Voltas (Rs 14 billion), Oberoi Realty (Rs 11 billion), and Alkem (Rs 8 billion). Also Read | Mutual funds see Rs 8,995 crore inflow in mid and small cap funds in November. Should you allocate more?

Cummins India Ltd. 0.34 per cent to Rs 3470.05 in Friday's trade as of 11:05AM (IST) even as the benchmark Nifty ruled at 24723.5, 15.1 points. The scrip had closed at Rs 3458.05 in the previous session. The stock quoted a 52-week low of Rs 1836.95 and a high of Rs 4169.50. The company quoted a market-cap of Rs 96728.94 crore on the BSE.

The Environmental Protection Agency says it concluded more than 1,850 civil cases this year, a 3.4% increase over 2023, and charged 121 criminal defendants, a 17.6% increase over the previous year

Cummins India staged a recovery on Monday with over 6% gain after shedding nearly 7% since declaring the September quarter result on November 7. The company reported a strong double digit growth year-on-year in revenue and profit for the second quarter amid expansion in operating margin before depreciation and amortisation (EBITDA margin). However, uncertainty over the extent of demand, pricing of the diesel power generators under 800 Kilowatt-hour (kWh) capacity, which was buoyant in the first two quarters of the current fiscal year, and elevated valuation are some of the concerns for the stock. The Central Pollution Control Board made CPCB IV plus compliance mandatory for generators under 800 KVA range since July 01. These standards, in a bid to improve air quality, prescribe the permissible levels of pollutants emitted by diesel generators. This regulatory push was a key driver in sales of gensets under 800 kWh during the first half of FY25 for Cummins India. In addition, the company also reported traction from data centre sector for its generators, which are in the above 800 kWh range and follow CPCB II norms.

In the latest, just when Shreyas Iyer had set a new record, within minutes, it was broken by Rishabh Pant at IPl 2025 Auction, currently underway in Jeddah. Over the years, several cricketers have rewritten auction history by fetching astronomical bids.These players epitomize the blend of skill, temperament, and star power that the IPL stands for, proving their worth in gold—quite literally!

Cummins India Ltd. 0.28 per cent to Rs 3361.60 in Tuesday's session as of 12:43PM (IST) even as the equity benchmark Sensex traded 1007.18 points at 78346.19. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 4169.50 and a 52-week low of Rs 1817.70 on NSE. Around 15165 shares changed hands on the counter till 12:43PM (IST).

Cummins India Ltd. rose 0.16 per cent to Rs 3323.10 in Monday's trade. It hit an intraday high of Rs 3356.20 and low of Rs 3267.50, respectively, during the day. The stock quoted a 52-week high price of Rs 4169.50 and low of Rs 1779.20.

Australia and on the other side are India, wounded after a rare series loss at home after 12 years, that too a 0-3 whitewash against New Zealand. Here is a description of what could be expected at each venue based on last six seasons, which have witnessed two big series wins by India and another home Test loss for Australia to West Indies in a thriller at Brisbane this year. -Optus Stadium, Perth

Australia by nine wickets in the second one-day international on Friday. Australia was 163 all out in 35 overs against Rauf's relentless pace and left-hander Ayub smashed six sixes and five fours as Pakistan cruised to 169-1 in 26.3 overs to level the three-match series.

SBI, Tata Motors, Ola Electric, Vedanta, Indian Hotels among others will be in focus due to various news developments and second quarter results. SBI, LIC, Tata Motors, Vedanta, MRF, Vedanta, Ola Electric, Ashok Leyland Shares of SBI, LIC, Tata Motors, Vedanta, MRF, Vedanta, Ola Electric and Ashok Leyland will be in focus as the companies will announce their second quarter results today.

Cummins India Ltd. 0.6 per cent to Rs 3589.80 at 11:52AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 8,144 shares with a turnover of Rs 2.93 crore till 11:52AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 54.56, while the price-to-book value ratio stood at 12.61.

Hemang Jani, Independent Market Expert, says at index level, there has been an almost 10% correction, at stock level anywhere from 10% to 25-30%. A large part of that pain is behind us. It is time to start accumulating stocks, particularly the pockets where the numbers have been good, whether it is banks, defence, some of the pharma companies, telecoms, so on and so forth. We are all heaving a sigh of relief with yesterday’s rebound that we witnessed. What do you make of it? Do you think that the much overdue correction is still eluding us and is yet to come or is this going to be the course of action for the markets a couple of days on the downside and then we will bounce back? Hemang Jani: We are going through this correction for almost three to four weeks now. Of course, the earning season has been one of the main triggers, which has been a bit disappointing across sectors and within sectors also we are seeing a lot of divergence. But once this US election as an event is out of the way and once we see some clarity emerging, our markets should stabilise because a large part of the correction, which is earnings led has already been priced in because at index level we have seen almost about 10% correction, at stock level anywhere from 10% to 25-30%.

