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Tuesday, Feb 28, 2006


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Cummins: Bright on power cut talk

Maharashtra's grim power situation this summer augurs well for Cummins India, a section of the market players seems to think. Quiet accumulation has been going on in the counter in recent weeks on the hope that the industrial generator set manufacturing company would log unusual sales growth this summer.

The BSE traded quantity was more than 3.59 lakh shares on Monday as it closed in the green.

At close, it was at Rs 223.10 after creating a day's high at Rs 227.30. On February 26, it created a 52-week at Rs 234.80.The stock has gained over 25 per cent in the last one month.

Jayanta Mallick

More Stories on : Stock Markets | Ear to the ground | Electrical Goods

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