Cummins India Ltd. shares decline 3.81% as Sensex climbs

A total of 67,122 shares changed hands on the counter till 02:15PM (IST)

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Sensex and Nifty shed more than 9 per cent last week, and the indices entered bear market territory, and the bottom is not yet in sight.
Shares of the Cummins India Ltd. traded at Rs 413.25 on BSE at 02:15PM (IST) on Wednesday, down 3.81 per cent from previous close.

The stock quoted a 52-week low price of Rs 281.6 and a high of Rs 766.2.

Earlier, shares of the company saw a gap down opening in the morning.


A total of 67,122 lakh shares changed hands on the counter till 02:15PM (IST).

The stock of Cummins India Ltd. commands a market value of Rs 11485.78 crore.

The stock traded at a price-to-earning (P/E) multiple of 16.28, while the price-to-book value ratio stood at 2.61. Return on equity (ROE) was at 16.02 per cent, according to exchange data.
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In the BSE500 pack, 293 stocks traded in the green, while 207 stocks were in the red.

Promotor Holding
Promoters held 0.0 per cent in the Cummins India Ltd. as of 31-Mar-2020 while foreign portfolio investors and domestic institutional investors owned 7.46 per cent and 20.74 per cent, respectively.
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