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HomeNewsBusinessMoneycontrol ResearchCummins India: Margin of safety shrinks, returns could moderate

Cummins India: Margin of safety shrinks, returns could moderate

The recent run up in share prices led by optimism driven post the budget captures large part of improvemnt in fundamentals

February 02, 2021 / 13:12 IST
Cummins India | MFs reduced stake in the company to 17.12 percent in December quarter, from 18.63 percent in September quarter. Aditya Birla Sun Life Trustee and L&T Mutual Fund Trustee names did not appear in December quarter's shareholding pattern. LIC lowered its stake in the company to 6.12 percent from 6.74 percent in same periods.
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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More