If you are looking for “ Cummins India share price targets” for upcoming years, you are in the right place. Before we dive into Cummins India Ltd. stock price targets, Let’s understand the Cummins India company background, technical fundamentals etc.
- 1 About Cummins India Ltd.
- 2 Fundamentals of Cummins India Ltd.
- 3 Cummins India Ltd. Share Price Target Details
About Cummins India Ltd.
Cummins India Ltd. is a subsidiary of Cummins Inc., a global power solutions provider. The company was founded in 1962 and is headquartered in Pune, India. Cummins India manufactures and markets engines, power generation equipment, and related components for various applications, including automotive, industrial, and marine. The company has a strong R&D capability and has received several awards for its innovations. Cummins India has a network of over 400 authorized dealers and service centers in India.
Fundamentals of Cummins India Ltd.
Let’s look at the fundamentals of Cummins India, based on which we can get a clear understanding of the expertise in the Diesel Engines sector.
- Current Market Cap: The current market cap of Cummins India as of 3/11/2023, is ₹ 44,374.18
- P/E Ratio: The current price-to-earning ratio of Cummins India is 44.35
- Sales Growth: Sales growth in last 1 year for Cummins India is 41.53 %
- Profit Growth: Profit growth is around 61.44 % in last 1 year
We have done a complete analysis of Cummins India and have come up with its share price targets for upcoming years.
Cummins India’s Current Share Price is ₹1,601
Note: These price targets of “Cummins India” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition are not covered in this analysis.
|Year||Cummins India Share Price Targets (₹)|
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of Cummins India for the year 2023 will be ₹1911
The target share price of Cummins India for the year 2024 will be ₹2066
The target share price of Cummins India for the year 2025 will be ₹2221
The target price of Cummins India for the year 2026 will be ₹2376
The target share price of Cummins India for the years 2027, 2028, 2029, and 2030 will be ₹2531, ₹2686, ₹2841, and ₹2996 respectively.