CUMMINS INDIA share price has zoomed 5% and is presently trading at Rs 900.
Meanwhile, the BSE CAPITAL GOODS Index is at 21,130 (down 0.1%).
Among the top Gainers in the BSE CAPITAL GOODS Index today is CUMMINS INDIA (up 5.2%).
BHEL (down 0.1%) and THERMAX (down 0.6%) are among the top losers today.
Over the last one year, CUMMINS INDIA has moved up from Rs 448 to Rs 900, registering a gain of Rs 452 (up 100.6%).
On the other hand, the BSE CAPITAL GOODS has moved up from 12,756 to 21,130, registering a gain of 8,374 points (up 65.3%) during the last 12 months.
The top buzzing stocks among the BSE CAPITAL GOODS Index stocks during this same period were GRAPHITE INDIA (up 221.3%), NBCC (INDIA) (up 166.9%) and LAKSHMI MACHINE (up 166.6%).
Watch the Replay: The Smallcap Fortunes Summits
The BSE Sensex is at 50,004 (up 1.0%).
The top gainers among the BSE Sensex stocks today are HUL (up 4.6%), POWER GRID (up 3.8%) and TATA STEEL (up 3.8%). Other gainers include RELIANCE IND. (up 3.5%) and NTPC (up 3.5%). The most traded stocks in the BSE Sensex are ITC and SBI.
In the meantime, NSE Nifty is at 14,788 (up 1.2%). The top gainers in the NSE Nifty include HUL (up 4.9%), NTPC (up 4.6%) and POWER GRID (up 4.0%). Other gainers include DIVIS LABORATORIES (up 3.9%) and JSW STEEL (up 3.9%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 30,579 to 50,004, registering a gain of 19,425 points (up 62.60%).
CUMMINS INDIA net profit stood at Rs 2 billion for the quarter ended December 2020, compared to a profit of Rs 2 billion a year ago. Net Sales declined 2.0% to Rs 14.2 billion during the period as against Rs 14.5 billion in October-December 2019.
For the year ended March 2020, CUMMINS INDIA reported 10.2% decrease in net profit to Rs 5.8 billion compared to net profit of Rs 6.5 billion during FY19.
Revenue of the company grew 8.9% to Rs 52 billion during FY20.
The current Price to earnings ratio of CUMMINS INDIA, based on rolling 12 month earnings, stands at 45.3x.
What else is happening in the markets today? Dig in...
Indian share markets rebounded sharply from day's low today with both the benchmarks Sensex and Nifty trading over 1.2% higher led by strong gains in FMCG.
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