NIFTY 22502.00 BANK 48199.50

Cummins India Ltd.
Share Price Target & Analysis

NSE:CUMMINSIND

3854.51

VWAP

3816.00

Open

3728.5

Close

3895.00

High

3800.05

Low

3895.00

52 Week High

3872.85 ⇧
82.00 (2.16%)

CUMMINSIND

(INDUSTRIAL MANUFACTURING)
99.1% Momentum

Trending & Favourite

1556.00

52 Week Low

51.14

EPS

67.88

PE

20

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: CUMMINSIND Share Price Financial Analysis & Valuation

Cummins India Ltd. (CUMMINSIND) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Engines vertical. It is one of Large Cap company with Market Capitalization of Rs 25169.8 (in Cr). Total number of free float shares are 27.7 (in Lacs). Cummins India Ltd. is listed on NSE with Exchange ID - INE298A01020 and trading code is NSE:CUMMINSIND with short name Cummins.

Cummins India Ltd. is also traded in Future & Options (Derivative segment of NSE).

Cummins India Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. CUMMINSIND is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, Cummins India Ltd. has declared an equity dividend of Rs 25 per share. At the current share price of CUMMINSIND at Rs 3872.85, this results in a dividend yield of 0.65 %.

As per the Fundamental Analysis of NSE:CUMMINSIND, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine CUMMINSIND underlying value and future prospects. All of this data is available in CUMMINSIND financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:CUMMINSIND, it is clearly understood that CUMMINSIND is Economical performer in terms of earnings and profit margins with an EPS of 51.14. NSE:CUMMINSIND book value per share as of today is 193.65. The current price to book ratio for CUMMINSIND as of May 18, 2024 is 20.

Valuation of the Stock: The current valuation of CUMMINSIND stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of CUMMINSIND whether to BUY this stock at current valuation. The delivery percentage of CUMMINSIND is 63.64% is very crucial parameter which shows that 63.64% investors are anticipating that the price of CUMMINSIND share should go up with VWAP at 3854.51.

Now, the main question is whether to BUY or SELL, NSE:CUMMINSIND at current valuation.
As per latest Analysis No. #311:-

⇑ STRONG BUY CUMMINSIND if All Greens

⇗ BUY CUMMINSIND (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD CUMMINSIND (With Stop Loss) if only 1 Green

⇘ SELL CUMMINSIND if NO Green Indicator

NSE: CUMMINSIND Share Price Today (May 18, 2024)

(Cummins India Ltd. Daily Analysis on the basis of CUMMINSIND Intraday Graph & Trend)

Cummins India Ltd. share price moved Up by 2.16% from its previous close of Rs 3728.5. CUMMINSIND stock last traded price is 3872.85. CUMMINSIND share price trend is Up with a total of 54773 stocks traded till now. It has touched an intraday high of Rs 3895.00 and an intraday low of Rs 3800.05. The CUMMINSIND trading at 3872.85, Up by Rs. 82.00, or 2.16 percent which suggests that most of the Traders are anticipating that the price of CUMMINSIND share should go Up.

NSE: CUMMINSIND Share Price Tomorrow Prediction

(Cummins India Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of CUMMINSIND)

Cummins India Ltd. share price moved Up by 2.16%. CUMMINSIND share price short term trend is Up. It suggests that CUMMINSIND Share Price for Tomorrow remains the same with VWAP at 3854.51 will be treated as stop loss for intraday traders. Cummins India Ltd. Long term investors can follow the CUMMINSIND long term trend as mentiond in future forecast table.

