₹3124.05▲0.11%
1.06%
Low
Day's Volatility:2.25%
High
1.19%
52.59%
Low
52 Weeks Volatility:53.78%
High
1.19%
Returns % | |
1 Month Return | 15.04 % |
3 Month Return | 53.67 % |
1 Year Return | 109.44 % |
Market Stats | |
Previous Close | ₹3,120.65 |
Open | ₹3,120.00 |
Volume | 6.54L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹86,504.42Cr |
based on 23 analysts
Based on 23 analysts offering long term price targets for Cummins India Ltd. An average target of ₹2509.7
Source: S&P Global Market Intelligence
Organisation | Cummins India Ltd |
Headquarters | |
Industry | Capital Goods-Non Electrical Equipment |
E-voting on shares | Click here to vote |
Key events for Cummins India Ltd
Cummins India's stock jumped 2.6% to close at a new high of Rs 3,121, trading above all key moving averages. The stock has been on an upward trend since November 2023 despite intermittent consolidation and correction.
Cummins India Ltd Shares Rise 3.5% This Week - 17 Apr, 2024
Despite earnings growth tracking behind five-year shareholder returns, Cummins India's EPS grew at 16% per year over the past five years, slower than its share price growth of 33%. The market has a higher opinion of the business now, reflected in its high P/E ratio of 55.10. Total shareholder return was 107% in the last twelve months, better than the annualized return of 35% over half a decade.
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.
Fundamentals of Cummins India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Revenue Rich
Revenue is up for the last 2 quarters, 2.04K Cr → 2.69K Cr (in ₹), with an average increase of 24.0% per quarter
Profit Spike
Netprofit is up for the last 2 quarters, 329.09 Cr → 498.91 Cr (in ₹), with an average increase of 34.0% per quarter
Best in 1 Year
In the last 1 year, CUMMINSIND has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts
FII Holding Up
Foreign Institutions have increased holdings from 16.46% to 16.51% in Dec 2023 quarter
Price Rise
In the last 3 months, CUMMINSIND stock has moved up by 53.7%
MF Holding Up
Mutual Funds have increased holdings from 17.72% to 18.61% in Dec 2023 quarter
Best in 3 Years
In the last 3 years, CUMMINSIND has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts
Promoter Holding Unchanged
Promoters holdings remained unchanged at 51.00% of holdings in Dec 2023 quarter
Retail Holding Down
Retail Investor have decreased holdings from 10.36% to 8.93% in Dec 2023 quarter
Cummins India Ltd in the last 5 years
Lowest (11.28x)
April 7, 2020
Today (56.51x)
April 16, 2024
Industry (82.76x)
April 16, 2024
Highest (56.51x)
April 16, 2024
Funds | Holdings |
Kotak Emerging Equity Scheme Direct Growth | 4.44% |
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option | 1.84% |
Axis Midcap Fund Direct Plan Growth | 3.3% |
SBI Bluechip Fund Direct Growth | 1.81% |
SBI Long Term Equity Fund Direct Growth | 3.13% |
Investors | Holdings % | Prev. 4 periods | 3M change |
---|---|---|---|
Promoter Holdings | 51% | 0.00 | |
Foreign Institutions | 16.51% | 0.28 | |
Mutual Funds | 18.61% | 4.97 | |
Retail Investors | 8.93% | ||
Others | 4.95% | 11.11 |
Technicals of Cummins India Ltd share
News & Events of Cummins India Ltd
Cummins India Ltd (CUMMINSIND) share price today is ₹3124.05
Cummins India Ltd is listed on NSE
Cummins India Ltd is listed on BSE
PE Ratio of Cummins India Ltd is 56.51
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 6.54L.
Today’s market capitalisation of Cummins India Ltd(CUMMINSIND) is ₹86504.42Cr.
Cummins India Ltd(CUMMINSIND | Price |
---|---|
52 Week High | ₹3161.15 |
52 Week Low | ₹1481 |
Cummins India Ltd(CUMMINSIND) share price is ₹3124.05. It is down -1.17% from its 52 Week High price of ₹3161.15
Cummins India Ltd(CUMMINSIND) share price is ₹3124.05. It is up 110.94% from its 52 Week Low price of ₹1481
Cummins India Ltd(CUMMINSIND | Returns |
---|---|
1 Day Returns | 3.4% |
1 Month Returns | 15.04% |
3 Month Returns | 53.67% |
1 Year Returns | 109.44% |