CUMMINSIND - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | CUMMINSIND | Market Cap | 1,24,895 Cr. | Current Price | 4,506 ₹ | High / Low | 4,987 ₹ |
| Stock P/E | 55.2 | Book Value | 265 ₹ | Dividend Yield | 1.14 % | ROCE | 37.6 % |
| ROE | 28.8 % | Face Value | 2.00 ₹ | DMA 50 | 4,524 ₹ | DMA 200 | 4,097 ₹ |
| Chg in FII Hold | 1.07 % | Chg in DII Hold | -1.13 % | PAT Qtr | 548 Cr. | PAT Prev Qtr | 638 Cr. |
| RSI | 45.2 | MACD | 35.0 | Volume | 5,91,716 | Avg Vol 1Wk | 8,80,313 |
| Low price | 2,580 ₹ | High price | 4,987 ₹ | PEG Ratio | 1.56 | Debt to equity | 0.00 |
| 52w Index | 80.0 % | Qtr Profit Var | 6.71 % | EPS | 79.4 ₹ | Industry PE | 34.3 |
📊 Cummins India (CUMMINSIND) shows moderate intraday potential today. RSI at 45.2 indicates neutral momentum, while MACD is positive (35.0), suggesting mild bullish sentiment. Current price (4,506 ₹) is slightly below the 50 DMA (4,524 ₹) but above the 200 DMA (4,097 ₹), reflecting mixed but supportive trend. Volume (5,91,716) is below average (8,80,313), which may limit sharp intraday moves but still provides liquidity.
💡 Optimal Buy Price: 4,480–4,500 ₹ (near support)
🎯 Profit-Taking Levels: 4,550–4,580 ₹ (short-term resistance)
🛑 Stop-Loss: 4,460 ₹ (recent low)
⏳ If already holding intraday: Exit near 4,550–4,560 ₹ if momentum weakens or if price fails to sustain above 4,510 ₹ with volume confirmation.
Positive
- Strong ROCE (37.6%) and ROE (28.8%) indicate efficient capital use.
- Debt-free balance sheet (Debt-to-equity: 0.00).
- EPS of 79.4 ₹ supports earnings strength.
- FII holdings increased (+1.07%), showing foreign investor confidence.
- 52-week performance is strong (+80%).
Limitation
- Stock P/E (55.2) is significantly higher than industry average (34.3), suggesting overvaluation.
- Quarterly PAT declined from 638 Cr. to 548 Cr., showing margin pressure.
- DII holdings decreased (-1.13%), reflecting reduced domestic institutional support.
- Volume below average, limiting intraday breakout potential.
Company Negative News
- No major negative news reported, but declining quarterly profit weighs on sentiment.
Company Positive News
- Strong fundamentals with high ROCE and ROE.
- Debt-free status adds financial resilience.
- Positive FII inflows indicate foreign confidence.
Industry
- Industry P/E at 34.3 is lower than Cummins India’s 55.2, suggesting relative overvaluation.
- Industrial and engineering sector remains growth-oriented, supported by infrastructure demand.
Conclusion
✅ Cummins India shows moderate intraday potential with positive MACD and strong fundamentals, though valuations are stretched and volume is below average. Short-term traders may attempt a trade near 4,480–4,500 ₹ with a stop-loss at 4,460 ₹ and target exits around 4,550–4,580 ₹. Conservative traders should wait for stronger volume confirmation before entering aggressive intraday positions.