Cummins India
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July 9 (Reuters) - Cummins India Ltd CUMM.NS:
CUMMINS INDIA - INCOME TAX DEPARTMENT FILES APPEAL AGAINST INCOME TAX APPELLATE TRIBUNAL ORDER GRANTING 2.11 BILLION RUPEES RELIEF TO CO
Source text: ID:nBSE7RN6j
Further company coverage: CUMM.NS
(([email protected];;))
July 9 (Reuters) - Cummins India Ltd CUMM.NS:
CUMMINS INDIA - INCOME TAX DEPARTMENT FILES APPEAL AGAINST INCOME TAX APPELLATE TRIBUNAL ORDER GRANTING 2.11 BILLION RUPEES RELIEF TO CO
Source text: ID:nBSE7RN6j
Further company coverage: CUMM.NS
(([email protected];;))
- Navan struck a partnership with Cummins to overhaul the manufacturer’s corporate travel and expense program following a comprehensive review.
- Platform will support travel for more than 60,000 Cummins employees across more than 60 countries.
- Deal centers on 24/7 AI-enabled traveler support, mobile self-booking, broader global inventory, plus tighter automation-driven cost controls.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Navan Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260624954525) on June 25, 2026, and is solely responsible for the information contained therein.
- Navan struck a partnership with Cummins to overhaul the manufacturer’s corporate travel and expense program following a comprehensive review.
- Platform will support travel for more than 60,000 Cummins employees across more than 60 countries.
- Deal centers on 24/7 AI-enabled traveler support, mobile self-booking, broader global inventory, plus tighter automation-driven cost controls.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Navan Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260624954525) on June 25, 2026, and is solely responsible for the information contained therein.
By Abhinav Parmar
June 24 (Reuters) - Engines maker Cummins India CUMM.NS is banking on strong domestic demand to drive fiscal 2027 growth even as uncertainty over lasting peace in the Middle East is likely to keep exports under pressure, a top executive said.
The U.S.-Iran war has raised production, commodity and logistics costs for Indian companies, and weakened export demand across several markets due to supply-chain challenges.
Calling the situation "uncharted territory", Managing Director Shveta Arya told Reuters that it was difficult to predict how the fragile U.S.-Iran peace negotiations would impact the business.
Exports, which made up about 17% of revenue in fiscal 2026, fell roughly 6% year-on-year in the March quarter and are likely to remain subdued this fiscal, Arya said.
Still, Cummins India expects to deliver double-digit revenue growth even if exports stay flat for 2027. "We still have great growth coming in from all our domestic businesses. So we maximise on that," she said.
India's infrastructure push is lifting demand, with the federal government capital spending set to hit a record 12.2 trillion rupees ($128.90 billion) in fiscal 2027, up 11.4% on-year.
The company, a unit of U.S.-based Cummins CMI.N, counts state-run firms such as Indian Railways, heavy equipment maker BEML and oil explorer ONGC among its largest long-term customers.
The firm expects infrastructure projects across India, such as new airports, data centres, ports and railways to lead domestic demand.
Data centres account for about 30%-35% of its overall power generation revenue, while the commercial marine sector — tugboats, cargo-support vessels and port-related applications — could emerge as the next growth lever as government investment rises, Arya said.
($1 = 94.6450 Indian rupees)
(Reporting by Abhinav Parmar in Bengaluru; Editing by Janane Venkatraman)
(([email protected];))
By Abhinav Parmar
June 24 (Reuters) - Engines maker Cummins India CUMM.NS is banking on strong domestic demand to drive fiscal 2027 growth even as uncertainty over lasting peace in the Middle East is likely to keep exports under pressure, a top executive said.
The U.S.-Iran war has raised production, commodity and logistics costs for Indian companies, and weakened export demand across several markets due to supply-chain challenges.
Calling the situation "uncharted territory", Managing Director Shveta Arya told Reuters that it was difficult to predict how the fragile U.S.-Iran peace negotiations would impact the business.
Exports, which made up about 17% of revenue in fiscal 2026, fell roughly 6% year-on-year in the March quarter and are likely to remain subdued this fiscal, Arya said.
Still, Cummins India expects to deliver double-digit revenue growth even if exports stay flat for 2027. "We still have great growth coming in from all our domestic businesses. So we maximise on that," she said.
India's infrastructure push is lifting demand, with the federal government capital spending set to hit a record 12.2 trillion rupees ($128.90 billion) in fiscal 2027, up 11.4% on-year.
The company, a unit of U.S.-based Cummins CMI.N, counts state-run firms such as Indian Railways, heavy equipment maker BEML and oil explorer ONGC among its largest long-term customers.
The firm expects infrastructure projects across India, such as new airports, data centres, ports and railways to lead domestic demand.
Data centres account for about 30%-35% of its overall power generation revenue, while the commercial marine sector — tugboats, cargo-support vessels and port-related applications — could emerge as the next growth lever as government investment rises, Arya said.
($1 = 94.6450 Indian rupees)
(Reporting by Abhinav Parmar in Bengaluru; Editing by Janane Venkatraman)
(([email protected];))
- Cummins signed an agreement with Circe Energy to supply high-powered natural gas generator sets for an AI-focused HPC data center microgrid in West Texas.
- Deliveries are scheduled from 2026 through 2030, using HSK78 (C2000N6CD) and QSK60 (C1400N6) generator platforms.
- Equipment is set to provide behind-the-meter prime power, reducing reliance on the grid amid interconnection delays and capacity constraints.
- Circe’s West Texas campus targets modular phased energization starting in 2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cummins Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260616069208) on June 16, 2026, and is solely responsible for the information contained therein.
