Page 2 - Cummins India

Cummins India Q1FY24 result: Consolidated net profit up 78% to Rs 353 cr

The revenue from operations for Q1FY24 came in at Rs 2,218.25 crore, compared to Rs 1,695.92 crore year-on-year

Cummins India receives CPCB IV+ norm compliance certification from ARAI

The Central Pollution Control Board will be implementing the new CPCB IV norms from July 1 for all power-generating gensets

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

Cummins reports 61% jump in Q4 profit on robust domestic, int'l demand

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

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 surges 10%, hits record high on robust Q3 results

The company reported record quarterly revenue driven by strong domestic and export revenue coupled with prudent cost management resulting in record quarterly profit.

Cummins India standalone PAT rises by 50% to Rs 360 cr in December quarter

Engine manufacturer Cummins India standalone profit after tax rose 50 per cent to Rs 360.14 crore in the December quarter of 2022-23 over the same period last year. Cummins India had recorded a profit of Rs 240.97 crore in the third quarter of financial year 2021-22. Total sales for the quarter were Rs 2,144 crore, growing 26 per cent over the total sales of Rs 1,700.67 in Q3FY22. The company said the domestic sales were up 27 per cent at Rs 1,603 crore compared to the same quarter last year while exports sales stood at Rs 541 crore during the reporting quarter, registering an increase of 23 per cent against the same period of the previous fiscal, it said. For the quarter ended December 31, 2022, the company reported record quarterly revenue driven by strong domestic and export revenue coupled with prudent cost management resulting in record quarterly profit, said Ashwath Ram, Managing Director, Cummins India. We continue to see supply chain challenges, especially for specific ...

Margin scale up key trigger for genset manufacturer Cummins India

Easing commodity prices and exports to drive profitability for company, say analysts

Resistance for Nifty seen at 17,725; Stocks to buy in September F&O series

Coal India, City Union Bank, Cummins, IDFC First Bank and Piramal Enterprises are the five F&O stocks tha can deliver up to 21 per cent returns in the September series.

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.

Here's why Mehul Kothari recommends buying Wipro, Cummins on dips

According to the technical analyst from Anand Rathi, Cummins India can rally to Rs 1,400 on the upside, while Wipro can target Rs 450.

Cummins India surges 25% in one month; nears record high on healthy outlook

Cummins India expects the current trend of sustained growth across multiple industries and segments, demand outlook from various end markets to be positive.

Here's why Mehul Kothari is bullish on Cummins India, Delta Corp

According to the technical analyst from Anand Rathi, Cummins India has confirmed a multiyear breakout above the Rs 1,050-level.

Competitive overhang clouds Cummins India's medium-growth outlook

At the current price, the stock is trading at 30x its FY23 earnings estimates

Structural headwinds may lead to more downsides for Cummins India

Up to 45 per cent of its revenues at risk due to new draft policy

Ajit Mishra is bullish on Amara Raja, Cummins & PFC. Check why

Amara Raja Batteries has been trading with a corrective bias for the last eight months and recently tested the major support zone around Rs 690 levels

Stock picks by Sameet Chavan: Buy Cummins India, SBI Life Insurance

Recently, Cummins India's declining trend seems to have been arrested around the 750-mark, which coincided with the '89-EMA' on the daily chart

Stocks to watch: BPCL, Burger King, Eicher Motors, Sun Pharma, Pfizer

BPCL's board has approved a final dividend of Rs 58 per share, which includes a one-time special dividend of Rs 35 per equity share

Demand in segments that company caters to has come back: Cummins India

Engines and power equipment maker Cummins India has said the demand in most of the segments that the company caters to has come back strongly