Cummins India Ltd

Cummins India Ltd

Current Price : ₹ 3,831

✅ About :
Cummins India Limited is a leading manufacturer and seller of engines and related products. It is a part of the Cummins Group in India and operates in three main business units – Engine, Power Systems, and Distribution. The Engine Business focuses on engines for various vehicle and equipment markets, while the Power Systems Business specializes in high horsepower engines for different applications. The Distribution Business caters to the maintenance and uptime of Cummins equipment

➡️ Key metrics

⚡Market Cap : ₹ 1,04,195 Cr.

⚡Stock P/E : 59.0
⚡ROCE : 35.2 %
⚡ROE : 28.1 %
⚡Debt to equity : 0.02
⚡Profit Var 3Yrs : 36.8 %
⚡Sales growth 3Years : 27.4 %

> ⬆️ Up Side Potential : 30%

> Electrolyzers: Cummins is a leading manufacturer of proton exchange which are used to produce green hydrogen by splitting water using renewable electricity

> Hydrogen Storage: Cummins is developing solutions for storing hydrogen, including high-pressure

➡️ Growth opportunities

> ⚡Electrolyzer Technology: Cummins can leverage its existing capabilities in power generation to develop and manufacture efficient electrolyzers

> ⚡Fuel Cell Systems: The company can also focus on developing and commercializing fuel cell systems

Disclaimer: The above data should not be considered as a Buy or Sell recommendation. The analysis has been done for educational and learning purpose only.

> Aastha Fintech (P) Ltd.

Leave a Reply

Your email address will not be published. Required fields are marked *