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Cummins India jumps on launching CPCBIV+ emission standard compliant genset engines Cummins India is currently trading at Rs. 1911.40, up by 35.65 points or 1.90% from its previous closing of Rs. 1875.75 on the BSE. The scrip opened at Rs. 1889.95 and has touched a high and low of Rs. 1919.95 and Rs. 1870.00 respectively. So far 35352 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1953.95 on 03-Jul-2023 and a 52 week low of Rs. 1065.00 on 06-Jul-2022. Last one week high and low of the scrip st...
Cummins India jumps on launching CPCBIV+ emission standard compliant genset engines
Cummins India jumps on launching CPCBIV+ emission standard compliant genset engines
Source: Accord Fintech
6/07/2023 3:12:02 PM
Cummins India jumps on getting various CPCB IV+ compliance certifications from ARAI Cummins India is currently trading at Rs. 1830.45, up by 40.15 points or 2.24% from its previous closing of Rs. 1790.30 on the BSE. The scrip opened at Rs. 1799.85 and has touched a high and low of Rs. 1832.55 and Rs. 1785.25 respectively. So far 19302 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1839.75 on 13-Jun-2023 and a 52 week low of Rs. 951.60 on 20-Jun-2022. Last one week high and low of the scrip sto...
Cummins India jumps on getting various CPCB IV+ compliance certifications from ARAI
Cummins India jumps on getting various CPCB IV+ compliance certifications from ARAI
Source: Accord Fintech
13/06/2023 2:40:35 PM
Cummins India reports 61% jump in Q4 profit on robust domestic, international demand  Diesel and natural gas engines maker Cummins India Ltd posted a 61.3% rise in fourth-quarter profit after tax on Wednesday, supported by robust demand in domestic and international markets. The company reported consolidated profit after tax at 3.49 billion rupees ($42.7 million) in the three months ended March 31, compared to 2.16 billion rupees a year earlier. Income from operations jumped over 28% to 18.97 billion rupees. The company's board also declared a final dividend...
Cummins India reports 61% jump in Q4 profit on robust domestic, international demand
Cummins India reports 61% jump in Q4 profit on robust domestic, international demand
Source: Reuters
24/05/2023 5:25:27 PM
Buy Cummins India Ltd Target Rs.1,953 - Yes Securities All?round stellar show; positive outlook Our view * Cummins India Ltd (KKC) reported a record operational quarter, with healthy revenue growth led by Powergen segment (42% up YoY), Spares (up 17% YoY), Industrial segment (up 18% YoY) and Exports (up 23% YoY). EBITDA margin expanded by ~330bps YoY owing to healthy gross margin and operating leverage benefits. Going forward management expects strong traction in domestic markets led by sectors such as e data centers, commercial real estate...
Buy Cummins India Ltd Target Rs.1,953 - Yes Securities
Buy Cummins India Ltd Target Rs.1,953 - Yes Securities
Source: Yes Securities Ltd
7/03/2023 10:41:51 AM
Buy Cummins India Ltd For Target Rs.1,444 - Sushil Finance We have coverage on Cummins India Ltd with a BUY rating on the stock. Since our report, the stock has posted a high of Rs.1431 today.   With the recent run-up in the share price (21% return), we are now changing our rating on the stock to Neutral and recommend our investors to start booking profits.     To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.sushilfinance.com/Disclamier/disclaimer Member : BSE...
Buy Cummins India Ltd For Target Rs.1,444 - Sushil Finance
Buy Cummins India Ltd For Target Rs.1,444 - Sushil Finance
Source: Sushil Finance Ltd
3/03/2023 11:33:50 AM
Weekly Tech Picks: Cummins India Ltd, Hindustan Aeronautics Ltd, Oil India Ltd, Suprajit Engineering Ltd By Axis Securities Cummins India Ltd • CUMMINSIND on the weekly chart has decisively broken out above the “Consolidation zone ” between 1550- 1350 with strong bullish candle in a last week. • Stock holds above lower band of rising channel and bounce back indicating a positive bias.  • It is heading towards upper band of rising channel. • Stock is forming a higher high-low on the weekly chart. This formation indicates a positive uptrend. • The weekly stren...
