As per a court-approved ruling, the company will recover these dues from its consumers over the next four years.
At around 1.04 PM, Cummins India was trading 5.18% higher at ₹3,864.40 per piece, against the previous close of ₹3,674 on NSE.
EBITDA nearly doubled to ₹111.8 crore during the quarter. This is compared to ₹56.3 crore a year ago.
Biosimilars revenue grew 18% YoY to ₹2,458 crore in the quarter. This growth was driven by sustained global demand
Markets enter a truncated week that will be defined more by India’s response to the punitive tariffs
Here are some of the stocks that may see significant price movement today: Tata Motors, Voltas, DOMS Industries, etc.
Top gainers in Sensex include Titan Company, NTPC, Bajaj Finserv, Trent.
The company’s operating performance saw a notable improvement. EBITDA jumped 30.2% to ₹56 crore. This is compared to ₹43 crore in Q1FY25.
The company said its revenue growth was supported by an 8% increase in underlying volumes.
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