Shares of Cummins India Ltd surged 3.9% to Rs 4,483.50 on Friday, Nov 7, after the company signaled double-digit revenue growth in Q3 FY26, during its post-earnings conference call.
The engine and power solutions manufacturer had earlier reported a 41.3% year-on-year rise in net profit to Rs 637 crore for the quarter ended September 2025, beating estimates. Revenue grew 27.2% YoY to Rs 3,170 crore, surpassing the CNBC-TV18 poll estimate of Rs 2,811 crore.
EBITDA rose 44.5% YoY to Rs 695 crore, while the EBITDA margin improved to 21.9%, up from 19.3% a year ago and higher than analyst projections of 20.1%.
At 10:27 AM, Cummins India shares were trading at Rs 4,483.50, up Rs 167.40 or 3.88% from the previous close of Rs 4,316.10. The stock hit an intraday high of Rs 4,473.50 and has a market capitalization of Rs 1.24 lakh crore.
The management’s optimistic outlook for continued growth in the upcoming quarter further boosted investor sentiment, making Cummins one of the top gainers on NSE today.
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