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CUMMINS DISTRIBUTION MOVE
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...- ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
- Think beyond the war? 8 stocks from different segments of the engineering and capital goods sector, with upside potential of 6 to 42%At this point of time, anything related to the Middle East is in trouble. Unlike past Gulf wars, the whole region is affected this time, wi...
- Reliance Consumer Products acquires majority stake in Australia's Goodness GroupReliance Consumer Products Limited has acquired a majority stake in Australia's Goodness Group Global. This move expands RCPL's presence in...
- FedEx layoffs shocker: why 611 Memphis workers are affected as Cummins moves operations — here’s what led to the massive shakeupFedEx is set to lay off 611 Memphis workers after Cummins shifts its operations to Indianapolis. Here’s what led to the layoffs, how it imp...
- Stock Radar: Value buy post 10% fall from highs? Demand drivers in places for Cummins India which makes it a long term buyMedium-to-long-term investors can look to buy the stock now or on dips for a possible target of Rs 1,800 in 6-12 months, suggest experts
- After defence, will railways theme pay dirt next? Hemang Jani answers“Capex as a theme is in vogue and among investors, there is definitely a liking for some of the companies where the overall performance has...
- Market Movers: Paras Defence rejuvenates IPO mart; Zee Ent’s troubles continueParas Defence & Space Technologies’ listing today has breathed new life into the market and just in time, too, as big wigs such as Paytm, P...
- Demand will hold steady from an export market perspective as most economies around the world are coming: Ajay Patil, CFO, Cummins IndiaIt is a global phenomenon but from a Cummins standpoint we are part of a global integrated supply chain. We definitely are experiencing dif...
- Buy Cummins India, target price Rs 448: Emkay GlobalThe brokerage is positive on the stock in the long term on prospects of the implementation of new emission norms in 2021-22 and resulting n...
- Neutral on Cummins India, target price Rs 360: Motilal OswalThe brokerage has cut its FY21E estimates by 12 per cent to factor slower recovery, but maintain its FY22 estimates.
- Buy Cummins India, fair value Rs 520: Kotak Institutional EquitiesKotak sees scope of 12 per cent growth in revenues for Cummins India over the long term, with distribution business growing at a lower 10 p...
- Use rallies to get out of Cummins, avoid Tata Motors: Dipan Mehta, Elixir EquitiesDipan Mehta, Founder & Director, Elixir Equities, says he does not have much expectation from the Budget and keeping that in mind, not look...
- Irrespective of fundraising, selloff in YES Bank to continue: Rahul Shah, MOFSLPost the QIP, YES Bank stock had reacted negatively and I do not see a major upside in the stock. Irrespective of whether YES Bank manages ...
- Sekura, CLP eye Kalpataru’s power transmission assetsThe government has made a proposal for complete electrification of the Indian Railways over the next four years.
- Why cross industry talent at CEO level is betterWhen it comes to cross-industry moves at the CEO level, like D Shivakumar’s recent move, these are more likely in consumer-facing industrie...
- Remain positive on Indian markets, currency issue being exaggerated: Saurabh Mukherjea, Ambit Capital"We remain positive on India. We are still advising clients to buy India, as we have done over the last year-and-a-half."
- 'We use India to scale up in Africa'F OR Theodore (Tim) M Solso, chairman and chief executive of Cummins Inc, the $13-billion engine, generator and...
- We expect robust revenues from retail customer segment: Cummins IndiaRajiv Batra, CFO, Cummins India Ltd. In an interview with ET Now talks about the company’s plans to enter the retail customer market and al...
- Stocks to watch: EIH, Aditya Birla Nuvo, Suzlon, Tata Power, RIL, GVK Power, Cairn IndiaNew York's main contract, light sweet crude for November delivery rose to $75.83 per barrel. Brent North Sea crude for November delivery mo...
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