Weekly Tech Picks: Cummins India Ltd, Hindustan Aeronautics Ltd, Oil India Ltd, Suprajit Engineering Ltd By Axis Securities
Weekly Tech Picks: Cummins India Ltd, Hindustan Aeronautics Ltd, Oil India Ltd, Suprajit Engineering Ltd By Axis Securities
Source: Axis Securities Ltd
20/02/2023 1:51:58 PM
Cummins India jumps on reporting 66% rise in Q3 consolidated net profit Cummins India is currently trading at Rs. 1578.75, up by 103.40 points or 7.01% from its previous closing of Rs. 1475.35 on the BSE. The scrip opened at Rs. 1540.00 and has touched a high and low of Rs. 1618.00 and Rs. 1535.15 respectively. So far 155466 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1618.00 on 09-Feb-2023 and a 52 week low of Rs. 907.05 on 09-Feb-2022. Last one week high and low of the scrip s...
Cummins India jumps on reporting 66% rise in Q3 consolidated net profit
Cummins India jumps on reporting 66% rise in Q3 consolidated net profit
Source: Accord Fintech
9/02/2023 3:25:51 PM
Hold Cummins India Ltd For Target Rs.1393 - ICICI Securities Good quarter; future growth remains key Cummins India (CIL) has reported a good set of numbers with its highest-ever sales in Q2FY23. Revenue /EBITDA/PAT grew 13%/12%/15% YoY to Rs16.8b/Rs2.9/Rs2.5bn, respectively. This was led by both volume growth and inflation led price hikes. Exports and domestic segments grew 21% and 11% YoY. Higher inventory lead time and supply-chain issues limited revenue growth while demand remained high across industries. EBITDA margin was stable at ~15% (improve...
Hold Cummins India Ltd For Target Rs.1393 - ICICI Securities
Hold Cummins India Ltd For Target Rs.1393 - ICICI Securities
Source: ICICI Securities
15/11/2022 10:22:15 AM
Cummins, Tata Motors team up for hydrogen-powered engines U.S.-listed Cummins Inc said on Monday it has signed an agreement with Indian automaker Tata Motors to develop hydrogen-powered internal combustion engines, fuel cells and battery electric vehicle systems for commercial automobiles in India. Several automakers, including Tata Motors, are aggressively shifting towards greener forms of energy for their vehicles as they try to reduce their dependence on fossil fuels, with India targeting net-zero carbon emissions by 2070. India will be one...
Cummins, Tata Motors team up for hydrogen-powered engines
Cummins, Tata Motors team up for hydrogen-powered engines
Source: Reuters
14/11/2022 7:55:11 PM
Buy Cummins India Ltd For Target Rs.1,500 - JM Financial Institutional Securities Easing inflation, supply chain constraints to drive margins Cummins India (KKC) 2Q23 numbers reported a strong beat on estimates. Net sales increased by 13% YoY (8% above JMFe), led by 11% growth in domestic and 21% growth in exports. EBITDA grew by 12% YoY (20% above JMFe), as strong sales growth and operating leverage benefits led to margins of 14.9% (+220bps QoQ) vs JMFe: 13.4%. With healthy balance sheet (no NWC build up seen) and higher other income (+23%), net profit grew by 15% YoY,...
Buy Cummins India Ltd For Target Rs.1,500 - JM Financial Institutional Securities
Buy Cummins India Ltd For Target Rs.1,500 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
14/11/2022 10:00:59 AM
Cummins India inches up on reporting 21% rise in Q2 consolidated net profit Cummins India is currently trading at Rs. 1331.70, up by 0.55 points or 0.04% from its previous closing of Rs. 1331.15 on the BSE. The scrip opened at Rs. 1349.00 and has touched a high and low of Rs. 1372.55 and Rs. 1307.50 respectively. So far 32837 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1373.00 on 01-Nov-2022 and a 52 week low of Rs. 842.65 on 29-Nov-2021. Last one week high and low of the scrip stoo...
