1 / 8 Brokerage firm Kotak Securities in a note on Tuesday, April 1, wrote that they still do not find value in most parts of the market. They also do not rule out further earnings downgrades over the next few months. It has cited Q4 results as a critical aspect for the market over […]
Top stock picks | Cipla, Cummins India, Interglobe Aviation and Apollo Tyres on the radar – CNBC TV18
1 / 8 Technical analysts Shrikant Chouhan of Kotak Securities and Sudeep Shah of SBI Securities share their top stock picks for the day. 2 / 8 Buy for a target price of ₹1,550-1,565 with a stop loss of ₹1,465 Analyst: Shrikant Chouhan of Kotak Securities at 9:15 am 3 / 8 Buy for a […]
Cummins India shares fall 5% after Goldman Sachs downgrades citing three main concerns – CNBC TV18
Brokerage firm Goldman Sachs has downgraded its rating on Cummins India to “sell’ from its earlier rating of “Neutral” on Friday, October 10. As a result, the stock fell 5% during the trading session. However, Goldman Sachs has increased its price target on Cummins India to ₹2,900 from ₹2,170 earlier. The revised price target implies […]
Cummins India Q1 Results | Net profit rises 33% to ₹420 crore, misses estimates – CNBC TV18
Power solutions technology provider Cummins India Ltd on Tuesday (August 6) reported a 33% year-on-year (YoY) jump in standalone net profit at ₹419.8 crore for the first quarter that ended June 30, 2024. In the corresponding quarter, Cummins India posted a net profit of ₹315.7 crore, the company said in a regulatory filing. The CNBC-TV18 […]
Are Cummins India shares seeing a knee-jerk reaction to global parent commentary? Explained – CNBC TV18
Shares of Cummins India Ltd. declined as much as 10% on Friday (August 2), following negative commentary on the company’s India business. The company reported a 10% year-on-year decline in India revenues for the quarter that ended in June. In India, the total revenue, including joint ventures, will rise 8% this year, the parent company […]