- Cummins signed an agreement with Circe Energy to supply high-powered natural gas generator sets for an AI-focused HPC data center microgrid in West Texas.
- Deliveries are scheduled from 2026 through 2030, using HSK78 (C2000N6CD) and QSK60 (C1400N6) generator platforms.
- Equipment is set to provide behind-the-meter prime power, reducing reliance on the grid amid interconnection delays and capacity constraints.
- Circe’s West Texas campus targets modular phased energization starting in 2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cummins Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260616069208) on June 16, 2026, and is solely responsible for the information contained therein.
** Cummins India CUMM.NS posts a 23% rise in fourth-quarter profit, income from operations up 22%
** Shares down 2.4% at 5,741.5 rupees in morning trading
STREET BULLISH ON GROWTH PROSPECTS, FLAG EXPORT RISKS
** Jefferies ("buy," PT: 7,100 rupees) says data centres should continue to be the sweetener on core growth
"Solar cell manufacturing, pharma, commercial and luxury residential realty, and quick commerce are also driving power gen demand," Jefferies says
** Citi Research ("buy," PT: 6,700 rupees) says distribution should continue to get a boost in FY27 and beyond, as FY26 growth was driven by higher volumes
** HSBC ("buy," PT: 6,500 rupees) says strong powergen and distribution growth drives profit rise in fourth quarter; expects company to deliver mid-teens earnings growth with solid cash conversion
** Phillip Capital ("buy," PT: 6,600 rupees) says management commentary continued to indicate robust inquiry pipelines and healthy order visibility despite macro uncertainty
** IDBI Capital ("sell," PT: 5,046 rupees) says outlook on exports remains uncertain especially amid tensions in the Middle East
(Reporting by Abhinav Parmar in Bengaluru)
(([email protected];))
** Cummins India CUMM.NS posts a 23% rise in fourth-quarter profit, income from operations up 22%
** Shares down 2.4% at 5,741.5 rupees in morning trading
STREET BULLISH ON GROWTH PROSPECTS, FLAG EXPORT RISKS
** Jefferies ("buy," PT: 7,100 rupees) says data centres should continue to be the sweetener on core growth
"Solar cell manufacturing, pharma, commercial and luxury residential realty, and quick commerce are also driving power gen demand," Jefferies says
** Citi Research ("buy," PT: 6,700 rupees) says distribution should continue to get a boost in FY27 and beyond, as FY26 growth was driven by higher volumes
** HSBC ("buy," PT: 6,500 rupees) says strong powergen and distribution growth drives profit rise in fourth quarter; expects company to deliver mid-teens earnings growth with solid cash conversion
** Phillip Capital ("buy," PT: 6,600 rupees) says management commentary continued to indicate robust inquiry pipelines and healthy order visibility despite macro uncertainty
** IDBI Capital ("sell," PT: 5,046 rupees) says outlook on exports remains uncertain especially amid tensions in the Middle East
(Reporting by Abhinav Parmar in Bengaluru)
(([email protected];))
BENGALURU, May 27 (Reuters) - Diary of India economic, corporate events on May 27
ECONOMIC, CORPORATE .BSE500 EVENTS:
Start Date | Start Time | RIC | Company Name | Event Name |
27-May-2026 | NTS | AISG.NS | Asahi India Glass Ltd | Q4 2026 Asahi India Glass Ltd Earnings Release |
27-May-2026 | NTS | BATA.NS | Bata India Ltd | Q4 2026 Bata India Ltd Earnings Release |
27-May-2026 | NTS | CUMM.NS | Cummins India Ltd | Q4 2026 Cummins India Ltd Earnings Release |
27-May-2026 | NTS | ELGE.NS | Elgi Equipments Ltd | Q4 2026 Elgi Equipments Ltd Earnings Release |
27-May-2026 | NTS | GABR.NS | Gabriel India Ltd | Q4 2026 Gabriel India Ltd Earnings Release |
27-May-2026 | NTS | GILE.NS | Gillette India Ltd | Q4 2026 Gillette India Ltd Earnings Release |
27-May-2026 | NTS | GMRI.NS | GMR Airports Ltd (India) | Q4 2026 GMR Airports Ltd Earnings Release |
27-May-2026 | NTS | PGEL.NS | PG Electroplast Ltd | Q4 2026 PG Electroplast Ltd Earnings Release |
NTS - 'No time scheduled'
(Compiled by Bengaluru Newsroom)
BENGALURU, May 27 (Reuters) - Diary of India economic, corporate events on May 27
ECONOMIC, CORPORATE .BSE500 EVENTS:
Start Date | Start Time | RIC | Company Name | Event Name |
27-May-2026 | NTS | AISG.NS | Asahi India Glass Ltd | Q4 2026 Asahi India Glass Ltd Earnings Release |
27-May-2026 | NTS | BATA.NS | Bata India Ltd | Q4 2026 Bata India Ltd Earnings Release |
27-May-2026 | NTS | CUMM.NS | Cummins India Ltd | Q4 2026 Cummins India Ltd Earnings Release |
27-May-2026 | NTS | ELGE.NS | Elgi Equipments Ltd | Q4 2026 Elgi Equipments Ltd Earnings Release |
27-May-2026 | NTS | GABR.NS | Gabriel India Ltd | Q4 2026 Gabriel India Ltd Earnings Release |
27-May-2026 | NTS | GILE.NS | Gillette India Ltd | Q4 2026 Gillette India Ltd Earnings Release |
27-May-2026 | NTS | GMRI.NS | GMR Airports Ltd (India) | Q4 2026 GMR Airports Ltd Earnings Release |
27-May-2026 | NTS | PGEL.NS | PG Electroplast Ltd | Q4 2026 PG Electroplast Ltd Earnings Release |
NTS - 'No time scheduled'
(Compiled by Bengaluru Newsroom)
- Cummins published a presentation for its analyst and shareholder meeting, outlining plans to raise its 2030 financial targets for growth and profitability versus its prior Analyst Day.
