Cummins

A lumpy hyperscaler project lifted growth and margins, though management cautions that similar orders may not repeat and exports could soften

Cummins India remains cautiously optimistic about its growth outlook across domestic and international markets, supported by a diversified portfolio aligned with evolving emission norms.

Motilal Oswal Financial Services Research desk suggests buying Kirloskar Oil Engines and Cummins India; here's why

Despite modest Q4 revenue growth, Cummins India expects double-digit growth in FY26 on the back of robust domestic demand, CPCB 4+ tailwinds, and export recovery

The company, a unit of US-based truck engine maker Cummins, said its profit climbed to Rs 558 crore (about $64 million) in the three months to Dec. 31 from Rs 499 crore a year earlier

Cummins manufactures heavy diesel engines for prominent Indian medium and heavy commercial vehicle makers, including Tata Motors

The diesel and natural gas engine maker's consolidated profit after tax came in at Rs 449 crore ($53.3 million) for the three months ended Sept. 30, up from Rs 329 crore a year earlier

Riding on a 36 per cent growth y-o-y in the domestic market, the company posted an overall revenue growth of 16 per cent

Primary trend of the stock has been bullish with higher tops and higher bottoms on the weekly chart

Going ahead, the company has guided for a double-digit sales growth

Tata Motors, Mahindra & Mahindra and Ashok Leyland fell 2.19 per cent, 1.55 per cent and 2.68 per cent, respectively

Barring Cummins India, which did perform in the current year but the present structure shows sluggishness; all other stocks included in MSCI index are poised for the next bull-run.

Supply chain challenges and export demand are other concerns for the maker of engines and power equipment

The midcap index hit an intra-day high of 26,705.56, was less than 2% away from its record high level of 27,246.34, touched on October 19, 2021.

Global power technology major Cummins Inc on Wednesday said it has signed a definitive agreement with Tata Motors Ltd to manufacture a range of low-to zero-emissions technology products in India over the next few years. As a part of the agreement, Cummins and Tata Motors Ltd (TML) have set up a new business entity called TCPL Green Energy Solutions Private Ltd (GES), a wholly-owned subsidiary under the existing joint venture, the company said in a statement. The new entity will focus on the development and manufacturing of sustainable technology products that will include hydrogen-powered internal combustion engines, fuel delivery systems, and battery electric powertrains and fuel cell electric systems through the Accelera by Cummins brand, it added. The low-to-zero emissions technologies developed by TCPL GES will be integrated into both on-highway and off-highway applications for domestic and international markets. Tata Motors and Cummins have a 30-year-old partnership through th

While valuation is not cheap, positive brokerage views to support stock

Firm says it will start with LNG-hydrogen platform; India to be a sourcing hub

Global power solutions provider Cummins in collaboration with Tecnimont will help GAIL in setting up a proton exchange membrane electrolyzer for the public sector natural gas company at Vijaipur in Madhya Pradesh, a release said on Wednesday. The facility, said to be one of India largest, is expected to produce 4.3 tonnes of green hydrogen per day, which will be equivalent to around 10 MW of electrical power generation, it said. Tecnimont Private Limited (TCMPL), an engineering, procurement and construction firm, is the Indian subsidiary of Maire Tecnimont Group. Cummins said it will leverage its proprietary PEM electrolysis technology for the GAIL project. "The GAIL green hydrogen production project based on our PEM electrolyzer technology is a first of its kind and will pave the way for many such projects in the future," said Ashwath Ram, Managing Director at Cummins India. Cummins said it has supplied and commissioned more than 600 electrolyzers worldwide with PEM and alkaline

India will be one of the first markets to receive Cummins' hydrogen engines, the company said

Cummins India's stock has gained 27 per cent since its lows in June, helped by a strong first quarter, expectation of improved demand and margin recovery.