NIFTY 23907.25 BANK 51135.40

Cummins India Ltd.
Share Price Target & Analysis

NSE:CUMMINSIND

3311.57

VWAP

3284.95

Open

3282.25

Close

3339

High

3263.05

Low

4171.9

52 Week High

3319.40 ⇧
37.15 (1.13%)

CUMMINSIND

(INDUSTRIAL MANUFACTURING)
63.5% Momentum

Sideways to Positive

1835.55

52 Week Low

68.05

EPS

46.52

PE

14.93

PB

Economical
Quality

Gold
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 38 per share. At the current share price of CUMMINSIND at Rs 3319.40, this results in a dividend yield of 1.14 %.

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 68.05. NSE:CUMMINSIND book value per share as of today is 222.33. The current price to book ratio for CUMMINSIND as of Nov 23, 2024 is 14.93.

Valuation of the Stock: The current valuation of CUMMINSIND stock is like Gold which means currently the stock is Overpriced. 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 51.7% is very crucial parameter which shows that 51.7% investors are anticipating that the price of CUMMINSIND share should go up with VWAP at 3311.57.

Now, the main question is whether to BUY or SELL, NSE:CUMMINSIND at current valuation.
As per latest Analysis No. #473:-

⇑ 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 (Nov 23, 2024)

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

Cummins India Ltd. share price moved Up by 1.13% from its previous close of Rs 3282.25. CUMMINSIND stock last traded price is 3319.40. CUMMINSIND share price trend is Up with a total of 847775 stocks traded till now. It has touched an intraday high of Rs 3339 and an intraday low of Rs 3263.05. The CUMMINSIND trading at 3319.40, Up by Rs. 37.15, or 1.13 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 1.13%. CUMMINSIND share price short term trend is Up. It suggests that CUMMINSIND Share Price for Tomorrow remains the same with VWAP at 3311.57 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

 3319.40

CUMMINSIND Share Price Target Prediction for 2024 ^

 2891.8 - 4192.6

CUMMINSIND Share Price Target Prediction for 2025*^

 4192.6 - 4466.4

CUMMINSIND Share Price Target Prediction for 2026*^

 4466.4 - 4779

CUMMINSIND Share Price Target Prediction for 2027*^

 5018

CUMMINSIND Share Price Target Prediction for 2028*^

 5161

CUMMINSIND Share Price Target Prediction for 2030*^

 5626
CUMMINSIND Current Book Value 2023
221.2

*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: @3329.8

CUMMINSIND Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 3478.7 SELL 3426.74 SELL
MA_12 3500.46 SELL 3488.13 SELL
MA_20 3497.15 SELL 3518.91 SELL
MA_32 3590.62 SELL 3569.81 SELL
MA_50 3655.09 SELL 3607.2 SELL
MA_100 3699.31 SELL 3612.8 SELL
MA_200 3422.06 SELL 3333.77 SELL

CUMMINSIND Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 3497.15 Downtrend
MACD -8.13 SELL
ADX 18.42 NO or Weak Trend
DMI (+/-) 13.68 / 27.04 Downtrend

CUMMINSIND Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 37.03 Neutral
STOCHASTIC_K (Fast) 8.36 Oversold
STOCHASTIC_D (Slow) 19.15 Oversold
CCI -169.42 SELL
PSAR 3684.38 SELL
TRUE RANGE 105.95 Neutral
ATR 133.12 Neutral
WILLIAMS R -86.45 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 1.49 Oversold
STOCHASTIC RSI D 0.5 Oversold
MOMENTUM -468.6 SELL

CUMMINSIND Last 1 Year Trend

Duration Value
1 Year 87.38%
3 Months -10.13%
1 Month -12.34%
1 Week -6.32%

CUMMINSIND Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 17%
SELL 83%

Most popular Questions & Answers about CUMMINSIND


Cummins India Ltd. stock last traded price is 3319.40. CUMMINSIND share price moved Up by 1.13% from its previous close of Rs 3282.25.

Cummins India Ltd. share price trend is Up with a total of 847775 stocks traded till now. It has touched an intraday high of Rs 4213.619 and an intraday low of Rs 3263.05. The CUMMINSIND trading at 3319.40, Up by Rs. 37.15, or 1.13 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 3311.57.

The market cap of Cummins India Ltd. is ₹25169.8 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Cummins India Ltd. as of Nov 22, 2024 is 46.52.

The current price to book ratio for Cummins India Ltd. as of Nov 22, 2024 is 14.93.

The highest price of Cummins India Ltd. stock is ₹4171.9 in the last 52-week.

The lowest price of Cummins India Ltd. stock is ₹1835.55 in the last 52-week.

Cummins India Ltd. share trading at ₹3319.40, Up by Rs. 37.15, or 1.13 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 ₹2891.8 on downside and ₹4192.6 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 ₹4192.6 on downside and ₹4466.4 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 ₹4466.4 on downside and ₹4779 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 ₹5161 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.

The price of Cummins India Ltd. (CUMMINSIND) shares moved by 1.13%. The short-term trend for CUMMINSIND share price is Up. It implies that the share price of CUMMINSIND will stay the same tomorrow and that intraday traders should treat VWAP at 3311.57 as a stop loss. Investors with a long-term outlook can track CUMMINSIND long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of CUMMINSIND stock is 815.9. Compared to the current market price of 3319.40 INR, the CUMMINSIND stock is Overvalued by 75.4%.

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 68.05. Cummins India Ltd. book value per share as of today is 222.33. The current price to book ratio for CUMMINSIND as of Nov 23, 2024 is 14.93.


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 3319.40 68.05 222.33
GREAVESCOT 172.19 8.7 56.53
KIRLOSENG 1066.45 30.71 180.74
SWARAJENG 2906.15 121.75 303.42
Updated at: 22 Nov 2024 15:30

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