Cummins India shares experienced a 7.5% decrease in today's trading session, resulting in a 280-point drop.

Daily Morning News

Aug 2,2024

Established in 1962, Cummins India Limited is the largest entity of Cummins in India and is the country's leading manufacturer of diesel and natural gas engines.

Tata Cummins Private Limited, formed in 1993, is a 50:50 joint venture between Tata Motors Limited and Cummins Inc., USA.

The group operates 22 state-of-the-art manufacturing plants, assembly, and distribution facilities, and employs over 10,000 individuals in India. They offer a wide range of products including designing, manufacturing, distributing, and servicing diesel and natural gas engines, as well as powertrain-related components.

Clessie Cummins was the founder of Cummins Inc. and Cummins Engine Co.

Quess Corp is undergoing a demerger and is currently trading at 298.20, having hit the upper circuit limit.

Indian stock market closed for Mahavir Jayanti holiday, and experts predict a possible gain for Nifty to 23,500 tomorrow.

Government May Privatize 11 Airports by 2025-26: Report

Nuvama sees a 96% upside potential in PVR INOX and recommends buying the stock with a target price of Rs 1,610, according to JM Financial.

Bitcoin is down by 26 % this month, while Ethereum's price has decreased by 34%.