Latest news with #INR2
Business Insider
a day 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
a day ago
- Business
- Business Insider
New Buy Rating for Deepak Nitrite Limited (DEEPAKNTR), the Basic Materials Giant
In a report released on May 30, from Morgan Stanley maintained a Buy rating on Deepak Nitrite Limited (DEEPAKNTR – Research Report), with a price target of INR2,421.00. The company's shares closed last Friday at INR2,027.30. Confident Investing Starts Here: The analyst consensus on Deepak Nitrite Limited is currently a Hold rating. The company has a one-year high of INR3,168.65 and a one-year low of INR1,780.50. Currently, Deepak Nitrite Limited has an average volume of 16.64K.
Business Insider
a day 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
a day ago
- Automotive
- Business Insider
Hyundai Motor India Limited (HYUNDAI) Receives a Buy from Nomura
In a report released on May 30, Kapil Singh from Nomura maintained a Buy rating on Hyundai Motor India Limited (HYUNDAI – Research Report), with a price target of INR2,291.00. The company's shares closed last Friday at INR1,847.20. Confident Investing Starts Here: According to TipRanks, Singh is a 3-star analyst with an average return of 4.9% and a 52.94% success rate. Singh covers the Consumer Cyclical sector, focusing on stocks such as Hyundai Motor India Limited, Bajaj Auto Limited, and Eicher Motors Limited. Currently, the analyst consensus on Hyundai Motor India Limited is a Moderate Buy with an average price target of INR2,000.00, implying an 8.27% upside from current levels. In a report released on May 20, HSBC also maintained a Buy rating on the stock with a INR2,150.00 price target.
Business Insider
a day 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
