Cummins India Ltd (CUMMINSIND)

Cummins India Aims to Enhance Diesel Engines for Top-Tier Performance - 20 Jul, 2024

According to Anjali Pandey, COO of Cummins Ltd, the company is working on low carbon fuels and building its CNG and LNG portfolio to reduce carbon footprint.

Cummins India Inaugurates Global Competency Centre in Pune - 16 Jul, 2024

Cummins India has announced the inauguration of its first IT global competency centre in Pune, aimed at harnessing emerging digital technologies like AI, machine learning, and RPA. The company will also pay a dividend of Rs 20 per share, with a trailing yield of 1.0%.

Motilal Oswal Expects Cummins India to Report Rise in Net Profit - 12 Jul, 2024

Cummins India is expected to report a 21.1% YoY increase in net profit at Rs 382.4 crore, with EBITDA likely to rise by 21.4% YoY to Rs 413.5 crore. However, net sales are expected to decrease by 5.9% YoY to Rs 2,078.8 crore according to Motilal Oswal.

Cummins India Reports Strong Q4FY24 Results, Expects ₹500 Crore Annually from Data Centers - 30 Jun, 2024

Cummins India reported a 20% YoY increase in operational revenue and a 77% rise in net profit for Q4FY24. The company estimates potential orders of around ₹500 crore annually from data centers in India, which contribute to 10% of their power generator segment revenues.

Cummins India Shows Impressive Annual EPS Growth - 27 Jun, 2024

Cummins India has achieved an annual EPS growth of 39% over the last three years, with growing revenues and improved EBIT margins. The CEO's total compensation is below the median for similarly sized companies, indicating a quality business worth watching.

Strong Demand for Gensets in Q1FY25 - 21 Jun, 2024

Demand for gensets has been strong in Q1FY25, with companies like Cummins India and Kirloskar Oil Engines looking to market their CPCB 4+ portfolios. The overall demand may moderate in July-Sep24 due to pre-buying and seasonal factors.