CUMMINSIND

Current Price & Valuation Recent price range: ₹4,400–₹5,000 zone P/E Ratio: 55–62 (premium valuation) P/B Ratio: 16+ (expensive vs sector) Dividend Yield: 1% (low income play) 👉 Conclusion: Stock is fundamentally strong but expensive Sector: Power generation, engines, industrial equipment Key drivers: Data centers demand (backup power) Infrastructure & capex growth Industrial + railways demand ✔ Strong parentage (Cummins Inc.) ✔ Market leader in diesel & gas gensets