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Mixed Cummins India Results Top Stock Watch for August 6

Mixed Cummins India Results Top Stock Watch for August 6
Stocks to Watch for August 6: Cummins India, Biocon, PB Fintech and more · CNBC TV 18

A big company called Cummins India makes engines and machines.

It told everyone how much money it made in the last three months.

The company earned more money from selling its products than people expected.

That is good news because it means customers are buying a lot.

But the company kept less of that money as profit than people hoped.

Its profit actually went down compared to last year.

This happened because it cost more to run the business.

The people who watch stocks were surprised by this mixed result.

People who buy and sell stocks will pay attention to this company on August 6.

Key facts

Company
Cummins India
Reporting Period
June quarter
Standalone Revenue
₹3,426 crore, up 17.9% year-on-year
Revenue Estimate
₹3,286 crore (CNBC-TV18)
Net Profit
₹543 crore, down 7.9% year-on-year
Profit Estimate
₹652 crore (Street)
Context
Stock to watch on August 6 along with Biocon and PB Fintech

Sources

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