Cummins India . Stock Price Declines by -3.54% on October 21, 2024

Cummins India ., a leading manufacturer of diesel engines, has seen a decline in its stock price by -3.54% on October 21, 2024. This underperformance is reflected in the stock call given by MarketsMOJO, which has rated it as 'Hold'. The stock touched an intraday low of Rs 3596, showing a decrease of -3.07%. While the company's stock is currently trading higher than its 200 day moving average, it is lower than its 5 day, 20 day, 50 day, and 100 day moving averages. In the diesel engine sector, Cummins India . has fallen by -2.07%. This decline in the sector has also affected the company's stock performance. In comparison to the Sensex, Cummins India .'s 1 day performance is -3.54%, while the Sensex's performance is -0.01%. Similarly, in the past month, the company's stock has seen a decline of -6.07%, while the Sensex has seen a decline of -3.93%. Despite the recent decline in stock price, Cummins India . remains a largecap company in the industry. As a leading manufacturer of diesel engines, the company continues to play a significant role in the sector. Investors and stakeholders can continue to monitor the company's performance in the coming days.