- The materials also flag expanded large-engine capacity and product investments aimed at strengthening positioning in mining and power generation, citing rising demand.
- The presentation points to expected drivers of profitable growth that include new product content, customer wins, a growing aftermarket, capacity expansion, and scaling into prime power.
- The presentation is available at https://d1io3yog0oux5.cloudfront.net/_ebfb6220a60b6de4ba1ebd61074be19a/cummins/news/2026-05-21_Cummins_Raises_2030_Financial_Targets_Announces_696.pdf.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cummins Inc. published the original content used to generate this news brief on May 21, 2026, and is solely responsible for the information contained therein.
- Cummins published a presentation for its analyst and shareholder meeting, outlining plans to raise its 2030 financial targets for growth and profitability versus its prior Analyst Day.
- The materials also flag expanded large-engine capacity and product investments aimed at strengthening positioning in mining and power generation, citing rising demand.
- The presentation points to expected drivers of profitable growth that include new product content, customer wins, a growing aftermarket, capacity expansion, and scaling into prime power.
- The presentation is available at https://d1io3yog0oux5.cloudfront.net/_ebfb6220a60b6de4ba1ebd61074be19a/cummins/news/2026-05-21_Cummins_Raises_2030_Financial_Targets_Announces_696.pdf.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cummins Inc. published the original content used to generate this news brief on May 21, 2026, and is solely responsible for the information contained therein.
- C3.ai won a unanimous Delaware Superior Court jury verdict on May 19, 2026, finding Cummins liable for misappropriation of trade secrets.
- The case was filed in November 2023, alleging Cummins, a licensee, used C3.ai trade secrets.
- C3.ai said it discovered the alleged plan after a Cummins employee inadvertently shared internal meeting notes.
- The company said it sought to resolve the dispute before trial, including a demand letter and proposed in-person meetings that were later canceled.
- The announcement cited a separate Justice Department matter in which Cummins agreed in principle in December 2023 to settle Clean Air Act claims for USD 1.68 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. C3.ai Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260520553066) on May 20, 2026, and is solely responsible for the information contained therein.
- C3.ai won a unanimous Delaware Superior Court jury verdict on May 19, 2026, finding Cummins liable for misappropriation of trade secrets.
- The case was filed in November 2023, alleging Cummins, a licensee, used C3.ai trade secrets.
- C3.ai said it discovered the alleged plan after a Cummins employee inadvertently shared internal meeting notes.
- The company said it sought to resolve the dispute before trial, including a demand letter and proposed in-person meetings that were later canceled.
- The announcement cited a separate Justice Department matter in which Cummins agreed in principle in December 2023 to settle Clean Air Act claims for USD 1.68 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. C3.ai Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260520553066) on May 20, 2026, and is solely responsible for the information contained therein.
- Cummins VP and President, Engine Business Brett Michael Merritt sold 701 shares May 11, 2026 at USD 688.75.
- Directly held common shares stood at 10,404 after transaction.
- An additional 113 shares were held indirectly through Cummins 401(k) plan.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cummins Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001225208-26-005176), on May 12, 2026, and is solely responsible for the information contained therein.
- Cummins VP and President, Engine Business Brett Michael Merritt sold 701 shares May 11, 2026 at USD 688.75.
- Directly held common shares stood at 10,404 after transaction.
- An additional 113 shares were held indirectly through Cummins 401(k) plan.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cummins Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001225208-26-005176), on May 12, 2026, and is solely responsible for the information contained therein.
- Cummins EVP and President of Operations Bonnie J. Fetch sold 652 common shares on May 11, 2026 at USD 700.19 per share.
- Direct holdings fell to 11,679 common shares following transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cummins Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001225208-26-005123), on May 11, 2026, and is solely responsible for the information contained therein.
- Cummins EVP and President of Operations Bonnie J. Fetch sold 652 common shares on May 11, 2026 at USD 700.19 per share.
- Direct holdings fell to 11,679 common shares following transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cummins Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001225208-26-005123), on May 11, 2026, and is solely responsible for the information contained therein.
- Cummins Q1 2026 revenue rose 3% to USD 8.4 billion; net income attributable to shareholders fell to USD 654 million, or USD 4.71 per diluted share.
- EBITDA narrowed to USD 1.3 billion, or 15.4% of sales; results included USD 199 million charge tied to sale of low-pressure fuel cell business.
- International revenue climbed 16% while North America sales slipped 6%, with record performance cited in Power Systems on strong data center backup power demand.
- Full-year revenue outlook raised to growth of 8% to 11%; EBITDA margin forecast lifted to 17.75%-18.5%, excluding Q1 fuel cell-related charges.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cummins Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260505033681) on May 05, 2026, and is solely responsible for the information contained therein.
- Cummins Q1 2026 revenue rose 3% to USD 8.4 billion; net income attributable to shareholders fell to USD 654 million, or USD 4.71 per diluted share.
- EBITDA narrowed to USD 1.3 billion, or 15.4% of sales; results included USD 199 million charge tied to sale of low-pressure fuel cell business.
- International revenue climbed 16% while North America sales slipped 6%, with record performance cited in Power Systems on strong data center backup power demand.
- Full-year revenue outlook raised to growth of 8% to 11%; EBITDA margin forecast lifted to 17.75%-18.5%, excluding Q1 fuel cell-related charges.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cummins Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260505033681) on May 05, 2026, and is solely responsible for the information contained therein.
