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Cummins India shares gain; Deutsche upgrades to 'buy'

The bank calls Cummins its top pick in the industrials manufacturing sector

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Reuters

Shares in Cummins India Ltd gained 2.2% today on Bombay Stock Exchange.

Deutsche Bank upgrades the stock to "buy" from "hold" and calls Cummins its top pick in the industrials manufacturing sector.

Deutsche the stock could double in about three years, citing several reasons, including investment demand and attractive share price levels.

 

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First Published: Oct 09 2014 | 10:22 AM IST

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