FY26, Kotak Institutional Equites believes, will likely see more broadbased growth across sectors. It has highlighted 6 stocks as high conviction ideas for an investor's portfolio
Cummins India's profit after tax rose 11.9 per cent Y-o-Y to Rs 558.5 crore in Q3FY25, compared to Rs 498.9 crore in Q3FY24. Revenue grew 21.8 per cent to Rs 3,096.2 crore in Q3FY25
The company, a unit of US-based truck engine maker Cummins, said its profit climbed to Rs 558 crore (about $64 million) in the three months to Dec. 31 from Rs 499 crore a year earlier
Cummins manufactures heavy diesel engines for prominent Indian medium and heavy commercial vehicle makers, including Tata Motors
he decline in the company's share price followed news that the company had received an order imposing a fine/penalty by the Office of the Commissioner of Customs - Nhava Sheva, Maharashtra
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