BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Deutsche Bank maintains buy on Cummins India
Deutsche Bank has maintained buy on Cummins India for target of Rs 1,105 per share. It says stock offers 15 per cent CAGR upside and Cummins India remains our top India industrials pick. It adds that the company is delivering 25-27 per cent RoE at a capacity utilisation of less than 60 per cent.