Nomura downgraded Cummins India to “Neutral” despite raising its target price by 25%, citing stretched valuations and near-term margin pressure from rising commodity costs. While the brokerage remains optimistic about long-term growth driven by data centres a… For the full story, visit the source.
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Nomura downgrades Cummins India shares to Neutral despite raising target price by 25%. Here’s why
Nomura downgraded Cummins India to “Neutral” despite raising its target price by 25%, citing stretched valuations and near-term margin pressure from rising commodity costs. While the brokerage remains optimistic about long-term growth driven by data centres a…
By Veer Sharma· The Times of India· 4 months ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India