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Cummins India Limited (CUMMINSIND) Gets a Sell from Goldman Sachs
Cummins India Limited (CUMMINSIND) Gets a Sell from Goldman Sachs

Business Insider

time3 days ago

  • Business
  • Business Insider

Cummins India Limited (CUMMINSIND) Gets a Sell from Goldman Sachs

Goldman Sachs analyst Pulkit Patni maintained a Sell rating on Cummins India Limited (CUMMINSIND – Research Report) on May 29 and set a price target of INR2,690.00. The company's shares closed last Friday at INR3,268.10. Confident Investing Starts Here: According to TipRanks, Patni is a 2-star analyst with an average return of 1.6% and a 50.00% success rate. Patni covers the Basic Materials sector, focusing on stocks such as ACC Limited, Ambuja Cements Limited, and Dalmia Bharat Ltd.. The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Cummins India Limited with a INR2,510.00 average price target, implying a -23.20% downside from current levels. In a report released yesterday, Jefferies also maintained a Sell rating on the stock with a INR2,405.00 price target.

Cummins India Limited (CUMMINSIND) Gets a Sell from UBS
Cummins India Limited (CUMMINSIND) Gets a Sell from UBS

Business Insider

time3 days ago

  • Business
  • Business Insider

Cummins India Limited (CUMMINSIND) Gets a Sell from UBS

UBS analyst Amit Mahawar maintained a Sell rating on Cummins India Limited (CUMMINSIND – Research Report) on May 29 and set a price target of INR2,740.00. The company's shares closed last Friday at INR3,268.10. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Mahawar is a 2-star analyst with an average return of 8.2% and a 75.00% success rate. Currently, the analyst consensus on Cummins India Limited is a Moderate Sell with an average price target of INR2,510.00, a -23.20% downside from current levels. In a report released yesterday, Jefferies also maintained a Sell rating on the stock with a INR2,405.00 price target. Based on Cummins India Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of INR23.16 billion and a net profit of INR4.63 billion. In comparison, last year the company earned a revenue of INR21.85 billion and had a net profit of INR3.54 billion

Nomura Sticks to Its Buy Rating for Cummins India Limited (CUMMINSIND)
Nomura Sticks to Its Buy Rating for Cummins India Limited (CUMMINSIND)

Business Insider

time4 days ago

  • Business
  • Business Insider

Nomura Sticks to Its Buy Rating for Cummins India Limited (CUMMINSIND)

In a report released today, Umesh Raut from Nomura maintained a Buy rating on Cummins India Limited (CUMMINSIND – Research Report), with a price target of INR3,800.00. The company's shares closed yesterday at INR3,268.10. Confident Investing Starts Here: Raut covers the Industrials sector, focusing on stocks such as Larsen & Toubro Limited, Afcons Infrastructure Limited, and CG Power & Industrial Solutions Ltd. According to TipRanks, Raut has an average return of 5.8% and a 58.33% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Cummins India Limited with a INR2,510.00 average price target, a -23.20% downside from current levels. In a report released yesterday, Macquarie also maintained a Buy rating on the stock with a INR3,775.00 price target. Based on Cummins India Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of INR23.16 billion and a net profit of INR4.63 billion. In comparison, last year the company earned a revenue of INR21.85 billion and had a net profit of INR3.54 billion

Jefferies Keeps Their Buy Rating on InterGlobe Aviation Ltd (INDIGO)
Jefferies Keeps Their Buy Rating on InterGlobe Aviation Ltd (INDIGO)

Business Insider

time25-05-2025

  • Business
  • Business Insider

Jefferies Keeps Their Buy Rating on InterGlobe Aviation Ltd (INDIGO)

In a report released on May 23, Prateek Kumar from Jefferies maintained a Buy rating on InterGlobe Aviation Ltd (INDIGO – Research Report), with a price target of INR6,300.00. The company's shares closed last Friday at INR5,510.00. Confident Investing Starts Here: InterGlobe Aviation Ltd has an analyst consensus of Moderate Buy, with a price target consensus of INR5,589.17, which is a 1.44% upside from current levels. In a report released on May 22, J.P. Morgan also maintained a Buy rating on the stock with a INR5,835.00 price target. The company has a one-year high of INR5,665.65 and a one-year low of INR3,778.50. Currently, InterGlobe Aviation Ltd has an average volume of 25.08K.

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