Cummins India's Power Generation Segment Demand Outlook Appears Positive -- Market Talk

Dow Jones

Aug 11

0547 GMT - Cummins India's demand outlook for its power generation segment is likely still positive, Nomura's Umesh Raut says in a research report. Management reiterated this view, aided by broad-based demand contributed by multiple end-user markets such as data centers, the analyst notes. The company's distribution segment is on a strong footing, driven by rising demand for products including dual fuel kits and by expansion of organized fleet and leasing markets, the analyst says. The manufacturer of diesel and natural gas engines expects consistent growth in the industrial segment, partly supported by ongoing momentum in the construction sector. Nomura raises the stock's target price to INR4,260.00 from INR3,800.00 with an unchanged buy rating. Shares are 0.8% lower at INR3,777.40. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

August 11, 2025 01:47 ET (05:47 GMT)

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Management reiterated this view, aided by broad-based demand contributed by multiple end-user markets such as data centers, the analyst notes. The company's distribution segment is on a strong footing, driven by rising demand for products including dual fuel kits and by expansion of organized fleet and leasing markets, the analyst says. The manufacturer of diesel and natural gas engines expects consistent growth in the industrial segment, partly supported by ongoing momentum in the construction sector. Nomura raises the stock's target price to INR4,260.00 from INR3,800.00 with an unchanged buy rating. Shares are 0.8% lower at INR3,777.40. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 11, 2025 01:47 ET (05:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cummins India's Power Generation Segment Demand Outlook Appears Positive -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCummins India's Power Generation Segment Demand Outlook Appears Positive -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-08-11 13:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0547 GMT - Cummins India's demand outlook for its power generation segment is likely still positive, Nomura's Umesh Raut says in a research report. Management reiterated this view, aided by broad-based demand contributed by multiple end-user markets such as data centers, the analyst notes. The company's distribution segment is on a strong footing, driven by rising demand for products including dual fuel kits and by expansion of organized fleet and leasing markets, the analyst says. The manufacturer of diesel and natural gas engines expects consistent growth in the industrial segment, partly supported by ongoing momentum in the construction sector. Nomura raises the stock's target price to INR4,260.00 from INR3,800.00 with an unchanged buy rating. Shares are 0.8% lower at INR3,777.40. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 11, 2025 01:47 ET (05:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CMI","symbol_name":"康明斯","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2558639750","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2558639750","pubTimestamp":1754891220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0547 GMT - Cummins India's demand outlook for its power generation segment is likely still positive, Nomura's Umesh Raut says in a research report. 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Management reiterated this view, aided by broad-based demand contributed by multiple end-user markets such as data centers, the analyst notes. The company's distribution segment is on a strong footing, driven by rising demand for products including dual fuel kits and by expansion of organized fleet and leasing markets, the analyst says. The manufacturer of diesel and natural gas engines expects consistent growth in the industrial segment, partly supported by ongoing momentum in the construction sector. Nomura raises the stock's target price to INR4,260.00 from INR3,800.00 with an unchanged buy rating. Shares are 0.8% lower at INR3,777.40. 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