Cummins India Dividend announcement By Yash Gupta, Angel Broking
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Below are Views On Cummins India Dividend announcement By Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
Cummins India announced a dividend of ₹7. Cummins India after reporting better than expected performance in Q3FY21, the company announced an interim dividend of ₹7 per equity shares (Face Value Rs. 2/- each). The Dividend warrants for the said interim dividend will be dispatched by February 22, 2021 and the dividend will be paid on February 24, 2021. Earlier the company reported a very good set of numbers in which Profit after tax for the quarter up by 20%.
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On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
