Cummins India shares rally 5% on strong Q3 print, Rs 18 interim dividend

Cummins India's shares surged 5.4% to Rs 3,075.95 after reporting a 12% YoY rise in Q3 net profit to Rs 558 crore and declaring an interim dividend of Rs 18 per share. Driven by strong demand for power generators, revenue grew 22% YoY to Rs 3,052 crore. Analysts' average target price is Rs 3,591, with mixed recommendations.