Cummins India Ltd.

NSE: CUMMINSIND | BSE: 500480 | ISIN: INE298A01020 | Industry: Industrial Machinery
| Falling Comet
2896.5000 -18.10 (-0.62%)
NSE Apr 22, 2025 15:31 PM
Volume: 229.2K
 

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Cummins India Ltd.
19 Jul 2018
2896.50
-0.62%

Cummins

JM Financial
FY18 Annual Report Analysis: Capital allocation hurts RoIC Cummins India (KKC)'s balance sheet has seen a stark change in the past 5 years, with increased allocation to investment properties and current investments, leading to a 150% rise in interest and rental income vs. a 12% decline in EBITDA over the same period. Other key takeaways from the annual report are: a) management increased focus on the industrial division through bundled offerings and new product introductions to capture a larger share of railways, mining, defence and construction (new emission norms from CY20) as power gen/export sales growth remain muted, b) it maintained tight control on expenses and...
Cummins India Ltd. has an average target of 3829.00 from 6 brokers.
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