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Cummins India Ltd Share Price (CUMMINSIND)

₹3060.21.97%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Cummins India Ltd

Key events for Cummins India Ltd

  • Cummins India Among Top Picks for Macquarie Equity Research - 12 Apr, 2024

    Macquarie Equity Research has named Cummins India Ltd. as one of its top picks among domestic industrial companies, citing the country's multi-year capex upcycle.

  • Cummins India Ltd Stock Price in Uncharted Territory - 06 Apr, 2024

    The trend for Cummins India Ltd stock is up and strong, with no sign of reversal yet. As the stock is in uncharted territory, it's difficult to predict resistance and target levels. It's important to protect profits now.

  • Cummins India Ltd Delivers 53% Return in Q4FY24 - 05 Apr, 2024

    Cummins India Limited delivered a return of 53 percent in Q4FY24, with revenue from operations growing by 16.18 percent and profits increasing from Rs. 360 Crores to Rs. 455 Crores.

  • Cummins India Shares Gain 50% YTD - 27 Mar, 2024

    Anand Rathi predicts a 21% CAGR in net profit for Cummins India over FY24-26, with increased revenue from powergen and distribution exports. The company's shares have gained 50% YTD and 85% in the past year.

  • Cummins India's Share Price Rises by 45% in Three Months - 26 Mar, 2024

    Cummins India's management has reaffirmed double-digit growth over the next two fiscal years, driven by domestic infrastructure spending. Q3FY24 net revenue rose 16% YoY to Rs 2,530 crore, led by robust demand across sectors like data centres, real estate, infrastructure, and manufacturing.

  • Cummins India Hits All-Time High; Derivative Strategy Recommends Buying Call Option - 22 Mar, 2024

    Cummins India's stock has broken out from a four-week consolidation and is trading at an all-time high. A derivative strategy recommends buying the March 2900 CALL option with a target of Rs 100. The primary trend of the stock has been bullish on the weekly chart, indicating consistent upward momentum since November 2023.

  • Cummins India Shares Rally on Strong Demand Outlook - 21 Mar, 2024

    Cummins India's shares hit a record high due to its advantage as the first mover with CPCB IV+ products, HSBC upgrading it to Buy from Neutral, and a healthy demand outlook.

  • Cummins India Valuation and ROCE in Focus - 18 Mar, 2024

    Cummins India's Return on Capital Employed (ROCE) has exceeded industry averages at 26%, while Renu Baid Pugalia recommends it as a top pick for capital goods stocks based on valuation.

Analyst Rating for Cummins India Ltd stock

based on 22 analysts

HOLD
39.13%
Buy
34.78%
Hold
26.09%
Sell

Based on 22 analysts offering long term price targets for Cummins India Ltd. An average target of ₹2454.14

Source: S&P Global Market Intelligence

Cummins India Ltd share Performance

  • ₹3016.3
    ₹3099
    ₹3060.2
    downward going graph

    1.43%

    Downside

    Day's Volatility:2.70%

    Upside

    1.27%

    downward going graph
  • ₹1481
    ₹3099
    ₹3060.2
    downward going graph

    51.60%

    Downside

    52 Weeks Volatility:52.87%

    Upside

    1.27%

    downward going graph
1 Month Return14.36 %
3 Month Return49.59 %
1 Year Return97.6 %
Previous Close₹3,000.95
Open₹3,031.00
Volume7.51L
Upper Circuit-
Lower Circuit-
Market Cap₹83,186.33Cr

Cummins India Ltd Company Information

Cummins India Ltd. is an Indian power solutions company that was incorporated in 1962. It is headquartered in Pune, Maharashtra and is a Fortune 500 company based in the United States. Cummins India Ltd. operates in a number of areas, including engines, power generation, filtration, and components. Its engines are used in a variety of applications, such as construction, mining, agricultural, and automotive. Its power generation solutions are used for residential, commercial, and industrial applications. Its filtration solutions are used for air, fuel, and lubrication systems. Its components are used in a variety of applications, such as powertrain, fuel systems, and emission control.

Cummins India Ltd. has a number of popular products, including the Cummins B Series, K Series, and ISB engines. Its popular brands include Cummins, Fleetguard, and Valvoline. Its engines are used in a variety of vehicles, including buses, trucks, and cars. Its power generation solutions are used in a variety of industries, such as healthcare, hospitality, and education. Its filtration solutions are used in a variety of industries, such as automotive, marine, and agriculture.

Share Price: ₹3060.20 per share as on 12 Apr, 2024 04:01 PM
Market Capitalisation: ₹83,186.33Cr as of today
Revenue: ₹2,509.79Cr as on December 2023 (Q4 23)
Net Profit: ₹498.91Cr as on December 2023 (Q4 23)
Listing date: 03 Nov, 1994
Chairperson Name: Jennifer Mary Bush
OrganisationCummins India Ltd
Headquarters
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Fundamentals of Cummins India Ltd

Insights on Cummins India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 16.46% to 16.51% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 17.72% to 18.61% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 329.09 Cr → 498.91 Cr (in ₹), with an average increase of 34.0% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, CUMMINSIND stock has moved up by 49.6%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, CUMMINSIND has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, CUMMINSIND has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 2.04K Cr → 2.69K Cr (in ₹), with an average increase of 24.0% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 51.00% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 10.36% to 8.93% in Dec 2023 quarter

Cummins India Ltd Valuation

Cummins India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (11.28x)

April 7, 2020

Today (55.42x)

April 12, 2024

Industry (83.06x)

April 12, 2024

Highest (55.42x)

April 12, 2024

LowHigh

Cummins India Ltd Mutual Fund Holdings

Funds Holdings
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth4.44%
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option1.84%
Axis Midcap Fund Direct Plan GrowthAxis Midcap Fund Direct Plan Growth3.3%
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth1.81%
SBI Long Term Equity Fund Direct GrowthSBI Long Term Equity Fund Direct Growth3.13%

Cummins India Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
51%
0.00
Foreign Institutions
16.51%
0.28
Mutual Funds
18.61%
4.97
Retail Investors
8.93%
-13.74
Others
4.95%
11.11

Technicals of Cummins India Ltd share

News & Events of Cummins India Ltd

Frequently Asked Questions

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  • Link your Demat account to your Trading account.
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  • Place an order to buy Cummins India Ltd shares.

Cummins India Ltd (CUMMINSIND) share price today is ₹3060.2

Cummins India Ltd is listed on NSE

Cummins India Ltd is listed on BSE

  • Today’s highest price of Cummins India Ltd is ₹3099.
  • Today’s lowest price of Cummins India Ltd is ₹3016.3.

PE Ratio of Cummins India Ltd is 55.42

PE ratio = Cummins India Ltd Market price per share / Cummins India Ltd Earnings per share

Today’s traded volume of Cummins India Ltd(CUMMINSIND) is 7.51L.

Today’s market capitalisation of Cummins India Ltd(CUMMINSIND) is ₹83186.33Cr.

Cummins India Ltd(CUMMINSINDPrice
52 Week High
₹3099
52 Week Low
₹1481

Cummins India Ltd(CUMMINSIND) share price is ₹3060.2. It is down -1.25% from its 52 Week High price of ₹3099

Cummins India Ltd(CUMMINSIND) share price is ₹3060.2. It is up 106.63% from its 52 Week Low price of ₹1481

Cummins India Ltd(CUMMINSINDReturns
1 Day Returns
59.25%
1 Month Returns
14.36%
3 Month Returns
49.59%
1 Year Returns
97.6%