Cummins India inches up on reporting 21% rise in Q2 consolidated net profit
Cummins India inches up on reporting 21% rise in Q2 consolidated net profit
Source: Accord Fintech
7/11/2022 3:12:39 PM
Cummins India Limited reported a record revenue for the quarter Cummins India Limited (NSE: CUMMINSIND and BSE: 500480) The Board of Directors of Cummins India Limited (‘CIL’), at their meeting held today, reviewed and approved the unaudited financial results (consolidated and standalone) for the quarter and period ended September 30, 2022. Performance Highlights (based on standalone financial results) for the quarter and period ended September 30, 2022: Total Sales for the quarter at ? 1,922 Cr. increased by 14% compared to the ...
Cummins India Limited reported a record revenue for the quarter
Cummins India Limited reported a record revenue for the quarter
Source: PR Agency
5/11/2022 2:48:32 PM
Buy Cummins India Ltd For Target Rs.1,444 - Sushil Finance Government’s capital expenditure plans to drive demand recovery In pursuit of making India a $5 Trillion economy, the government of India, during its Union Budget of 2021 announced various capital expenditure initiatives in an attempt to revive the economy. Sectors like construction, railways, roadways, shipping and ports, etc. were allotted hefty budgets. Cummins caters to the power generation needs of all these sectors and it is expected that demand to recover as execution picks up...
Buy Cummins India Ltd For Target Rs.1,444 - Sushil Finance
Buy Cummins India Ltd For Target Rs.1,444 - Sushil Finance
Source: Sushil Finance Ltd
27/09/2022 4:57:52 PM
Buy Cummins India Ltd Target Rs.1,374 - Yes Securities Decent quarter; margins to recover gradually Our view Cummins India Ltd (KKC) reported a strong set of numbers, with healthy revenue growth led by Powergen segment (41% up YoY), Spares (up 39% YoY), Industrial segment (up 25% YoY) and Exports (up 57% YoY). EBITDA Margins contracted ~12bps sequentially owing to a lag in pass?through of commodity inflation. Going forward management expects strong traction in domestic markets led by sectors such as data centres, electrification, green ener...
Buy Cummins India Ltd Target Rs.1,374 - Yes Securities
Buy Cummins India Ltd Target Rs.1,374 - Yes Securities
Source: Yes Securities Ltd
13/08/2022 10:13:12 AM
Buy Cummins India Ltd For Target Rs.1400 - JM Financial Institutional Securities A robust demand environment to recuperate margins Cummins India 1Q23 numbers reported a beat on revenue, but inflationary environment and supply chain disruption led to a miss at EBITDA level. Net sales recorded growth of 42% YoY, 8% above JMFe (INR16.9bn, 3-yr CAGR: 8%), led by 36% growth in domestic sales and 58% growth in exports. Sales could have been higher by 10-18%, if supply chain issues did not persist, as demand environment was strong. However, EBITDA growth at 44% YoY, was 6% be...
Buy Cummins India Ltd For Target Rs.1400 - JM Financial Institutional Securities
Buy Cummins India Ltd For Target Rs.1400 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities
12/08/2022 3:08:25 PM
Buy Cummins India Ltd Target Rs.1,195 - Yes Securities Mixed quarter; optimistic outlook Our view Cummins India Ltd (KKC) reported a mixed set of numbers, with healthy revenue growth led by Powergen segment (33% up YoY), Spares (up 9% YoY), Exports (up 66% YoY) while Industrial segment declined 29% YoY. EBITDA Margins contracted sequentially owing to elevated commodity prices (despite taking price hikes, there is still an unrecovered portion) and high freight costs. Going forward management expects strong traction in domestic markets led by...
