Cummins India Ltd.

NSE: CUMMINSIND | BSE: 500480 | ISIN: INE298A01020 | Industry: Industrial Machinery
| Expensive Star
3759.9000 -32.40 (-0.85%)
NSE Aug 12, 2025 15:31 PM
Volume: 566.4K
 

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Cummins India Ltd.
06 Aug 2016
3759.90
-0.85%
Phillip Capital
9 For FY17, management nowexpectsdomestic revenues to grow by1012% vs. earlier guidance of 812%; sees growth in the domestic business driven by the industrial segment,notsomuchbythepowergensegment. Maintained its guidance for exports at flat yoy with a negative bias despite strong sequential improvement (+28% qoq), which it attributed to lumpy demand from the parent(maynotsustainfortherestoftheyear). ManagementwillaimtomaintainFY17EBITDAmarginsatFY16levelsof16.4%. 8 ClarifiedthatCumminsInc(parent)willmanufacturetheQSK19rangeofenginesina...
Cummins India Ltd. has gained 37.41% in the last 3 Months
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