Cummins India Ltd

Cummins India Limited is an Indian company engaged in the business of manufacturing and selling diesel and natural gas engines and related services, such as fuel systems, air handling, filtration, power generation, and emission solutions. The company was incorporated in 1962 as an entity of Cummins Group in India, with its headquarters in Pune, Maharashtra. As of 20 October 2022, the market capitalisation of the company is Rs 33,734.

The company is listed on the National Stock Exchange (NSE) under the code CUMMINSIND and the Bombay Stock Exchange (BSE) under the code 500480. It has also been included in BSE 200 and BSE 500 indices.

Cummins India Limited operates its business in three segments—engine business, distribution business, and power systems business. The company caters to the requirement of various industries, including agriculture, commercial power, transport, construction, railways, mining, oil, and gas. As of 20 October 2022, the company has a network of over 120 dealership offices, 450 touch points, and more than 3500 engineers serving in India, Nepal, and Bhutan.

As per the shareholding pattern of the company in June 2022, promoters had a 51.00% stake in the company, 19.02% was invested in mutual funds, retail investors had a 13.87% stake in the company, foreign institutional investors or FIIs had 10.35% stake in the company, and the remaining 5.76% was held by other domestic institutions. Top mutual funds in which the company has invested include Edelweiss Mid Cap Direct Growth Plan, SBI Long Term Equity Direct Growth Fund, Kotak Emerging Equity Fund Direct Growth, and the PGIM India Midcap Opportunities Direct Growth Fund.

The company’s management team comprises Mr Steven M Chapman (chairman and non-executive director), Mr Ashwath Ram (managing director), Mr Lorraine Alyn Meyer (non-executive director), Mr Donald Jacksonn (non-executive director), Mr Nasser Munjee (independent director), and Mr Vinaya Joshi (company secretary).

On 20 October 2022, Cummins India shares closed at Rs 1,210.75 at the NSE and Rs 1,209.65 at the BSE. These shares have given a one-year return of 32.91%, and their 52-week high and 52-week low prices are Rs 1,288.35 and Rs 842.65, respectively. The top peers of the company are Grindwell Norton, Thermax, Hindustan Aeronautics, and Bharat Dynamics.

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Cummins India share price as on 14 Mar 2025 is Rs. 2835.25. Over the past 6 months, the Cummins India share price has decreased by 25.83% and in the last one year, it has increased by 2.74%. The 52-week low for Cummins India share price was Rs. 2636.75 and 52-week high was Rs. 4171.9.

Cummins India Limited is an Indian company engaged in the business of manufacturing and selling diesel and natural gas engines and related services, such as fuel systems, air handling, filtration, power generation, and emission solutions. The company was incorporated in 1962 as an entity of Cummins Group in India, with its headquarters in Pune, Maharashtra. As of 20 October 2022, the market capitalisation of the company is Rs 33,734.

The company is listed on the National Stock Exchange (NSE) under the code CUMMINSIND and the Bombay Stock Exchange (BSE) under the code 500480. It has also been included in BSE 200 and BSE 500 indices.

Cummins India Limited operates its business in three segments—engine business, distribution business, and power systems business. The company caters to the requirement of various industries, including agriculture, commercial power, transport, construction, railways, mining, oil, and gas. As of 20 October 2022, the company has a network of over 120 dealership offices, 450 touch points, and more than 3500 engineers serving in India, Nepal, and Bhutan.

As per the shareholding pattern of the company in June 2022, promoters had a 51.00% stake in the company, 19.02% was invested in mutual funds, retail investors had a 13.87% stake in the company, foreign institutional investors or FIIs had 10.35% stake in the company, and the remaining 5.76% was held by other domestic institutions. Top mutual funds in which the company has invested include Edelweiss Mid Cap Direct Growth Plan, SBI Long Term Equity Direct Growth Fund, Kotak Emerging Equity Fund Direct Growth, and the PGIM India Midcap Opportunities Direct Growth Fund.

The company’s management team comprises Mr Steven M Chapman (chairman and non-executive director), Mr Ashwath Ram (managing director), Mr Lorraine Alyn Meyer (non-executive director), Mr Donald Jacksonn (non-executive director), Mr Nasser Munjee (independent director), and Mr Vinaya Joshi (company secretary).

On 20 October 2022, Cummins India shares closed at Rs 1,210.75 at the NSE and Rs 1,209.65 at the BSE. These shares have given a one-year return of 32.91%, and their 52-week high and 52-week low prices are Rs 1,288.35 and Rs 842.65, respectively. The top peers of the company are Grindwell Norton, Thermax, Hindustan Aeronautics, and Bharat Dynamics.

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Cummins India share price as on 14 Mar 2025 is Rs. 2835.25. Over the past 6 months, the Cummins India share price has decreased by 25.83% and in the last one year, it has increased by 2.74%. The 52-week low for Cummins India share price was Rs. 2636.75 and 52-week high was Rs. 4171.9.