Buy Cummins India Ltd Target Rs.1,195 - Yes Securities
Buy Cummins India Ltd Target Rs.1,195 - Yes Securities
Source: Yes Securities Ltd
30/05/2022 12:09:08 PM
Buy Cummins India Ltd For Target Rs.1400 - Monarch Networth Cummins India Ltd Stock has given a breakout from cup & handle pattern formation on the weekly chart. It has also taken out recent swing high which indicates further upside. Momentum indicators like RSI and Stochastics are also showing strength on the charts. Recommendation is to Buy in the range of 1000-1100 keeping Stop loss at 850 level and Target at 1250- 1400 levels. Buy : Cummins India Ltd  : CMP: 1100 SL: 850 TARGET :-1400 TIME FR...
Buy Cummins India Ltd For Target Rs.1400 - Monarch Networth
Buy Cummins India Ltd For Target Rs.1400 - Monarch Networth
Source: Monarch Networth Capital Ltd
28/03/2022 10:29:06 AM
Buy Cummins India Ltd For Target Rs.1,080 - Sushil Finance Highlights from the Quarter (Q3FY22): Cummins India reported revenue of Rs. 1,743.66 cr for Q3FY22 vs Rs. 1,431.02 cr during the same quarter last year (increase of 21.8% YoY) and Rs. 1,730.23 cr for the preceding quarter (increase of 0.8% QoQ). All the segments of the company performed well led by data centers. Semiconductor shortage impacted revenues to the tune of 1-0-15% during the quarter. Export revenues were stable, driven by Africa and Middle East. The company reported EBITDA of Rs...
Buy Cummins India Ltd For Target Rs.1,080 - Sushil Finance
Buy Cummins India Ltd For Target Rs.1,080 - Sushil Finance
Source: Sushil Finance Ltd
19/02/2022 9:12:00 AM
Buy Cummins India Ltd For Target Rs. 990 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Buy Cummins India Ltd For Target Rs. 990 - Religare Broking
Buy Cummins India Ltd For Target Rs. 990 - Religare Broking
Source: Religare Broking Ltd
17/02/2022 10:06:51 AM
Buy Cummins India Ltd For Target Rs.1,150 - Edelweiss Financial Services Lumpy shipments amid structural debate Boosted by large data centre-based deliveries and across-the-board demand revival, KKC beat top-line consensus forecast by a wide 30% with better OPMs. Powergen in domestic and exports is an outlier In spite of no guidance (citing uncertainty), management’s commentary seems to be getting better sequentially, evident in strong reported growth. KKC’s H1 has already exceeded the past 2Y average number on both top line and margins, implying...
Buy Cummins India Ltd For Target Rs.1,150 - Edelweiss Financial Services
Buy Cummins India Ltd For Target Rs.1,150 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
6/12/2021 10:56:21 AM
Buy Cummins India Ltd For Target Rs.1,080 - Sushil Finance Cummins India Ltd. has reported results for the quarter ended Sept’21. Following are the highlights of the company’s performance during the quarter. Highlights from the Quarter (Q2FY22): Total Sales for the quarter at Rs 1,689 Cr. increased by 48% compared to the same quarter last year and 45% compared to the preceding quarter. Domestic sales at Rs 1,250 Cr. improved by 68% compared to the same quarter last year and by 46% as compared to the preceding quarter. Exports Sales ...
Buy Cummins India Ltd For Target Rs.1,080 - Sushil Finance
Buy Cummins India Ltd For Target Rs.1,080 - Sushil Finance
Source: Sushil Finance Ltd
29/10/2021 4:18:42 PM
Sell Cummins India Ltd For Target Rs.695 - Motilal Oswal Draft Electricity Bill sentimentally negative * Draft Bill aimed at lowering pollution via other generation sources: In light of rising pollution levels, particularly in metros and large cities, the Draft Bill states that the electricity distributor shall ensure uninterrupted (24*7) power supply to all consumers so there is no requirement of running dieselgenerating (DG) sets. The State Commission may consider a separate reliability charge for the distribution company, if it requires funds...
