Shares of Cummins India were trading on a flat note on Monday even as the global brokerage firm Jefferies upgraded the stock to ‘Buy’ from ‘Underperform’ and hiked the target price to Rs 5,120 from Rs 2,700, a major upside potential from current levels.

Cummins India shares were trading 0.32% lower at Rs 4280 today against the previous close of Rs 4294.05. Cummins India stock is trading higher than the 20 day, 30 day, 50 day, 100 day, 150 day, 200 day but lower than the 5 day and 10 day moving averages. Advertisement

The stock has gained 16% in one year and risen 32.30% since the beginning of this year.

Total 7,215 shares changed hands amounting to turnover of Rs 3.10 crore on BSE.

Market cap of the firm rose to Rs 1.18 lakh crore. The stock hit a 52-week high of Rs 4494.40 on Novembe

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