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Cummins India remains bullish about India market

12 Oct 2020 Evaluate

Cummins India has remained bullish about the India market and expects a further improvement in demand going forward, even as the peak festive season demand may see a 50 per cent year-on-year decline. The company also said it expects to get back to the optimum capacity utilisation across its plants, which is on average 80-85 per cent, by the middle of 2021.

Cummins India (CIL) is a leading manufacturer of diesel engines.

Peers
Company Name CMP
Cummins India 4835.30
Kirloskar Oil Engine 2139.80
Greaves Cotton 210.25
Swaraj Engines 3549.75
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