Sell Cummins India Ltd For Target Rs.695 - Motilal Oswal
Sell Cummins India Ltd For Target Rs.695 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
16/10/2021 12:19:11 PM
Sell Cummins India Ltd For Target Rs.695 - Motilal Oswal Strong operating performance aided by exports Expect cost elements to return from 3Q * Cummins India (KKC)’s 1QFY21 revenue came in at INR11.8b (2-yr CAGR: - 6%) and was 12% ahead of our expectation. Adj. PAT came in at INR1.3b and was 8% ahead of our expectations. * The demand outlook is strong, driven by a) the unlocking of the domestic economy and likely pent-up demand playing out for a few months, b) road construction likely to favor the Industrial segment, and c) the expor...
Sell Cummins India Ltd For Target Rs.695 - Motilal Oswal
Sell Cummins India Ltd For Target Rs.695 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
5/10/2021 10:37:40 AM
Buy Cummins India Ltd Target Rs. 1020 - Religare Broking Derivative Ideas  CUMMINSIND FUTS added around 15% in open interest as LONG buildup was seen in it. Current chart pattern also indicates further up move in its price. We suggest buying in CUMMINSIND as per below levels. Strategy:- BUY CUMMINSIND BETWEEN 970-974 SL 945 TARGET 1020.   To Read Complete Report & Disclaimer Click Here   lease refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330  ...
Buy Cummins India Ltd Target Rs. 1020 - Religare Broking
Buy Cummins India Ltd Target Rs. 1020 - Religare Broking
Source: Religare Broking Ltd
17/08/2021 10:27:35 AM
Buy Cummins India Ltd For Target Rs.1,080 - Sushil Finance Cummins India Ltd. has reported results for the quarter ended June’21. Following are the highlights of the company’s performance during the quarter. Highlights from the Quarter (Q1FY22): For Q1FY22, Cummins India reported net sales of Rs. 1,195 cr, up 137.6% on a YoY basis, due to the low base last year, and marginally down by 4.9% on a sequential basis. The company reported EBITDA of Rs. 148 cr at an EBITDA margin of 12.4%, down 111 Bps on a QoQ basis. The company has sold lan...
Buy Cummins India Ltd For Target Rs.1,080 - Sushil Finance
Buy Cummins India Ltd For Target Rs.1,080 - Sushil Finance
Source: Sushil Finance Ltd
14/08/2021 9:21:13 AM
Cummins India Limited unveils ‘Made in India’ 2500kva Commercial Diesel Generator QSK60 - G23 – an Integrated Power Solution at its 60th Annual General Meeting Pune, India – Cummins India Limited unveiled its ‘Made in India’ - QSK60 G23: 2500-2750 kVA Diesel Generator (DG) set at its 60th Annual General Meeting held on August 12, 2021.The Diesel Generator set which is an Integrated Power Solution has been launched to meet the increasing power requirements by industry segments like Data Centers and large scale infrastructure projects like Airports and Commercial Realty in India. The QSK60 - G23 genset provides best-in-class power...
Cummins India Limited unveils ‘Made in India’ 2500kva Commercial Diesel Generator QSK60 - G23 – an Integrated Power Solution at its 60th Annual General Meeting
Cummins India Limited unveils ‘Made in India’ 2500kva Commercial Diesel Generator QSK60 - G23 – an Integrated Power Solution at its 60th Annual General Meeting
Source: PR Agency
13/08/2021 2:32:46 PM
Add Cummins India Ltd For Target Rs. 822 - ICICI Securities Growth momentum loses steam Cummins India’s (Cummins) revenue dropped 12% sequentially to Rs12.5bn, impacted by weak exports, domestic powergen segment. In addition to the advent of the second covid wave, issues in terms of supply-side logistics, weakness in certain export geographies impacted the overall momentum. Growth in next 2-3 months will be muted impacted by the second wave, and delay in terms of supply of components and raw materials etc. Domestic industrial and infrastructu...
