Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
785.05
Change Change %
-10.90 -1.37%

Updated:19 Nov, 2018, 15:31 PM IST

BSE
785.25
Change Change %
-11.60 -1.46%

Updated:19 Nov, 2018, 15:41 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
27-05-2016 Buy 789.75 1000.00
N/A
Target Hit Long (1Y)
27-05-2017

Religare maintains buy on Cummins India

Cummins reported lower-than-estimated earnings for the Q4 due to 30 per cent decline in exports. However, management has guided for 8-12 per cent growth in domestic sales and flat exports in FY17. We have reduced FY17 and FY18 earnings estimates by 4 per cent and 6 per cent respectively to build in lower exports in Q4.

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