Cummins India Faces Challenges Amid Broader Decline in Diesel Engine Sector

Cummins India has experienced a notable decline of 3.5% on March 12, 2025, reflecting a broader trend in the diesel engines sector, which has fallen by 2.07%. The stock's performance today underperformed the sector by 1.43%, with an intraday low of Rs 2782. In terms of moving averages, Cummins India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 3.89%, while its performance over the last month shows a slight decline of 0.78%. In a broader market context, the Sensex has also faced challenges, reversing sharply after a positive opening and currently trading at 73,768.46, down 0.45%. The index is now 4.79% away from its 52-week low and is trading below its 50-day moving average, which is itself below the 200-day moving average. Overall, Cummins India’s recent performance highlights the challenges faced by the company amid a fluctuating market environment.