Cummins India, trading at ₹4183.20, has surpassed its 52-week high of ₹4168.70, indicating a strong bullish trend. Here are some key points.
- 52-Week High: ₹4168.70
- Current Price: ₹4183.20, ₹14.50 above the 52-week high
- Market Capitalization: ₹110,904.95 crore
- Recent Performance: The stock has shown a robust uptrend, recently scaling fresh 52-week highs
- Target Price: Analysts have set a median target price of ₹4400 for the stock in the next 12 months, with some predictions ranging from ₹308 to ₹4500
- Brokerage Recommendations: Kotak Securities has an "Add" rating on the stock with a target price of ₹4400, citing potential for sustained growth and margin expansion
The stock's recent performance and analyst recommendations suggest potential for further upside. However, investors should consider market trends, financials and other factors before making investment decisions.
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