Cummins India Break out stock for 28% Gain
Breakout above 200 SMA with Rising volume and positive MACD Divergence
Here's my analysis of Cummins India's financials:
**Net Profit:**
- Net profit for FY 2023-24: ₹2,533 crores ¹
- Net profit for FY 2022-23: ₹2,345 crores ¹
- Net profit for FY 2021-22: ₹1,944 crores ¹
- Net profit for FY 2020-21: ₹1,566 crores ¹
**Yearly Results:**
- Revenue growth: 15% CAGR over the last 5 years ¹
- Profit growth: 20% CAGR over the last 5 years ¹
- Operating margin: 15.6% in FY 2023-24 vs 14.5% in FY 2022-23 ¹
- Return on Equity (ROE): 23.1% in FY 2023-24 vs 21.5% in FY 2022-23 ¹
Overall, Cummins India has shown consistent revenue and profit growth over the years.
Note : May have open positions in this entity at various price levels.
