Motilal Oswal Financial Services recommends buying Cummins India Ltd. with a target price of Rs 4,300. The current market price is Rs 3575.95. The brokerage expects a significant revenue and profit growth over FY24-27. Key risks include lower demand, higher commodity prices, competition, and export recovery. Promoters and FIIs hold a significant stake.
Home » Buy Cummins India, target price Rs 4,300: Motilal Oswal Financial Services Jobbery Stock Market update