Indian Premier League (IPL) franchises announced their list of player retention on Thursday, October 31, ahead of the highly anticipated 2025 mega-auction. With franchises eager to secure their core talents, an impressive amount was spent to retain top players, including some rising stars. Notably, Punjab Kings took a conservative approach, retaining only two players, while other teams kept their essential players intact. The auction is scheduled for November and December, where franchises will look to fill the remaining slots. Rajasthan Royals (RR) committed to retaining six key players, leaving them with a remaining purse of Rs 41 crore for the auction. In contrast, Punjab Kings (PBKS) enter the bidding with a hefty Rs 110.5 crore, positioning them well to compete for high-value players. South African wicketkeeper-batter Heinrich Klaasen emerged as the most expensive retention, with SunRisers Hyderabad (SRH) valuing him at Rs 23 crore. Meanwhile, Virat Kohli secured his position as the priciest Indian player, with Royal Challengers Bangalore (RCB) allocating Rs 21 crore to retain him.

Cummins India Ltd. 1.29 per cent to Rs 3517.60 at 10:35AM (IST) in Wednesday's trade. The stock hit a high of Rs 3524.95 and low of Rs 3454.20 so far during the session. The stock had closed at Rs 3472.60 in the previous session. The counter had a total traded volume of 10:35AM shares so far with a turnover of Rs 0.97 crore on BSE. The stock traded at a price-to-earnings multiple of 53.27 and a price-to-book ratio of 12.61.

Cummins India Ltd. traded 1.31 per cent up at Rs 3494.8 at around 01:02PM (IST) on Wednesday. The stock had closed at Rs 3541.4 in the previous session. Equity benchmark Sensex traded 284.58 points higher at 80505.3 around the same time.

Cummins India Ltd. slipped 2.13 per cent to Rs 3715.1 in Thursday's trade as of 12:47PM (IST). The stock hit a high price of Rs 3838.55 and low of Rs 3711.0 during the session.

Cummins India Ltd. slipped 0.33 per cent to Rs 3831.8 in Wednesday's trade as of 11:21AM (IST). The stock hit a high price of Rs 3866.5 and low of Rs 3825.55 during the session. The return on equity (ROE) for the stock stood at 26.02 per cent. Traded volume on the counter stood at 11:21AM shares and turnover at Rs 0.51 crore around that time. The stock of Cummins India Ltd. quoted a 52-week high price of Rs 4169.5 and 52-week low prices of Rs 1590.3, respectively.

Cummins India Ltd. traded at Rs 3690.2 on BSE at 10:25AM (IST) on Tuesday, up 0.44 per cent from previous close. The stock quoted a 52-week low price of Rs 1590.3 and a high of Rs 4169.5.

Buy or sell stocks today: The Indian stock market's benchmark index, Nifty 50, hit fresh record highs on Monday, September 2, marking its 13th consecutive day of the index closing in the green. The index closed 0.17 per cent higher at 25,278.70 points, up from 25,235.90 points in the previous session. The BSE Sensex closed 0.24 per cent higher at 82,559.84 points, compared to 82,365.77 points in the previous market close.

Cummins India Ltd. gained 2.64 per cent to Rs 3922.1 at 11:37AM (IST) in Monday's trade. The stock has hit a high of Rs 3926.6 and low of Rs 3821.3 so far during the session. The stock had closed at Rs 3821.0 in the previous session. The counter has had a total traded volume of 7545 shares so far with a value of Rs 2.93 crore on the NSE. It traded at a price-to-earnings multiple of 59.43 and a price-to-book ratio of 12.61.

Cummins India Ltd. traded 7.02 per cent up in Wednesday's trade at 01:49PM (IST). Around 52,365 shares changed hands on the counter. The counter opened at Rs 3579.9 and touched an intraday high and low of Rs 3817.55 and Rs 3452.85, respectively, in the session so far. The stock of Cummins India Ltd. quoted a 52-week high of Rs 4169.5 and a 52-week low of Rs 1590.3.