Cummins India inches up on reporting 21% rise in Q2 consolidated net profit
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Cummins India is currently trading at Rs. 1331.70, up by 0.55 points or 0.04% from its previous closing of Rs. 1331.15 on the BSE.
The scrip opened at Rs. 1349.00 and has touched a high and low of Rs. 1372.55 and Rs. 1307.50 respectively. So far 32837 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1373.00 on 01-Nov-2022 and a 52 week low of Rs. 842.65 on 29-Nov-2021.
Last one week high and low of the scrip stood at Rs. 1373.00 and Rs. 1300.70 respectively. The current market cap of the company is Rs. 36719.30 crore.
The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 37.11% and 11.90% respectively.
Cummins India has reported results for second quarter ended September 30, 2022.
The company has reported a rise of 14.77% in its net profit at Rs 252.38 crore for the quarter under review as compared to Rs 219.91 crore for the same quarter in the previous year. Total income of the company increased by 12.96% at Rs 1951.25 crore for Q2FY23 as compared Rs 1727.38 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 20.94% in its net profit at Rs 267.31 crore for the quarter under review as compared to Rs 221.03 crore for the same quarter in the previous year. Total income of the company increased by 13.12% at Rs 1957.28 crore for Q2FY23 as compared Rs 1730.23 crore for the corresponding quarter previous year.