- Cummins Clean Fuel Technologies, joint venture between Cummins and Rush Enterprises, introduced internally designed Type 4 CNG tank aimed at Class 6-8 natural gas trucks.
- Tank uses fully carbon fiber-wrapped polymer liner to cut weight, support payload capacity, improve vehicle efficiency.
- Design targets integration with CCFT fuel delivery systems to simplify packaging, installation, uptime in heavy-duty applications.
- Product developed with technology sharing from NPROXX, Cummins wholly owned composite pressure vessel unit.
- Manufacturing set at CCFT facility in Dallas-Fort Worth region as part of localized production strategy.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rush Enterprises Inc. published the original content used to generate this news brief on May 04, 2026, and is solely responsible for the information contained therein.
- Cummins Clean Fuel Technologies, joint venture between Cummins and Rush Enterprises, introduced internally designed Type 4 CNG tank aimed at Class 6-8 natural gas trucks.
- Tank uses fully carbon fiber-wrapped polymer liner to cut weight, support payload capacity, improve vehicle efficiency.
- Design targets integration with CCFT fuel delivery systems to simplify packaging, installation, uptime in heavy-duty applications.
- Product developed with technology sharing from NPROXX, Cummins wholly owned composite pressure vessel unit.
- Manufacturing set at CCFT facility in Dallas-Fort Worth region as part of localized production strategy.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rush Enterprises Inc. published the original content used to generate this news brief on May 04, 2026, and is solely responsible for the information contained therein.
- Standard Dental Labs (OTCQB: TUTH) appointed Brendan Cummins to board of directors, effective April 17, 2026.
- Cummins brings more than 35 years of capital markets and strategic growth experience across public and private markets.
- His background includes transaction structuring and growth work in real estate and alternative investments.
- Standard Dental Labs said board expansion supports acquisition strategy as it pursues multiple Florida lab deals under letters of intent.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Standard Dental Labs Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604200800PRIMZONEFULLFEED9692742) on April 20, 2026, and is solely responsible for the information contained therein.
- Standard Dental Labs (OTCQB: TUTH) appointed Brendan Cummins to board of directors, effective April 17, 2026.
- Cummins brings more than 35 years of capital markets and strategic growth experience across public and private markets.
- His background includes transaction structuring and growth work in real estate and alternative investments.
- Standard Dental Labs said board expansion supports acquisition strategy as it pursues multiple Florida lab deals under letters of intent.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Standard Dental Labs Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604200800PRIMZONEFULLFEED9692742) on April 20, 2026, and is solely responsible for the information contained therein.
March 29 (Reuters) - Cummins India Ltd CUMM.NS:
CUMMINS INDIA LTD - RECEIVES TAX DEMAND OF 525.6 MILLION RUPEES AND PENALTY OF 525.6 MILLION RUPEES
Source text: ID:nNSE5j2ScY
Further company coverage: CUMM.NS
(([email protected];))
March 29 (Reuters) - Cummins India Ltd CUMM.NS:
CUMMINS INDIA LTD - RECEIVES TAX DEMAND OF 525.6 MILLION RUPEES AND PENALTY OF 525.6 MILLION RUPEES
Source text: ID:nNSE5j2ScY
Further company coverage: CUMM.NS
(([email protected];))
Laser Photonics said its CleanTech laser cleaning system has been integrated into engine maintenance processes at a Cummins facility. The company said the deployment follows a prior CleanTech deployment with another Cummins division. Laser Photonics said the system is used to remove rust, carbon buildup, and coatings without chemicals or abrasive media.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Laser Photonics Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202603130831ACCESSWRNAPR_____1147352) on March 13, 2026, and is solely responsible for the information contained therein.
Laser Photonics said its CleanTech laser cleaning system has been integrated into engine maintenance processes at a Cummins facility. The company said the deployment follows a prior CleanTech deployment with another Cummins division. Laser Photonics said the system is used to remove rust, carbon buildup, and coatings without chemicals or abrasive media.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Laser Photonics Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202603130831ACCESSWRNAPR_____1147352) on March 13, 2026, and is solely responsible for the information contained therein.
A proposed securities class action settlement involving Cummins Inc. is pending in the U.S. District Court for the Southern District of Indiana. The deal would cover investors who bought Cummins publicly traded common stock between Feb. 11, 2019 and Dec. 21, 2023, and includes $1.6 million in consideration, with a court fairness hearing set for May 21, 2026. Claim, exclusion, and objection deadlines are April 23, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cummins Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603050900PRIMZONEFULLFEED9660190) on March 05, 2026, and is solely responsible for the information contained therein.
A proposed securities class action settlement involving Cummins Inc. is pending in the U.S. District Court for the Southern District of Indiana. The deal would cover investors who bought Cummins publicly traded common stock between Feb. 11, 2019 and Dec. 21, 2023, and includes $1.6 million in consideration, with a court fairness hearing set for May 21, 2026. Claim, exclusion, and objection deadlines are April 23, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cummins Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603050900PRIMZONEFULLFEED9660190) on March 05, 2026, and is solely responsible for the information contained therein.
