Latest news with #CumminsIndiaLimited
Business Insider
2 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.
Business Insider
2 days ago
- Business
- Business Insider
Bank of America Securities Sticks to Its Sell Rating for Cummins India Limited (CUMMINSIND)
In a report released yesterday, Amish Shah from Bank of America Securities maintained a Sell rating on Cummins India Limited (CUMMINSIND – Research Report), with a price target of INR2,491.00. 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, Shah is ranked #4964 out of 9553 analysts. In addition to Bank of America Securities, Cummins India Limited also received a Sell from Jefferies's Lavina Quadros in a report issued yesterday. However, on the same day, Nomura maintained a Buy rating on Cummins India Limited (NSE: CUMMINSIND).
Business Insider
2 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
Business Insider
2 days ago
- Business
- Business Insider
Cummins India Limited (CUMMINSIND) Gets a Sell from Jefferies
Jefferies analyst Lavina Quadros maintained a Sell rating on Cummins India Limited (CUMMINSIND – Research Report) yesterday and set a price target of INR2,405.00. 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, Quadros is ranked #2625 out of 9553 analysts. In addition to Jefferies, Cummins India Limited also received a Sell from Bank of America Securities's Amish Shah in a report issued yesterday. However, on the same day, Nomura maintained a Buy rating on Cummins India Limited (NSE: CUMMINSIND).
Business Insider
3 days ago
- Business
- Business Insider
Phillip Securities Keeps Their Buy Rating on Cummins India Limited (CUMMINSIND)
In a report released yesterday, from Phillip Securities maintained a Buy rating on Cummins India Limited (CUMMINSIND – Research Report), with a price target of INR3,960.00. The company's shares closed last Friday at INR3,268.10. Confident Investing Starts Here: In addition to Phillip Securities, Cummins India Limited also received a Buy from Nomura's Umesh Raut in a report issued yesterday. However, on the same day, Jefferies maintained a Sell rating on Cummins India Limited (NSE: CUMMINSIND). 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
