Cummins India Ltd.

NSE: CUMMINSIND | BSE: 500480 | ISIN: INE298A01020 | Industry: Industrial Machinery
| Expensive Star
4030.4000 -9.30 (-0.23%)
NSE Sep 12, 2025 15:31 PM
Volume: 362.3K
 

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Cummins India Ltd.
05 Mar 2019
4030.40
-0.23%
Motilal Oswal
Key point to note Cummins India has not hiked prices for the last four years. While it is the market leader in HHP (~60% share) and MHP segment (~50% share), Cummins is focusing on gaining greater market share in few selective nodes in the 750kv and above segment a key focus area for the company. It has also developed new growth areas in the domestic market; a segment like Railways now contributes INR2.5b to sales. Cummins also expects manufacturing to start contributing to revenue. guidance for FY20, Cummins India expects 10-12% growth in the Domestic market backed by strong growth across infrastructure segments like Data Centers, Hospitality and Metro. Demand for Powergen segment products (major part of its exports business) has witnessed a decline. Even key markets like the Middle East (slowdown in investment) and Africa (payment concerns), which contributes 50% to LHP exports have not picked up.
Cummins India Ltd. has gained 42.15% in the last 6 Months
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