Cummins India Ltd.
*Cummins India Ltd.*
Cup & Handle Pattern: Weekly/Monthly Basis
Rectangular Consolidation BreakOut
Price BreakOut/Volume Consolidation & Now Built-Up
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company*
Co. is part of Cummins Inc. Group USA. Designs, manufactures, distributes and services diesel and alternative fuel engines.
Demand outlook is improving across end markets. Pent-up demand
expected to play out for a few months.
Started building prototypes for hydrogen application and is participating in Govt. tenders.
Improving Qtrly Sales/ Yrly Sales improving on TTM Basis.
Stable/Improving Profitability.
Low Equity. Strong TNW. Negligible Debt. High C&CE.
Strong Ops. Cash Flows. Stable WC Cycle. Double Digits RoA/RoE/ROCE
FII stake increasing since Sep'20.
Dividend Paying Co.
*Concern:*
High PE. DII Stake reduced.
Supply chain constraint related to semi-conductors is still impacting revenues
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
Cup & Handle Pattern: Weekly/Monthly Basis
Rectangular Consolidation BreakOut
Price BreakOut/Volume Consolidation & Now Built-Up
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company*
Co. is part of Cummins Inc. Group USA. Designs, manufactures, distributes and services diesel and alternative fuel engines.
Demand outlook is improving across end markets. Pent-up demand
expected to play out for a few months.
Started building prototypes for hydrogen application and is participating in Govt. tenders.
Improving Qtrly Sales/ Yrly Sales improving on TTM Basis.
Stable/Improving Profitability.
Low Equity. Strong TNW. Negligible Debt. High C&CE.
Strong Ops. Cash Flows. Stable WC Cycle. Double Digits RoA/RoE/ROCE
FII stake increasing since Sep'20.
Dividend Paying Co.
*Concern:*
High PE. DII Stake reduced.
Supply chain constraint related to semi-conductors is still impacting revenues
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.