Page 2 - Cummins India

Slow recovery to dent Cummins' India FY21 prospects, say analysts

June quarter washout could keep FY21 muted

Cummins India shares slip 7% on concerns of Covid-19 impact on biz

The management said the already weak business outlook has worsened, due to the COVID-19 situation impacting the entire global supply chain

Benign valuations, long-term triggers favour Cummins India stock

Weak exports and sluggish capex cycle suggest that there would be some near-term pain

Cummins India stock jumps 11% post Q3 result; pares gain later

During the quarter under review, net sales (revenue) of the company stood at Rs 1,428 crore, down 2 per cent YoY.

Cummins India: A value trap for investors or value buy? Analysts cautious

Likely to be effective from 2022, analysts at IIFL say Cummins India is ahead of the curve to cater to these products

Weak demand, margin pressure set to worsen for Cummins India; stock falls

New emission norms to further add to demand challenges

Cummins India skids 5% as Managing Director Sandeep Sinha resigns

So far in 2019, the stock has tumbled 11.3 per cent as against a 17 per cent fall in the BSE Auto Index.

Cummins India: Strong domestic growth fails to cheer investors

Exports may stay on weak footing despite leadership position

Cummins: Strong domestic growth not enough to sustain investor interest

While the management has guided for 10-15 per cent growth in India business, exports may stay on a weak footing

Cummins India ticks right boxes on growth, value; sees uptick in demand

Valuation of 26 times its FY20 earnings estimates looks attractive

Cummins India surges 14% as Q2 earnings beat estimates

The stock surged 14% to Rs 769 on the BSE after the company reported a better-than-expected 39% Y-o-Y jumped in net profit at Rs 2.12 billion in September quarter, on back of higher revenue.

Cummins India stock: Growth recovery likely to aid revenues in FY19

Growing demand for cleaner fuel, expanding network important earnings drivers

Cummins: Near-term headwinds dent investor confidence

The Cummins' stock has lost more than 12 per cent in two trading sessions to Rs 930 levels, and for good reasons. For one, the company's performance for the quarter ending March 2017 disappointed on lower exports while declining margins too failed to impress. Moreover, the outlook for exports business during FY18 remains soft. And, these could weigh on sentiment in the near-term.Even as street expectations were high, the seven per cent year-on-year and 33 per cent sequential decline in exports to Rs 301 crore were bound to impact sentiment. Operating profit at about Rs 170 crore also declined 16.7 per cent sequentially and 4.9 per cent year-on-year, and therefore margins at 14.4 per cent were lower than 16.8 per cent levels each in the year-ago quarter and sequentially. Anant J Talaulicar, chairman & managing director, Cummins, in the result release, said that exports markets continue to disappoint based on the global economic scenario. "In particular, the demand for our low ...

Cummins India falls 10% on disappointing Q4 results

The company reported 5% year on year drop in net profit at Rs 158 crore in Q4FY17.

Cummins India surges on good Q3 results

The stock surged 8% to Rs 919 on the BSE in early morning trade.

Cummins India: Strong recovery in sight

Domestic demand is making up for weak exports; reasonable stock valuation adds sheen

Domestic demand picking up for Cummins India

For accelerated growth, broader recovery in domestic market critical as outlook for exports remains weak

Cummins India Q1 net profit down 14% at Rs 181 crore

Shares of the company ended 1.68% up at Rs 840.15 on BSE