Technical Check: Cummins India rallies over 100% in a year; could surpass 1000 in 2-3 months
Cummins India, a leading manufacturer of diesel and natural gas engines, has been on buyers’ radar as the stock rallied more than 100 percent in the last year compared to about 50 percent rise seen in the Nifty50.
Cummins India with a market capitalisation of nearly Rs 25000 cr hit a fresh 52-week high of Rs 1,065 in September. Source: Wikimedia