Nomura Maintains Buy on Cummins India
About Cummins India
Cummins India is a leading manufacturer of diesel and natural gas engines, power generation systems, and related components. The company has a diversified product portfolio, including advanced energy storage solutions, and serves industrial, automotive, and power generation sectors with a focus on innovation and sustainability.
Analyst View: Nomura retains a Buy rating with a target price of ₹4500, driven by improved cost efficiencies and margin expansion across FY27–28 forecasts.
Financial Outlook: PAT is expected to grow at a CAGR of 18% between FY25 and FY28, while RoE is projected at 33%, indicating strong shareholder returns.
Growth Drivers: Expansion of BESS offerings and a revival in private sector capex are expected to support Cummins’ growth momentum and diversify revenue streams.
Investor Takeaway
Cummins India is well-positioned for sustainable growth with strong margin gains, new product innovations, and a favorable macroeconomic environment.
👉 Nifty Tip | BankNifty Tip
📌 Explore more insights at Indian-Share-Tips.com, which is a SEBI Registered Advisory Services.
👉 Nifty Tip | BankNifty Tip
📌 Explore more insights at Indian-Share-Tips.com, which is a SEBI Registered Advisory Services.
SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.
