On October 11, 2024, Cummins India shares witnessed a sharp decline, dropping by 5.30% to trade at ₹3,582.25, a fall of ₹200.40 from the previous close of ₹3,782.65. This significant drop has brought the company’s market capitalization down to ₹99,299.97 crore, slipping below the ₹1 lakh crore mark.
During the session, Cummins India’s stock opened at ₹3,700.00 and reached a low of ₹3,577.00, with a total trading volume of 6.31 lakh shares, amounting to a traded value of ₹228.49 crore. The stock’s volatility remains a focal point, with the company’s annualized volatility standing at 39.36%.
Cummins India’s stock had previously reached a 52-week high of ₹4,171.90 and a 52-week low of ₹1,659.05. Despite the dip, the company remains actively traded and continues to be part of the Nifty Midcap 50 Index.
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