Cummins India Faces Significant Stock Decline Amid Broader Diesel Engine Industry Challenges

Cummins India Ltd., a prominent player in the diesel engines sector, has experienced a notable decline in its stock performance, losing 3.24% on February 12, 2025. This downturn aligns with a broader trend in the diesel engines industry, which has seen an overall decrease of 2.98%. Over the past two days, Cummins India has faced consecutive losses, totaling a decline of 4.63%.
The stock reached an intraday low of Rs 2755, reflecting a drop of 2.82% during the trading session. Additionally, Cummins India is currently trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend in its short to long-term performance.

In terms of comparative performance, Cummins India’s one-day decline of 3.33% contrasts with the Sensex, which fell by 1.01%. Over the past month, the stock has dropped by 8.62%, significantly underperforming the Sensex's decline of 2.40%. These metrics highlight the challenges faced by Cummins India in the current market environment.