- Net Income: Cummins India reported a net income of 5.14 billion rupees, marking a 14% increase year-over-year. This figure surpassed the estimated 5.01 billion rupees.
- Revenue Growth: The company’s revenue rose to 30.4 billion rupees, up by 22% compared to the same period last year and exceeding the anticipated 27.89 billion rupees.
- Increased Costs: Total costs increased by 25% year-over-year, reaching 25.4 billion rupees.
- Additional Income: Other income stood at 1.21 billion rupees, showing a 6.1% rise from the previous year.
- Dividend Information: The dividend declared per share is 18 rupees.
- Investor Recommendations: Analysts have given 13 buy ratings, 5 hold ratings, and 9 sell ratings for the company’s stock.
A look at Cummins India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Cummins India, the company shows a strong long-term outlook. With a top score of 5 in dividends and resilience, Cummins India demonstrates a commitment to rewarding its investors and withstanding market challenges. The company also scores well in growth, indicating potential for expansion and development in the future. However, the scores for value and momentum are lower, suggesting that the stock may be trading at a premium and may not be experiencing strong short-term price movements. Overall, Cummins India‘s focus on dividends, resilience, and growth bodes well for its sustained success in the market.
Cummins India Limited, a manufacturer of internal combustion engines and generating sets, is positioned for long-term success according to its Smartkarma Smart Scores. The company’s strong emphasis on dividends and resilience means it is likely to provide consistent returns to its shareholders and endure economic challenges. Additionally, Cummins India‘s growth score indicates potential for expansion and innovation. Despite lower scores in value and momentum, the company’s core strengths in dividends, resilience, and growth make it a promising investment option for investors seeking steady long-term growth.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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