** Tata Motors TATM.NS, Cummins India CUMM.NS to see fund inflows of $173 mln and $114 mln, respectively - highest among 6 stocks to included in Nifty Next 50 index, Nuvama says
** Adds ICICI Lombard General Insurance ICIL.NS, Info Edge (India) INED.NS expected to see outflow of $86 mln and $76 mln, respectively - highest among stocks being removed from index
** Nifty indexes semi-annual rejig set for March 27
** TATM falls 0.6%; CUMM nearly flat
** ICIL, INED down 1.2% and 3.3%, respectively
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** Tata Motors TATM.NS, Cummins India CUMM.NS to see fund inflows of $173 mln and $114 mln, respectively - highest among 6 stocks to included in Nifty Next 50 index, Nuvama says
** Adds ICICI Lombard General Insurance ICIL.NS, Info Edge (India) INED.NS expected to see outflow of $86 mln and $76 mln, respectively - highest among stocks being removed from index
** Nifty indexes semi-annual rejig set for March 27
** TATM falls 0.6%; CUMM nearly flat
** ICIL, INED down 1.2% and 3.3%, respectively
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
Feb 5 (Reuters) - U.S. truck engine maker Cummins CMI.N on Thursday posted a marginal rise in fourth-quarter revenue, on the back of strong demand for its power generation systems and distribution segments.
Cummins softened the hit in its engine and components segments from weaker North American truck demand by leaning on strong distribution and power systems segments sales on the back of robust demand for data center backup power.
"Power Systems (sales) while up 11% year-on-year was below expectations, which have continued to climb through 2025," analysts said in a Jefferies note.
Shares of the Columbus, Indiana-based company fell nearly 6% before the bell.
Along with the rise in sales in the Power Systems segment - which manufactures generators, its Distribution segment - which handles global sales, service and support - rose 7% in the reported quarter from a year earlier. Revenue at Accelera was up 31%.
As part of Cummins' strategic review of its clean energy segment, Accelera, initiated in response to policy driven shifts in hydrogen adoption expectations, the company incurred charges of $218 million related to the electrolyzer business within the segment.
Quarterly profit rose by 41% from a year ago to $4.27 per share. This includes charges of $1.54 per share related to Accelera.
"In 2026, we anticipate that demand will be slightly better in the North America on-highway truck markets, particularly in the second half of the year, paired with continued strength in data center power generation markets," said CEO Jennifer Rumsey.
Cummins forecast full-year 2026 revenue in the range of up 3% to 8%.
Cummins' fourth-quarter revenue rose 1% to $8.54 billion.
(Reporting by Apratim Sarkar in Bengaluru; Editing by Shailesh Kuber)
(([email protected];))
Feb 5 (Reuters) - U.S. truck engine maker Cummins CMI.N on Thursday posted a marginal rise in fourth-quarter revenue, on the back of strong demand for its power generation systems and distribution segments.
Cummins softened the hit in its engine and components segments from weaker North American truck demand by leaning on strong distribution and power systems segments sales on the back of robust demand for data center backup power.
"Power Systems (sales) while up 11% year-on-year was below expectations, which have continued to climb through 2025," analysts said in a Jefferies note.
Shares of the Columbus, Indiana-based company fell nearly 6% before the bell.
Along with the rise in sales in the Power Systems segment - which manufactures generators, its Distribution segment - which handles global sales, service and support - rose 7% in the reported quarter from a year earlier. Revenue at Accelera was up 31%.
As part of Cummins' strategic review of its clean energy segment, Accelera, initiated in response to policy driven shifts in hydrogen adoption expectations, the company incurred charges of $218 million related to the electrolyzer business within the segment.
Quarterly profit rose by 41% from a year ago to $4.27 per share. This includes charges of $1.54 per share related to Accelera.
"In 2026, we anticipate that demand will be slightly better in the North America on-highway truck markets, particularly in the second half of the year, paired with continued strength in data center power generation markets," said CEO Jennifer Rumsey.
Cummins forecast full-year 2026 revenue in the range of up 3% to 8%.
Cummins' fourth-quarter revenue rose 1% to $8.54 billion.
(Reporting by Apratim Sarkar in Bengaluru; Editing by Shailesh Kuber)
(([email protected];))
Feb 4 (Reuters) - Cummins India Ltd CUMM.NS:
CUMMINS INDIA Q3 CONSOL PAT 4.86 BILLION RUPEES
CUMMINS INDIA Q3 CONSOL INCOME FROM OPERATIONS 30.06 BILLION RUPEES
CUMMINS INDIA LTD - DECLARES INTERIM DIVIDEND OF 20 RUPEES PER SHARE
Source text: [ID:]
Further company coverage: CUMM.NS
(([email protected];))
Feb 4 (Reuters) - Cummins India Ltd CUMM.NS:
CUMMINS INDIA Q3 CONSOL PAT 4.86 BILLION RUPEES
CUMMINS INDIA Q3 CONSOL INCOME FROM OPERATIONS 30.06 BILLION RUPEES
CUMMINS INDIA LTD - DECLARES INTERIM DIVIDEND OF 20 RUPEES PER SHARE
Source text: [ID:]
Further company coverage: CUMM.NS
(([email protected];))
American Power Group Corporation has received approval from the U.S. Environmental Protection Agency (EPA) to convert Cummins X15 heavy-duty diesel engine model years 2018-2023 to its V7000 dual fuel solution. This approval expands the company's existing set of EPA engine family conversion approvals, which now cover Cummins 14.9L ISX and X15 engines from model years 2005 through 2023. The company has also requested the EPA to extend the approval to include engine model year 2024. The dual fuel solution, verified through third-party emissions testing, allows heavy-duty truck fleets to use natural gas alongside diesel fuel.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Power Group Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1129014) on January 20, 2026, and is solely responsible for the information contained therein.
American Power Group Corporation has received approval from the U.S. Environmental Protection Agency (EPA) to convert Cummins X15 heavy-duty diesel engine model years 2018-2023 to its V7000 dual fuel solution. This approval expands the company's existing set of EPA engine family conversion approvals, which now cover Cummins 14.9L ISX and X15 engines from model years 2005 through 2023. The company has also requested the EPA to extend the approval to include engine model year 2024. The dual fuel solution, verified through third-party emissions testing, allows heavy-duty truck fleets to use natural gas alongside diesel fuel.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Power Group Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1129014) on January 20, 2026, and is solely responsible for the information contained therein.
