Cummins

Cummins India Q2 results: PAT up at Rs 449 cr on strong demand for engines

The diesel and natural gas engine maker's consolidated profit after tax came in at Rs 449 crore ($53.3 million) for the three months ended Sept. 30, up from Rs 329 crore a year earlier

Strong outlook, robust domestic demand to support Cummins India stock

Riding on a 36 per cent growth y-o-y in the domestic market, the company posted an overall revenue growth of 16 per cent

Derivative Strategy on Cummins for March expiry as stock nears fresh high

Primary trend of the stock has been bullish with higher tops and higher bottoms on the weekly chart

Muted exports, gradual domestic powergen recovery may hit Cummins sales

Going ahead, the company has guided for a double-digit sales growth

Auto index hits speed bump, loses 1.8% after Nitin Gadkari's flip-flop

Tata Motors, Mahindra & Mahindra and Ashok Leyland fell 2.19 per cent, 1.55 per cent and 2.68 per cent, respectively

REC, Ashok Leyland: 7 out of 8 stocks, picked by MSCI, may rally up to 25%

Barring Cummins India, which did perform in the current year but the present structure shows sluggishness; all other stocks included in MSCI index are poised for the next bull-run.

Shift to new norms may hamper growth, margins for Cummins India in FY24

Supply chain challenges and export demand are other concerns for the maker of engines and power equipment

Midcap index nears record high; Varun Beverages, Cummins climb new peaks

The midcap index hit an intra-day high of 26,705.56, was less than 2% away from its record high level of 27,246.34, touched on October 19, 2021.

Cummins, Tata to manufacture low-to-zero emissions tech products in India

Global power technology major Cummins Inc on Wednesday said it has signed a definitive agreement with Tata Motors Ltd to manufacture a range of low-to zero-emissions technology products in India over the next few years. As a part of the agreement, Cummins and Tata Motors Ltd (TML) have set up a new business entity called TCPL Green Energy Solutions Private Ltd (GES), a wholly-owned subsidiary under the existing joint venture, the company said in a statement. The new entity will focus on the development and manufacturing of sustainable technology products that will include hydrogen-powered internal combustion engines, fuel delivery systems, and battery electric powertrains and fuel cell electric systems through the Accelera by Cummins brand, it added. The low-to-zero emissions technologies developed by TCPL GES will be integrated into both on-highway and off-highway applications for domestic and international markets. Tata Motors and Cummins have a 30-year-old partnership through th

Strong demand outlook likely to power Cummins India's growth

While valuation is not cheap, positive brokerage views to support stock

Cummins India to start production of fuel-agnostic engines this year

Firm says it will start with LNG-hydrogen platform; India to be a sourcing hub

Cummins, Tecnimont to provide tech support to GAIL for MP gas company

Global power solutions provider Cummins in collaboration with Tecnimont will help GAIL in setting up a proton exchange membrane electrolyzer for the public sector natural gas company at Vijaipur in Madhya Pradesh, a release said on Wednesday. The facility, said to be one of India largest, is expected to produce 4.3 tonnes of green hydrogen per day, which will be equivalent to around 10 MW of electrical power generation, it said. Tecnimont Private Limited (TCMPL), an engineering, procurement and construction firm, is the Indian subsidiary of Maire Tecnimont Group. Cummins said it will leverage its proprietary PEM electrolysis technology for the GAIL project. "The GAIL green hydrogen production project based on our PEM electrolyzer technology is a first of its kind and will pave the way for many such projects in the future," said Ashwath Ram, Managing Director at Cummins India. Cummins said it has supplied and commissioned more than 600 electrolyzers worldwide with PEM and alkaline

Cummins Inc, Tata Motors team up to develop hydrogen-powered engines

India will be one of the first markets to receive Cummins' hydrogen engines, the company said

Demand growth stays buoyant for Cummins India; profitability under pressure

Cummins India's stock has gained 27 per cent since its lows in June, helped by a strong first quarter, expectation of improved demand and margin recovery.

Mitchell Starc's first-ball wicket is fodder for a new Ashes memory

Left-arm pace bowler Mitchell Starc took out Rory Burns' leg stump with a swinging yorker on the first delivery of the Ashes series on Wednesday

Derivative strategy on Cummins by Nandish Shah of HDFC Securities

Short-term trend of the stock is positive

Top stock recommendations by Anand Rathi: Buy Asian Paints, Cummins

Trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

Cummins to invest $500 mn for powertrain technology, hire Indian engineers

Cummins has said it globally plans to invest $500 million over the next three years to develop an electrified powertrain product line

Cummins: Concerns over exports, unlisted arm

Revenues declined six per cent due to steep fall in exports; the focus is now on domestic sales