Tuesday, March 20, 2018

Cummins India Ltd ( CUMMINSIND )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks


CUMMINSIND closes   at ₹ 755.15   with  a  Fall    of    -1.4   %  %  on    19-March-2018   with formation of  a  Red    Candle    on Daily  Price Chart. Technically,  CUMMINSIND has  entering into a Bearish  Trend.Valuations : We are expecting the Operating Profit growth of 17% for CUMMINSIND for next few years inline of growth in Construction & reality sector.Consisderting this, we have arriaved the valuation of CUMMINSIND 522 at 1.5X of EPV & 348 at 1X of EPV.
We  may    BUY /    Accumulate  CUMMINSIND at  Lower levels ( 348-522)
Target : ₹955
 Stop: Loss : ₹NA
Time Frame: 36  Months
Financials : https://www.screener.in/company/CUMMINSIND/
Disclaimer : We are / may going to take exposure shortly.
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