Monday, November 16, 2020

CUMMINSIND | Stock to Buy | Price Outlook

 

CUMMINS INDIA

Stock/Share Price: 478


➽ In this article we will discuss recent development in the StockShare of CUMMINSIND in the Stock Market

Recent Key Strengths

Growth in Net Profit with increasing Profit Margin (QoQ)

Company with Low Debt

Book Value per share Improving for last 2 years

Company with Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding

Strong Momentum: Price above short, medium and long term moving averages

MFs increased their shareholding last quarter



Recent Weaknesses

Degrowth in Revenue and Profit

Decline in Quarterly Net Profit (YoY)

Declining Net Cash Flow : Companies not able to generate net cash

Fall in Quarterly Revenue and Net Profit (YoY)



Technical Chart 


Stock is in strong uptrend making higher high and higher low .Stock can test 588 level in the short term  and 874 in long term. Buy on dips strategy should be adopted in every price correction .

Recent Valuation Summary


Dividend Summary

For the year ending March 2020 Cummins India has declared an equity dividend of 700.00% amounting to Rs 14 per share. At the current share price of Rs 478.65 this results in a dividend yield of 2.92%.
The company has a good dividend track report and has consistently declared dividends for the last 5 years.



Recent Financial Summary



Key Balance Sheet Summary



Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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