Add Cummins India Ltd For Target Rs. 822 - ICICI Securities
Add Cummins India Ltd For Target Rs. 822 - ICICI Securities
Source: ICICI Securities
1/07/2021 11:07:06 AM
Sell Cummins India Ltd For Target Rs.535 - Motilal Oswal Beat on earnings aided by higher other income Slower pace of recovery; cost measures likely to continue * Cummins India (KKC)’s 4QFY21 revenue growth was weak, in line with expectations. It increased 18% YoY on a weak base (4QFY20: -22%). Domestic revenue was up ~26% YoY, while exports remained sluggish (flat YoY). However, persistent cost-cutting measures (employee cost down 5% YoY and other expenses down 30% YoY) resulted in EBITDA margins of 13.4%. Adj. PAT stood 53% higher YoY...
Sell Cummins India Ltd For Target Rs.535 - Motilal Oswal
Sell Cummins India Ltd For Target Rs.535 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
21/06/2021 12:07:17 PM
Buy Cummins India Ltd For Target Rs.1,080 - Sushil Finance Government’s capital expenditure plans to drive demand recovery In pursuit of making India a $5 Trillion economy, the government of India, during its Union Budget of 2021 announced various capital expenditure initiatives in an attempt to revive the economy. Sectors like construction, railways, roadways, shipping and ports, etc. were allotted hefty budgets. Cummins caters to the power generation needs of all these sectors and we expect demand to recover as execution picks up in the po...
Buy Cummins India Ltd For Target Rs.1,080 - Sushil Finance
Buy Cummins India Ltd For Target Rs.1,080 - Sushil Finance
Source: Sushil Finance Ltd
8/06/2021 9:39:25 AM
Add Cummins India Ltd For Target Rs.898 - Yes Securities Result Highlights * Revenue grew by 18% yoy to Rs12.6bn, lower than our estimates of Rs.13.2bn. The domestic industrial revenue stood at Rs2.7 bn, Powergen at Rs2.6 bn and Distribution at Rs.3.4 bn. The construction segment under industrials had revenue of Rs1.5 bn while compressor and rail together formed Rs900 mn of sales. The Capacity utilization which stood at 70% in Q4 FY21 dropped to 50% in April and May due to Covid related restrictions. The demand revival is expected as the COVID i...
Add Cummins India Ltd For Target Rs.898 - Yes Securities
Add Cummins India Ltd For Target Rs.898 - Yes Securities
Source: Yes Securities Ltd
28/05/2021 9:56:03 AM
Buy Cummins India Ltd Target Rs. 955 - Religare Broking Derivative Ideas CUMMINSIND FUTS added around 14% in open interest addition as long buildup was seen in it till closing time. Current chart pattern also indicates further up move in its price. We suggest buying CUMMINSIND as per below levels. Strategy:- BUY CUMMINSIND BETWEEN 910-912 STOP LOSS 890 TARGET 955.   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number ...
Buy Cummins India Ltd Target Rs. 955 - Religare Broking
Buy Cummins India Ltd Target Rs. 955 - Religare Broking
Source: Religare Broking Ltd
1/04/2021 10:06:52 AM
Buy Cummins India Ltd. For Target Rs. 810 - HDFC Securities Recovery in sight Cummins India’s (CIL) 3QFY21 strong financial performance is underpinned by positive commentary on calibrated demand normalisation, likely stabilisation of exports market, barring COVID-19 waves, pick-up on power gen viz. data centres, etc., being open to various long term corporate action pertaining to CITL + CIL, and new technology like Hydrogen being routed via the listed entity. We believe this will support long-term valuation rerating. Management...
Buy Cummins India Ltd. For Target Rs. 810 - HDFC Securities
Buy Cummins India Ltd. For Target Rs. 810 - HDFC Securities
Source: HDFC Securities Ltd
6/03/2021 11:51:09 AM
Buy Cummins India Ltd For Target Rs. 783 - ICICI Securities Healthy margins, hope of restructuring emerge Cummins India (Cummins) has reported better-than-expected margins, healthy growth under powergen supported revenue beat. Management didn’t deny any move towards restructuring of unlisted and listed entities. We believe this is a very positive development which will open up lot more synergies. Growth traction can continue with likely recovery from hospitality and realty segments. Though nearterm execution may be volatile, we believe, focus...