Wes Cummins, CEO and Chairman of Applied Digital Corporation, reported a disposal of common shares of Applied Digital Corporation. The full filing can be accessed through the link below.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applied Digital Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001144879-26-000012), on January 16, 2026, and is solely responsible for the information contained therein.
Wes Cummins, CEO and Chairman of Applied Digital Corporation, reported a disposal of common shares of Applied Digital Corporation. The full filing can be accessed through the link below.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applied Digital Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001144879-26-000012), on January 16, 2026, and is solely responsible for the information contained therein.
Nov 6 (Reuters) - Cummins India Ltd CUMM.NS:
CUMMINS INDIA Q2 CONSOL PAT 6.22 BILLION RUPEES
CUMMINS INDIA Q2 CONSOL INCOME FROM OPERATIONS 31.22 BILLION RUPEES
Source text: ID:nBSE6HkhvP
Further company coverage: CUMM.NS
(([email protected];;))
Nov 6 (Reuters) - Cummins India Ltd CUMM.NS:
CUMMINS INDIA Q2 CONSOL PAT 6.22 BILLION RUPEES
CUMMINS INDIA Q2 CONSOL INCOME FROM OPERATIONS 31.22 BILLION RUPEES
Source text: ID:nBSE6HkhvP
Further company coverage: CUMM.NS
(([email protected];;))
Updates with DOE statement, more details
Possibly on chopping block: GM EV plant funding in Lansing, Michigan
Stellantis Illinois electric truck plant also potential target
Blue Bird electric school bus plant could also get funds cut
By Valerie Volcovici, David Shepardson and Nichola Groom
WASHINGTON, Oct 7 (Reuters) -
The U.S. government is considering cancelling billions of dollars in funding for clean energy programs, including awards for auto manufacturing and carbon capture, according to a list of targeted projects seen by Reuters.
Projects on the list include two major direct air capture hubs that received billion-dollar awards from former President Joe Biden's administration, including one that involves oil company Occidental OXY.N.
Semafor reported the list earlier and said it could impact $12 billion in projects.
Also on the list is $500 million awarded last year to General Motors GM.N to convert its Lansing Grand River Assembly Plant in Michigan to EVs; $335 million for Stellantis STLAM.MI to convert the shuttered Belvidere Assembly plant in Illinois to build mid-size electric trucks; and $250 million for Stellantis to convert its Indiana Transmission Plant in Kokomo to produce EV components.
Last week, the Department of Energy announced plans to cancel $7.56 billion in financing for hundreds of energy projects it said would not provide sufficient returns to taxpayers.
The Energy Department is also considering rescinding a $32 million award to Hyundai Mobis 005380.KS which operates a Stellantis supplier in Ohio to produce plug-in hybrid components and battery packs and $89 million for Harley-Davidson HOG.N expand its York, Pennsylvania plant for EV motorcycle manufacturing.
Also on the list is a $80 million award for Blue Bird BLBD.O to convert a former Georgia plant to build electric school buses; and $75 million to engine company Cummins CMI.N to convert part of an existing Indiana plant to make zero-emission components and electric powertrain systems.
The DOE also is considering cutting $208 million for the Volvo Group VOLVb.ST to upgrade plants in Maryland, Virginia and Pennsylvania to increase EV production capacity.
The Energy Department said in a statement it "continues to conduct an individualized and thorough review of financial awards made by the previous administration. No determinations have been made other than what has been previously announced."
Occidental, GM, Harley-Davidson and Stellantis declined or did not immediately comment.
The total sum of the grants in question was uncertain. The list included some projects that DOE said in May it canceled.
The previous cancellations included $331 million at an olefins plant carbon reduction at Exxon's Baytown, Texas refinery; $500 million to Heidelberg Materials, US in Louisiana; and $375 million to Eastman Chemical Company EMN.N in Texas
White House budget director Russell Vought said in a post on X last week that the administration would terminate nearly $8 billion in climate-related funding in 16 Democratic-led states, including California and New York.
(Reporting by Valerie Volcovici in Washington, additional reporting by Chandni Shah in Bengaluru, Nichola Groom in Los Angeles and David Shepardson and Timothy Gardner in Washington; Editing by Nia Williams and David Gregorio)
(([email protected];))
Updates with DOE statement, more details
Possibly on chopping block: GM EV plant funding in Lansing, Michigan
Stellantis Illinois electric truck plant also potential target
Blue Bird electric school bus plant could also get funds cut
By Valerie Volcovici, David Shepardson and Nichola Groom
WASHINGTON, Oct 7 (Reuters) -
The U.S. government is considering cancelling billions of dollars in funding for clean energy programs, including awards for auto manufacturing and carbon capture, according to a list of targeted projects seen by Reuters.
Projects on the list include two major direct air capture hubs that received billion-dollar awards from former President Joe Biden's administration, including one that involves oil company Occidental OXY.N.
Semafor reported the list earlier and said it could impact $12 billion in projects.
Also on the list is $500 million awarded last year to General Motors GM.N to convert its Lansing Grand River Assembly Plant in Michigan to EVs; $335 million for Stellantis STLAM.MI to convert the shuttered Belvidere Assembly plant in Illinois to build mid-size electric trucks; and $250 million for Stellantis to convert its Indiana Transmission Plant in Kokomo to produce EV components.
Last week, the Department of Energy announced plans to cancel $7.56 billion in financing for hundreds of energy projects it said would not provide sufficient returns to taxpayers.
