Cummins India Limited engages in the design, manufacture, distribution, and service of engines, generator sets, and related technologies in India, Nepal, and Bhutan. The company operates through two segments, Engines and Lubes. It provides accelera, G-drive, pump drive, and browse engines; and generators and power systems, including integrated power systems, alternators, transfer switches, generator set controls, system level controls and switchgears, and browse generators. The company also offers engine components, such as fuel systems, turbochargers, and valvetrain solutions; aftertreatment emission solutions; engine control units and modules, sensors, and fuel injectors, as well as electronic components that facilitate the implementation of emission control systems; electronic tools; application and fuel systems-specific controls; and human-machine systems. In addition, it offers drivetrain and braking systems comprising axles, brakes, carriers, drivelines, gearboxes and power take-offs, gears, suspensions, tire inflation systems, transfer cases, and transmissions; parts and sales and services; and lubricants and engine oils, as well as provides testing and analysis, system integration, and software development solutions. Further, the company provides digital products, such as PowerCommand Cloud, a generator remote monitoring system, that delivers real-time information about power systems. It offers its products for agriculture, compressor engines, construction, marine, mining, oil and gas, truck, rail, data center, healthcare, hospitality, infrastructure, manufacturing, marine, and reality industries; and exports to the United States, Europe, Mexico, Africa, the Middle East, and China. The company was incorporated in 1962 and is headquartered in Pune, India. Cummins India Limited operates as a subsidiary of Cummins Inc.
Revenue projections:
Revenue projections for CUMMINSIND CUMMINSIND's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.
Financial Ratios:
currentRatio
3.10300
forwardPE
35.36017
debtToEquity
0.39200
earningsGrowth
-0.01700
revenueGrowth
0.06500
grossMargins
0.36531
operatingMargins
0.24499
trailingEps
71.99000
forwardEps
0.00000
CUMMINSIND's current ratio of 3.103 highlights the company's ability to easily cover its short-term debt using its available cash and assets. This indicates a strong liquidity position, ensuring CUMMINSIND is unlikely to face difficulties in meeting immediate financial obligations. CUMMINSIND's low earnings and revenue growth point to a potential decline in profits. This signals a downturn in financial performance, suggesting that the company might face challenges in maintaining its current level of profitability. Positive gross and operating margins for Cummins India Limited demonstrate the company's profitability. These margins reflect strong financial performance, with efficient operations contributing to the company's ability to generate consistent profits.
Price projections:
Price projections for CUMMINSIND Cummins India Limited's stock price has regularly been near the lower end of projections, indicating that it may be struggling to attract investor interest. This pattern suggests a cautious sentiment surrounding the company's future performance.
Insider Transactions:
Insider Transactions for CUMMINSIND
In recent market activity, 3 sales of CUMMINSIND shares took place, with market price at 3737.6500651041665.The period under consideration saw no sell transactions.The recent buying activity at current CUMMINSIND price levels exceeds selling, suggesting a potential positive outlook. Investors may see this trend as an indicator that the stock is likely to perform well, reflecting growing confidence.
Recommendation changes over time:
Recommendations trend for CUMMINSIND
Analysts' buy bias toward CUMMINSIND suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, CUMMINSIND is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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