Buy Cummins India, target Rs 980: Sagar Doshi

Buy Cummins India Ltd. at a price target of Rs 980.0 and a stop loss at Rs 900 from entry point.

Sagar Doshi of Edelweiss Financial Services has a buy call on Cummins India with a target price of Rs 980.

The current market price of Cummins India is Rs 921.50.

Time period given by the analyst is 'Intra Day' when Cummins India price can reach defined target.

Sagar Doshi recommended to keep a stop loss at Rs 900.

Cummins India, incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 25,543.98 Crore) operating in Engineering sector.

The company’s top management includes Mr.Antonio Leitao, Mr.J M Barrowman, Mr.Mark Andrew Smith, Mr.Nasser Munjee, Mr.Nicole Mcdonald, Mr.Norbert Nusterer, Mr.P M Telang, Mr.P S Dasgupta, Mr.Pradeep Bhargava, Mr.Pradeep Kumar Bhargava, Mr.Rajeev Bakshi, Mr.Venu Srinivasan, Ms.Suzanne Wells.
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Company has S R B C & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 277,200,000 shares outstanding.
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