Cummins India battles stiff competition, export challenges

Cummins India battles stiff competition, export challenges

Shares of Cummins India Ltd have declined 8% since its March quarter results (Q4FY24) despite a significant Ebitda growth of 48% year-on-year.  Momentum across all segments led to a 38% growth in domestic revenue. However, investors appear to be more concerned about the increasing competition in the segments affected by the new emission norms that … Read more