22-Oct-2026 09:51:50
CUMMINSINDGeneral news
KOTAK SECURITIES ON CUMMINS ; BUY | TP ₹5,300
• Data center business expected to lift 3-year revenue CAGR to ~8% from ~5%. • Cummins can leverage its distribution network, supply-chain strengths and parent’s hyperscaler relationships. • PAT CAGR estimated at ~16% over FY26–30. • Stock trades at ~39x FY28E EPS.
CUMMINS INDIA LTD