Risk factor
Negligible price volatility
Profitability factor
Very strong margins and returns
About
Cummins India Ltd. engages in the manufacture, design, and distribution of diesel and alternative fuel engines. The firm also offers electronics, emission solutions, filtration, fuel systems, and turbo technologies. It operates through Engines and Lubes segments. The Engine segment consists of Cummins India Ltd. and other Group companies. The Lubes segment comprises of a joint venture including Valvoline Cummins Private Ltd. The company was founded in 1962 and is headquartered in Pune, India.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITDA
Target Price
The average target price of CUMMINSIND.NS is 5552 and suggests 10.2% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral reco