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Cummins India Shares Fall 7% : Here's What Triggered the Drop

OutlookIndia · 1m

Cummins India's shares dropped by 7% after the parent company withdrew its full-year forecast due to economic uncertainties stemming from Trump's tariff policies. The company had initially predicted a possible 2% revenue decrease or a 3% increase, with growth expectations in PowerGen revenue and Indian operations. Despite withdrawing guidance figures, the management remains confident about navigating through these uncertainties and aims to reinstate forecasts once conditions improve.