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Cummins India: Margin of safety shrinks, returns could moderate

Jitendra Kumar Gupta   •

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

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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Disclosure & Disclaimer

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