4,646.50 37.40(0.81%)
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Cummins India Limited was erstwhile incorporated in 1962 with the name 'Kirloskar Cummins Limited'. The primary promoter is Cummins Inc., which holds a 51% stake in the Company. The name of the Company was changed from Kirloskar Cummins Limited to Cummins India Limited on September 10, 1997. The Company is a leading manufacturer of diesel and natural gas engines. The Company is engaged in the business of manufacturing, trading and selling of engines and allied activities. It presently operates in three business segments: Engine, Power Systems, and Distribution. The Engine Business manufactures engines from 60 HP for low, medium and heavy-duty on-highway commercial vehicle markets and off-highway commercial equipment industry spanning construction and compressor. The Power Systems Business designs and manufactures high horsepower engines from 700 HP to 4500 HP for marine, railways, defense and mining applications as well as power generation systems comprising of integrated generator sets in the range of 7.5 kVA to 3750 kVA including transfer switches, paralleling switchgear and controls for use in standby, prime and continuous rated systems. The Distribution Business was acquired in 1967, with the objective of providing products, packages, services and solutions for uptime of ...