Cummins India Ltd News

Cummins India Q2 results: PAT up at Rs 449 cr on strong demand for engines

The diesel and natural gas engine maker's consolidated profit after tax came in at Rs 449 crore ($53.3 million) for the three months ended Sept. 30, up from Rs 329 crore a year earlier

F&O Insights: FIIs up long bets in Nifty; 7 stocks in F&O ban today

Derivatives market update for Sept 16: Bank Nifty Sept futures traded at a discount to spot for the 2nd straight day on Friday. Among stocks, Muthoot Fin, Can Fin Homes, Bharat Forge saw long buildup.

Cummins India shares soar 7% post robust Q1FY25 net profit growth

On Tuesday, Cummins India reported a 33 per cent year-on-year (YoY) increase in its standalone net profit for the first quarter of FY25, reaching Rs 419.8 crore

Cummins India Q1 results: PAT up 31% at Rs 463 cr on high generator demand

Higher sales in its engines segment, which includes power generator sets, boosted overall sales by 5 per cent to Rs 2,916 cr

Auto index skids 2% on tepid July sales; Maruti, TaMo, Eicher slip up to 5%

Auto stocks update: The overall wholesale volume performance was subdued in July 2024 with some segments like PV, CV and select two-wheeler players' volume reporting weak sales volume.

Cummins India inaugurates its first IT global competency centre in Pune

Power solutions technology provider Cummins India on Tuesday launched its first IT Global Competency Centre (GCC) here to drive innovation across global operations through specialised talent and technical capabilities. Set up at the company's India office campus in Pune's Balewadi area, the facility will house software engineers, product owners, architects, technology leads and process experts to drive innovation impacting the automobile, engineering research and development (ER&D), manufacturing and energy sectors, Cummins India said. The facility aims to harness emerging digital technologies like artificial intelligence, machine learning and Robotic Process Automation (RPA), the company said. With 55 per cent of women employees, GCC is leading the charge in gender diversity, and strengthening it across all tech roles will be a key focus area, it added. This GCC aligns with the company's aspirations for business growth and India's continued progress, Annapurna Vishwanathan, Chief

101 BSE stocks now in Rs 1 trillion market cap club; RVNL, MDL new entrants

RVNL, MDL, Samvardhana Motherson International, Cummins and Indus Towers, have joined the elite club in CY24; These stocks have surged up to 174% thus far this year.