The Energy Department is also considering rescinding a $32 million award to Hyundai Mobis 005380.KS which operates a Stellantis supplier in Ohio to produce plug-in hybrid components and battery packs and $89 million for Harley-Davidson HOG.N expand its York, Pennsylvania plant for EV motorcycle manufacturing.
Also on the list is a $80 million award for Blue Bird BLBD.O to convert a former Georgia plant to build electric school buses; and $75 million to engine company Cummins CMI.N to convert part of an existing Indiana plant to make zero-emission components and electric powertrain systems.
The DOE also is considering cutting $208 million for the Volvo Group VOLVb.ST to upgrade plants in Maryland, Virginia and Pennsylvania to increase EV production capacity.
The Energy Department said in a statement it "continues to conduct an individualized and thorough review of financial awards made by the previous administration. No determinations have been made other than what has been previously announced."
Occidental, GM, Harley-Davidson and Stellantis declined or did not immediately comment.
The total sum of the grants in question was uncertain. The list included some projects that DOE said in May it canceled.
The previous cancellations included $331 million at an olefins plant carbon reduction at Exxon's Baytown, Texas refinery; $500 million to Heidelberg Materials, US in Louisiana; and $375 million to Eastman Chemical Company EMN.N in Texas
White House budget director Russell Vought said in a post on X last week that the administration would terminate nearly $8 billion in climate-related funding in 16 Democratic-led states, including California and New York.
(Reporting by Valerie Volcovici in Washington, additional reporting by Chandni Shah in Bengaluru, Nichola Groom in Los Angeles and David Shepardson and Timothy Gardner in Washington; Editing by Nia Williams and David Gregorio)
(([email protected];))
Wes Cummins, CEO and Chairman of Applied Digital Corporation, reported a disposal of common shares of the company. The full filing can be accessed through the link below.
Wes Cummins, CEO and Chairman of Applied Digital Corporation, reported a disposal of common shares of the company. The full filing can be accessed through the link below.
Hexagon Agility, a subsidiary of Hexagon Composites ASA, has secured orders worth USD 4.2 million for its natural gas fuel systems, intended for heavy-duty trucks powered by Cummins' X15N natural gas engine. These orders come from over 10 leading Class 8 fleets across the United States and Canada, covering diverse industries such as logistics, food & beverage, oil & gas, and construction. The Cummins X15N engine, with power ratings up to 500 hp and torque up to 1850 lb.-ft, is designed to meet the demands of long-haul operations, offering a range comparable to diesel engines. This development is part of a broader trend where fleets are transitioning from diesel to natural gas, spurred by the engine's diesel-like performance and the cost and emissions benefits of natural gas. With a network of over 1,600 CNG/RNG fueling stations, the North American market presents significant opportunities for natural gas solutions, expanding the addressable market for heavy-duty trucks by 200,000 units annually.
Hexagon Agility, a subsidiary of Hexagon Composites ASA, has secured orders worth USD 4.2 million for its natural gas fuel systems, intended for heavy-duty trucks powered by Cummins' X15N natural gas engine. These orders come from over 10 leading Class 8 fleets across the United States and Canada, covering diverse industries such as logistics, food & beverage, oil & gas, and construction. The Cummins X15N engine, with power ratings up to 500 hp and torque up to 1850 lb.-ft, is designed to meet the demands of long-haul operations, offering a range comparable to diesel engines. This development is part of a broader trend where fleets are transitioning from diesel to natural gas, spurred by the engine's diesel-like performance and the cost and emissions benefits of natural gas. With a network of over 1,600 CNG/RNG fueling stations, the North American market presents significant opportunities for natural gas solutions, expanding the addressable market for heavy-duty trucks by 200,000 units annually.
** Shares of Cummins India CUMM.NS rise 2.9% to 3,780 rupees, highest since October 16, 2024
** Stock marks biggest intraday pct gain since May 30
** Co posts 30.5% Y/Y rise in June-qtr consol PAT, helped by robust demand for its engines and power generators
** Consolidated revenue from operations up 25.7% Y/Y
** CUMM rated "buy" by 22 analysts on average; median target price is 3,500 rupees – data compiled by LSEG
** Stock up 15.4% YTD
(Reporting by Rudra Pratap Singh in Bengaluru)
** Shares of Cummins India CUMM.NS rise 2.9% to 3,780 rupees, highest since October 16, 2024
** Stock marks biggest intraday pct gain since May 30
** Co posts 30.5% Y/Y rise in June-qtr consol PAT, helped by robust demand for its engines and power generators
** Consolidated revenue from operations up 25.7% Y/Y
** CUMM rated "buy" by 22 analysts on average; median target price is 3,500 rupees – data compiled by LSEG
** Stock up 15.4% YTD
(Reporting by Rudra Pratap Singh in Bengaluru)
Aug 7 (Reuters) - Cummins India CUMM.NS reported a 30.5% rise in first-quarter profit on Thursday, helped by robust demand for its engines and power generators.
The company, a unit of U.S.-based truck engine maker Cummins Inc CMI.N, said its consolidated profit after tax rose to 6.04 billion rupees ($69.05 million) from 4.63 billion rupees a year ago.
Demand for power generation equipment typically rises in the summer due to increased electricity consumption from cooling systems and a higher risk of grid overloads or outages, which helps companies like Cummins India.
Despite an early onset of monsoons across India this year, several regions still experienced heat waves. A study found in May that nearly 60% of Indian districts face a "high to very high" risk from extreme heat, with rising night-time temperatures and humidity intensifying.
The company had noted demand across the board, including the generator business, in its last earnings call in May.
Overall sales rose 25.7% on-year to 28.59 billion rupees in the June quarter.
Sales of engines and power generators accounted for the majority of the company's revenue, according to their latest annual report.
Cummins also recorded a one-off gain of 125.9 million rupees in the quarter from the sale of its stake in a subsidiary.
Total expenses rose by 23.4% to 23.34 billion rupees, primarily driven by a 34.2% surge in raw material costs.
Parent Cummins Inc reported second-quarter revenue above Wall Street estimates on Tuesday, helped by strong demand for its power generation systems.
Cummins India's shares closed up 1.1% ahead of results.
($1 = 87.4740 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected]; +91 8921483410;))
Aug 7 (Reuters) - Cummins India CUMM.NS reported a 30.5% rise in first-quarter profit on Thursday, helped by robust demand for its engines and power generators.
The company, a unit of U.S.-based truck engine maker Cummins Inc CMI.N, said its consolidated profit after tax rose to 6.04 billion rupees ($69.05 million) from 4.63 billion rupees a year ago.
Demand for power generation equipment typically rises in the summer due to increased electricity consumption from cooling systems and a higher risk of grid overloads or outages, which helps companies like Cummins India.
Despite an early onset of monsoons across India this year, several regions still experienced heat waves. A study found in May that nearly 60% of Indian districts face a "high to very high" risk from extreme heat, with rising night-time temperatures and humidity intensifying.
The company had noted demand across the board, including the generator business, in its last earnings call in May.
Overall sales rose 25.7% on-year to 28.59 billion rupees in the June quarter.
Sales of engines and power generators accounted for the majority of the company's revenue, according to their latest annual report.
Cummins also recorded a one-off gain of 125.9 million rupees in the quarter from the sale of its stake in a subsidiary.
Total expenses rose by 23.4% to 23.34 billion rupees, primarily driven by a 34.2% surge in raw material costs.
Parent Cummins Inc reported second-quarter revenue above Wall Street estimates on Tuesday, helped by strong demand for its power generation systems.
Cummins India's shares closed up 1.1% ahead of results.
($1 = 87.4740 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected]; +91 8921483410;))
July 25 (Reuters) - Cummins India Ltd CUMM.NS:
CUMMINS INDIA LTD - RECEIVES CUSTOMS ORDER DEMANDING 14.3 MILLION RUPEES
Source text: ID:nBSE842Vrz
Further company coverage: CUMM.NS
(([email protected];;))
July 25 (Reuters) - Cummins India Ltd CUMM.NS:
CUMMINS INDIA LTD - RECEIVES CUSTOMS ORDER DEMANDING 14.3 MILLION RUPEES
Source text: ID:nBSE842Vrz
Further company coverage: CUMM.NS
(([email protected];;))
Stran & Company Inc., a provider of outsourced marketing solutions, has announced the appointment of Mark Adams and Sarah Cummins to its Board of Directors. These new appointments replace three outgoing directors, positioning the company for future growth. Sarah Cummins brings extensive experience from her roles in sports, media, and entertainment, including her current position as Senior Vice President, Global Partnerships at WTA Ventures LLC.
Stran & Company Inc., a provider of outsourced marketing solutions, has announced the appointment of Mark Adams and Sarah Cummins to its Board of Directors. These new appointments replace three outgoing directors, positioning the company for future growth. Sarah Cummins brings extensive experience from her roles in sports, media, and entertainment, including her current position as Senior Vice President, Global Partnerships at WTA Ventures LLC.
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Popular questions
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What does Cummins India do?
Cummins India comprises of four business units - Engine, Power Systems, Components and Distribution. The company is engaged in the business of manufacturing, trading and selling of engines and allied activities. A group of complementary business units that design, manufacture, distribute and service - engines, generator sets and related technologies. The Engine Business manufactures engines from 60 HP for low, medium and heavy-duty on-highway commercial vehicle markets and off-highway commercial equipment industry spanning construction and compressor.
Who are the competitors of Cummins India?
Cummins India major competitors are Kirloskar Oil Engine, Greaves Cotton, Swaraj Engines, Sunrise Effnt. Mkt., Action Const. Equip, The Anup Engineering, Sanghvi Movers. Market Cap of Cummins India is ₹1,52,413 Crs. While the median market cap of its peers are ₹4,559 Crs.
Is Cummins India financially stable compared to its competitors?
Cummins India seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Cummins India pay decent dividends?
The company seems to pay a good stable dividend. Cummins India latest dividend payout ratio is 71.38% and 3yr average dividend payout ratio is 63.01%
How has Cummins India allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Cummins India balance sheet?
Balance sheet of Cummins India is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Cummins India improving?
Yes, profit is increasing. The profit of Cummins India is ₹2,095 Crs for TTM, ₹2,000 Crs for Mar 2025 and ₹1,721 Crs for Mar 2024.
Is the debt of Cummins India increasing or decreasing?
Yes, The net debt of Cummins India is increasing. Latest net debt of Cummins India is -₹2,374.07 Crs as of Mar-26. This is greater than Mar-25 when it was -₹5,020.58 Crs.
Is Cummins India stock expensive?
Yes, Cummins India is expensive. Latest PE of Cummins India is 64.53, while 3 year average PE is 45.3. Also latest EV/EBITDA of Cummins India is 57.82 while 3yr average is 42.69.
Has the share price of Cummins India grown faster than its competition?
Cummins India has given better returns compared to its competitors. Cummins India has grown at ~53.25% over the last 4yrs while peers have grown at a median rate of 41.59%
Is the promoter bullish about Cummins India?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Cummins India is 51.0% and last quarter promoter holding is 51.0%.
Are mutual funds buying/selling Cummins India?
The mutual fund holding of Cummins India is decreasing. The current mutual fund holding in Cummins India is 12.57% while previous quarter holding is 13.7%.