NSE Code

NSE: CUMMINSIND

CUMMINSIND Share Price Today

 3872.85

CUMMINSIND Share Price Target Prediction for 2024 ^

 2625 - 3914.3

CUMMINSIND Share Price Target Prediction for 2025*^

 3914.3 - 4170

CUMMINSIND Share Price Target Prediction for 2026*^

 4170 - 4461.9

CUMMINSIND Share Price Target Prediction for 2027*^

 4685

CUMMINSIND Share Price Target Prediction for 2028*^

 4819

CUMMINSIND Share Price Target Prediction for 2030*^

 5253
CUMMINSIND Current Book Value 2023
192.7

*Cummins India Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^CUMMINSIND share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

CUMMINSIND Technical Analysis

Candlestick Pattern: @3683.2

CUMMINSIND Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 3515.43 BUY 3548.22 BUY
MA_12 3410.53 BUY 3423.17 BUY
MA_20 3319.24 BUY 3342.51 BUY
MA_32 3189.49 BUY 3209.2 BUY
MA_50 3051.13 BUY 3077.71 BUY
MA_100 2738.57 BUY 2820.17 BUY
MA_200 2218.32 BUY 2391.75 BUY

CUMMINSIND Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 3642.59 OverBought
MACD 20.08 BUY
ADX 47.96 Strong Trend
DMI (+/-) 37.04 / 6.58 Uptrend

CUMMINSIND Momentum Oscillators

BUY (9) NEUTRAL (1) SELL (2)
Momentum Oscillators Value Action
RSI 80.78 Overbought
STOCHASTIC_K (Fast) 95.43 Overbought
STOCHASTIC_D (Slow) 91.68 Overbought
CCI 204.73 BUY
PSAR 3231.92 BUY
TRUE RANGE 139.85 SELL
ATR 98.57 SELL
WILLIAMS R -4.17 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 97.99 Overbought
MOMENTUM 623 BUY

CUMMINSIND Last 1 Year Trend

Duration Value
1 Year 126.27%
3 Months 53.45%
1 Month 20.36%
1 Week 6.93%

CUMMINSIND Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 90%
NEUTRAL / HOLD 3%
SELL 7%

Most popular Questions & Answers about CUMMINSIND


Cummins India Ltd. stock last traded price is 3872.85. CUMMINSIND share price moved Up by 2.16% from its previous close of Rs 3728.5.

Cummins India Ltd. share price trend is Up with a total of 54773 stocks traded till now. It has touched an intraday high of Rs 3933.95 and an intraday low of Rs 3800.05. The CUMMINSIND trading at 3872.85, Up by Rs. 82.00, or 2.16 percent which suggests that most of the Traders are anticipating that the price of CUMMINSIND share should go Up and the Stop Loss will be around 3854.51.

The market cap of Cummins India Ltd. is ₹25169.8 (in Cr) as of May 17, 2024.

The current price to earning ratio for Cummins India Ltd. as of May 17, 2024 is 67.88.

The current price to book ratio for Cummins India Ltd. as of May 17, 2024 is 20.

The highest price of Cummins India Ltd. stock is ₹3895.00 in the last 52-week.

The lowest price of Cummins India Ltd. stock is ₹1556.00 in the last 52-week.

Cummins India Ltd. share trading at ₹3872.85, Up by Rs. 82.00, or 2.16 percent which suggests that most of the traders are anticipating that the price of CUMMINSIND share should go Up.

In 2023, Stock price target for Cummins India Ltd. (CUMMINSIND) are ₹2625 on downside and ₹3914.3 on upside. Cummins India Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Cummins India Ltd. (CUMMINSIND) are ₹3914.3 on downside and ₹4170 on upside. Cummins India Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Cummins India Ltd. (CUMMINSIND) are ₹4170 on downside and ₹4461.9 on upside. Cummins India Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Cummins India Ltd. (CUMMINSIND) will be around ₹4819 Cummins India Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of CUMMINSIND.

As per the fundamental analysis of Cummins India Ltd. (CUMMINSIND), it is of Economical quality in terms of earnings and profit margins with an EPS of 51.14. Cummins India Ltd. book value per share as of today is 193.65. The current price to book ratio for CUMMINSIND as of May 18, 2024 is 20.


NSE:CUMMINSIND News & Other Useful Information about CUMMINSIND Share Price


Peer Comparison of NSE: CUMMINSIND

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Engines

Company Price EPS BV
CUMMINSIND 3872.85 51.14 193.65
GREAVESCOT 133.85 12.26 40.08
KIRLOSENG 1307.05 24.94 160.82
SWARAJENG 2480.55 113.5 281.72
Updated at: 17 May 2024 15:29

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