Cummins
3,886.30
+67.90(+1.78%)
Market Cap₹1,05,846.00 Cr
PE Ratio50.59
Company Performance:
1D+1.78%
1M+7.42%
6M+37.03%
1Y+1.38%
5Y+735.05%
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More news about Cummins
25Jul 25
Cummins India Faces Rs 1.43 Crore Customs Penalty, Plans Appeal
Cummins India Limited has been hit with a customs penalty of Rs 1.43 crore over alleged import classification issues. The penalty includes Rs 71,73,200 in differential customs duty and an equal amount as penalty under Section 114A of the Customs Act, 1962. The company plans to appeal the decision to the Customs Excise and Service Tax Appellate Tribunal (CESTAT), asserting that the penalty will not materially impact its financial or operational activities. Cummins India has also scheduled a conference call on August 8 to discuss its Q2 financial results with analysts and investors.
22Jul 25
Cummins India Welcomes Soma Dilip Ghosh as New Chief Financial Officer
Cummins India Limited has appointed Ms. Soma Dilip Ghosh as its new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective July 21, 2025. The Board of Directors approved this appointment on May 28, 2025, based on recommendations from relevant committees. Mr. Prasad Kulkarni, the Interim CFO and KMP, has stepped down but will continue as Director – Finance Controller Distribution Business Unit. The company has made necessary disclosures to stock exchanges in compliance with SEBI regulations.
26Jun 25
Cummins India Unveils Battery Energy Storage Systems to Boost Clean Energy Transition
Cummins India has introduced Battery Energy Storage Systems (BESS) to support India's clean energy transition. The BESS features modular and scalable design, advanced LFP battery technology, and efficient thermal management. This new offering complements Cummins' existing generator sets and aligns with India's clean energy goals by stabilizing the power grid, providing backup power, and enabling better integration of renewable energy sources.
26Jun 25
Cummins India Unveils Battery Energy Storage Systems to Boost Clean Energy Transition
Cummins India has launched Battery Energy Storage Systems (BESS) to support India's clean energy goals. This strategic move addresses the challenge of intermittent power generation from renewable sources. BESS is expected to enhance grid stability, improve renewable energy integration, increase energy efficiency, and potentially strengthen Cummins India's market position in the evolving clean energy sector.
30May 25
Cummins India Forecasts Double-Digit Growth Across Key Business Segments
Cummins India anticipates robust performance in the domestic market, particularly in power generation, industrial, and distribution businesses. The company expects double-digit growth in its distribution business, power generation, and industrial segments. Cummins India maintains its guidance of double-digit revenue growth for FY 2025-26. The company also expresses a positive outlook on the rail market segment, suggesting potential opportunities in the railway sector.
29May 25
Cummins India Projects Double-Digit Growth for FY26, Expresses Cautious Optimism
Cummins India, a leading manufacturer of engines and power generation equipment, has expressed cautious optimism about its future performance during a recent conference call. The company anticipates double-digit growth in fiscal year 2026 (FY26), suggesting strong confidence in its market expansion and financial performance. While specific details were not provided, potential growth factors could include market expansion, product innovation, infrastructure development, and overall industrial growth in India and export markets.
29May 25
Cummins India: Shares Surge 6% on Strong FY26 Outlook Despite Mixed Q4 Results
Cummins India's Q4 net profit decreased by 7.2% YoY to Rs 521.37 crore, while revenue increased 6.1% YoY to Rs 2,457.00 crore. For FY25, total sales grew 15% to Rs 10,166.00 crore. The company announced a final dividend of Rs 33.50 per share. Despite mixed Q4 results, shares rose 6% due to optimistic FY26 guidance, including expected double-digit revenue growth, stable margins, and strong export growth. The company anticipates continued growth in the data center segment and export demand.
28May 25
Cummins India's Q4 Profit Dips 7% But Beats Estimates, Announces ₹33.5 Dividend
Cummins India's Q4 standalone net profit decreased by 7% to ₹521.00 crore, while revenue increased by 6.1% to ₹2,457.00 crore. The company declared a final dividend of ₹33.50 per share, bringing the total dividend to ₹51.50 per share for the year. Despite the profit decline, the company's performance exceeded analyst expectations.
06May 25
Cummins India's Parent Company Suspends Full-Year Guidance Amid Market Uncertainties
Cummins Inc., parent company of Cummins India Limited (CIL), has suspended its full-year financial guidance. The company previously forecasted revenue growth between -2% and +3%. This decision may affect Cummins India's operations and market outlook. Investors are likely to closely monitor CIL's stock performance and future prospects in light of this development. The situation highlights the interconnected nature of global businesses and potential impacts of international market conditions on local subsidiaries.
06May 25
Cummins India Faces Headwinds as Parent Company Suspends Guidance
Cummins Inc., parent of Cummins India, has suspended its full-year guidance due to trade war uncertainties. The India region, including joint ventures, saw a 14% year-on-year revenue decline in Q1, with the PowerGen business dropping 11%. This suggests potential challenges for Cummins India, including reduced demand for power generation equipment, increased market uncertainty, and possible impacts on exports and supply chains due to global trade tensions.
05May 25
Cummins Withdraws 2025 Forecast Amid US Tariff Uncertainties
Cummins has withdrawn its 2025 financial forecast due to economic uncertainty driven by US import tariffs. The company reported Q1 2023 results with net income of $824 million, EPS of $5.96, and net sales of $8.17 billion. These figures show a decrease from the previous year's performance, with net sales falling below market estimates.
Cummins
3,886.30
+67.90
(+1.78%)
1 Year Returns:+1.38%
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