Buy Cummins India Ltd For Target Rs. 783 - ICICI Securities
Buy Cummins India Ltd For Target Rs. 783 - ICICI Securities
Source: ICICI Securities
18/02/2021 11:09:02 AM
Buy Cummins India Ltd For Target Rs. 774 - Religare Broking Derivative Ideas CUMMINSIND FUT added around 10% in open interest addition as LONG buildup was seen in it in till closing time. Current chart pattern also indicates further up move in its price. We suggest buying CUMMINSIND as per below levels. Strategy:- BUY CUMMINSIND AT 758 SLOSS AT 750 TARGET 774.   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ00...
Buy Cummins India Ltd For Target Rs. 774 - Religare Broking
Buy Cummins India Ltd For Target Rs. 774 - Religare Broking
Source: Religare Broking Ltd
16/02/2021 10:09:10 AM
Buy Cummins India Ltd For Target Rs. 810 - HDFC Securities Recovery in sight Cummins India’s (CIL) 3QFY21 strong financial performance is underpinned by positive commentary on (1) calibrated demand normalisation, (2) likely stabilisation of exports market, barring COVID-19 waves, (3) pick-up on power gen viz. data centres, etc., (4) being open to various long term corporate action pertaining to CITL + CIL, and (5) new technology like Hydrogen being routed via the listed entity. We believe this will support long-term valuation rerating. Manag...
Buy Cummins India Ltd For Target Rs. 810 - HDFC Securities
Buy Cummins India Ltd For Target Rs. 810 - HDFC Securities
Source: HDFC Securities Ltd
13/02/2021 12:40:19 PM
Cummins India Ltd : Improving earnings visibility; Upgrade to `ADD` - Yes Securities Add Cummins India Ltd For Target Rs.720 Improving earnings visibility; Upgrade to ‘ADD’ Cummins India (KKC) reported healthy Q3FY21 performance (26% qoq EBITDA growth) led by demand recovery in power generation (PG) business & strong margins due to favorable sales mix, cost control initiatives & lower employee cost. We believe, Government’s thrust on the Road, Rail and Metro projects (National Infra pipeline of ~Rs100trn+) along with new investments into data...
Cummins India Ltd : Improving earnings visibility; Upgrade to `ADD` - Yes Securities
Cummins India Ltd : Improving earnings visibility; Upgrade to `ADD` - Yes Securities
Source: Yes Securities Ltd
5/02/2021 10:12:50 AM
Cummins India Dividend announcement By Yash Gupta, Angel Broking Below are Views On Cummins India Dividend announcement By Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd    Cummins India announced a dividend of ₹7. Cummins India after reporting better than expected performance in Q3FY21, the company announced an interim dividend of ₹7 per equity shares (Face Value Rs. 2/- each). The Dividend warrants for the said interim dividend will be dispatched by February 22, 2021 and the dividend will be paid on...
Cummins India Dividend announcement By Yash Gupta, Angel Broking
Cummins India Dividend announcement By Yash Gupta, Angel Broking
Source: Angel Broking Ltd
30/01/2021 3:48:28 PM
Cummins India reported a mixed set of numbers in Q3FY21 By Yash Gupta, Angel Broking Below are Views On Cummins India reported a mixed set of numbers in Q3FY21 By Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd Cummins India reported a mixed set of numbers in Q3FY21. Cummins India Ltd total revenue from operations for Q3FY21 stood at ₹1,406 crores down by 2% YoY from ₹1431 crores in Q3FY20. Company reported Engines sales at 982 Cr in Q3FY21 which is down by 9.3% while Lubes sales at 424.3 Cr inQ3FY21 which is up by 21.7%. Profit before tax for the quarter rose ...
Cummins India reported a mixed set of numbers in Q3FY21 By Yash Gupta, Angel Broking
Cummins India reported a mixed set of numbers in Q3FY21 By Yash Gupta, Angel Broking
Source: Angel Broking Ltd
29/01/2021 3:35:13 PM