Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Based on the OI percentage, a long build-up was witnessed in 77 stocks on January 18, including Hindalco Industries, Cummins India, PVR, Vedanta, and HCL Technologies

Trade setup for Thursday: Top 15 things to know before the opening bell

Based on the OI percentage, a long build-up was seen in 51 stocks on Tuesday, including Siemens, Coforge, L&T, Cummins India, and Astral

Trade setup for today: Top 15 things to know before the opening bell

Firm says it will start with LNG-hydrogen platform; India to be a sourcing hub

Cummins India to start production of fuel-agnostic engines this year

​​A decisive move by Nifty below 17,750 is likely to prompt traders to add fresh bearish bets, said technical analysts. Balkrishna Industries, Apollo Tyre, HDFC Life, ICICI General Insurance and, SBI Life, M&M, Cummins India, ABB are some of the stocks suggested by analysts for short-term trading.

Nifty may trade in 17,777-18,250 range: Analysts

Based on the OI percentage, a total of 75 stocks witnessed short-covering on Thursday, including Cummins India, Syngene International, Gujarat Gas, GAIL India, and Britannia Industries.

Sharekhan is bullish on Cummins India has recommended buy rating on the stock with a target price of Rs 1755 in its research report dated December 09, 2022.

Buy Cummins India; target of Rs 1755: Sharekhan

Tecnimont Private Limited (TCMPL), an engineering, procurement and construction firm, is the Indian subsidiary of Maire Tecnimont Group.

Cummins India shares test 4-month high as it provides tech for Gail’s hydrogen plant

Stocks to watch today: Shares of firms like HUL, Cummins India, GAIL, Sun Pharma, Paytm, and others will be in focus in Friday’s trade, Stock Market Latest News Update at news18.com

Stocks to Watch Today: HUL, Cummins India, GAIL, Sun Pharma, Paytm, and Others

Here is what the charts say about the shares of Coforge, Cummins India and JK Cement

Movers & Shakers: Stocks that will see action this week

Stocks to watch out for today: Lupin, Biocon, Veranda Learning Solutions, Fino Payments Bank, PB Fintech, Hariom Pipe Industries, Cummins India, Tube Investments, PNB and more

Stocks in news: Lupin, Biocon, Policybazaar, Cummins India and more

Cummins may alter its defensive stance on pricing after seeing the gross margin improvement and positive outlook on margin from its key peer in Kirloskar Oil Engines, said Kotak Institutional Equities

Advanced Enzyme, Cummins India, TCI & KEC International: Here’s what analysts say

Cummins India Limited is a manufacturer of diesel and natural gas engines, generator sets and related services. The Company operates through two segments: Engines and Lubes.

Cummins India Ltd

Cummins India Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Trade setup for Thursday: Top 15 things to know before the opening bell

Trade setup for today: Top 15 things to know before the opening bell

Cummins India to start production of fuel-agnostic engines this year

Nifty may trade in 17,777-18,250 range: Analysts

Trade setup for today: Top 15 things to know before the opening bell

Buy Cummins India; target of Rs 1755: Sharekhan

Cummins India shares test 4-month high as it provides tech for Gail’s hydrogen plant

Cummins India Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Trade setup for Thursday: Top 15 things to know before the opening bell

Trade setup for today: Top 15 things to know before the opening bell

Cummins India to start production of fuel-agnostic engines this year

Nifty may trade in 17,777-18,250 range: Analysts

Trade setup for today: Top 15 things to know before the opening bell

Buy Cummins India; target of Rs 1755: Sharekhan

Cummins India shares test 4-month high as it provides tech for Gail’s hydrogen plant

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock