Nomura downgrades Cummins India to Neutral, hikes target 25%

29 May 2026via The Economic TimesSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

Nomura downgrades Cummins India to Neutral despite raising target price by 25%. The brokerage cites stretched valuations after a strong run, even as earnings outlook remains stable. While fundamentals are intact, near-term upside is deemed limited.

📊 STOCKS: CUMMINSIND | 🏢 SECTOR: Auto | #MEDIUMIMPACT #BrokerDowngrade

#BrokerDowngrade#TargetPrice#Auto

Stocks mentioned

CUMMINSINDCummins India Limited

⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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