Cummins India is currently trading at Rs. 394.45, up by 12.75 points or 3.34% from its previous closing of Rs. 381.70 on the BSE.
The scrip opened at Rs. 379.10 and has touched a high and low of Rs. 415.00 and Rs. 379.10 respectively. So far 100339 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 550.00 on 09-Jan-2013 and a 52 week low of Rs. 365.05 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 393.00 and Rs. 365.05 respectively. The current market cap of the company is Rs. 11061.67 crore.
The promoters holding in the company stood at 51.00% while Institutions and Non-Institutions held 35.69% and 13.31% respectively.
Cummins India’s parent, Cummins Inc, is planning to increase stake in its Indian subsidiary to 75% from 51% via open offer. Further, this move is significantly expected to improve Cummins India’s cash flow. Meanwhile, as of June 13, 2013, while, promoters held 51% stake of the company, Institutional and Non-institutional investors held 35.69% and 13.31% of company's stake respectively.
Cummins Inc, the parent company of CIL, is engaged in design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. The company has customer presence in more than 160 countries through its network of 550 company-owned and independent distributor facilities and more than 5,000 dealer locations.
The scrip opened at Rs. 379.10 and has touched a high and low of Rs. 415.00 and Rs. 379.10 respectively. So far 100339 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 550.00 on 09-Jan-2013 and a 52 week low of Rs. 365.05 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 393.00 and Rs. 365.05 respectively. The current market cap of the company is Rs. 11061.67 crore.
The promoters holding in the company stood at 51.00% while Institutions and Non-Institutions held 35.69% and 13.31% respectively.
Cummins India’s parent, Cummins Inc, is planning to increase stake in its Indian subsidiary to 75% from 51% via open offer. Further, this move is significantly expected to improve Cummins India’s cash flow. Meanwhile, as of June 13, 2013, while, promoters held 51% stake of the company, Institutional and Non-institutional investors held 35.69% and 13.31% of company's stake respectively.
Cummins Inc, the parent company of CIL, is engaged in design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. The company has customer presence in more than 160 countries through its network of 550 company-owned and independent distributor facilities and more than 5,000 dealer locations.
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