CUMMINS INDIA (India) Today

CUMMINSIND -  India Stock  

INR 837.20  14.95  1.75%

CUMMINS INDIA is selling at 837.20 as of the 31st of July 2021; that is -1.75 percent decrease since the beginning of the trading day. The stock's lowest day price was 822.0. CUMMINS INDIA has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for CUMMINS INDIA LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of August 2019 and ending today, the 31st of July 2021. Click here to learn more.
 Market Performance
2 of 100
  Odds Of Distress
Less than 28
Follow Valuation Odds of Bankruptcy
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CUMMINS INDIA Stock Profile

Cummins India Limited designs, manufactures, distributes, and services engines, generator sets, and related technologies in India. The company was founded in 1962 and is headquartered in Pune, India. CUMMINS INDIA operates under Specialty Industrial Machinery classification in India and is traded on Bombay Stock Exchange. more on CUMMINS INDIA
About 51.0% of the company shares are held by company insiders
Legal NameCUMMINS INDIA LTD
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of CUMMINS INDIA's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
CUMMINS INDIA LTD (CUMMINSIND) is traded on Bombay Stock Exchange in India and employs 3,669 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 238.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CUMMINS INDIA's market, we take the total number of its shares issued and multiply it by CUMMINS INDIA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. CUMMINS INDIA LTD operates under Industrials sector and is part of Specialty Industrial Machinery industry. The entity has 277.2 M outstanding shares. CUMMINS INDIA LTD has accumulated about 13.84 B in cash with 6.01 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 49.93.
Check CUMMINS INDIA Probability Of Bankruptcy
Ownership
CUMMINS INDIA LTD retains a total of 277.2 Million outstanding shares. CUMMINS INDIA LTD retains noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check CUMMINS Ownership Details

CUMMINS Stock Price Odds Analysis

What are CUMMINS INDIA's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of CUMMINS INDIA jumping above the current price in 90 days from now is about 54.99%. The CUMMINS INDIA LTD probability density function shows the probability of CUMMINS INDIA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon CUMMINS INDIA has a beta of 0.0634 suggesting as returns on the market go up, CUMMINS INDIA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CUMMINS INDIA LTD will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. CUMMINS INDIA LTD is significantly underperforming DOW.
 Odds Down 837.2HorizonTargetOdds Up 837.2 
44.66%90 days
 837.20 
54.99%
Based on a normal probability distribution, the odds of CUMMINS INDIA to move above the current price in 90 days from now is about 54.99 (This CUMMINS INDIA LTD probability density function shows the probability of CUMMINS Stock to fall within a particular range of prices over 90 days) .

CUMMINS INDIA LTD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. CUMMINS INDIA market risk premium is the additional return an investor will receive from holding CUMMINS INDIA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in CUMMINS INDIA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although CUMMINS INDIA's alpha and beta are two of the key measurements used to evaluate CUMMINS INDIA's performance over the market, the standard measures of volatility play an important role as well.

CUMMINS Stock Against Markets

Picking the right benchmark for CUMMINS INDIA stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CUMMINS INDIA stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CUMMINS INDIA is critical whether you are bullish or bearish towards CUMMINS INDIA LTD at a given time.

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Our tools can tell you how much better you can do entering a position in CUMMINS INDIA without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Continue to Trending Equities. Note that the CUMMINS INDIA LTD information on this page should be used as a complementary analysis to other CUMMINS INDIA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Other Tools for CUMMINS Stock

When running CUMMINS INDIA LTD price analysis, check to measure CUMMINS INDIA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CUMMINS INDIA is operating at the current time. Most of CUMMINS INDIA's value examination focuses on studying past and present price action to predict the probability of CUMMINS INDIA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CUMMINS INDIA's price. Additionally, you may evaluate how the addition of CUMMINS INDIA to your portfolios can decrease your overall portfolio volatility.
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