{"id":343141,"date":"2026-11-10T12:18:20","date_gmt":"2026-11-10T06:48:20","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=343141"},"modified":"2026-11-10T12:18:20","modified_gmt":"2026-11-10T06:48:20","slug":"cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/","title":{"rendered":"Cummins India Share Price: 33.2% CAGR in 3 Years as the Engine Maker Leads ABB India and Kirloskar Pneumatic"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#Cummins_India_Share_Price_332_CAGR_in_3_Years_as_the_Engine_Maker_Leads_ABB_India_and_Kirloskar_Pneumatic\" title=\"Cummins India Share Price: 33.2% CAGR in 3 Years as the Engine Maker Leads ABB India and Kirloskar Pneumatic\">Cummins India Share Price: 33.2% CAGR in 3 Years as the Engine Maker Leads ABB India and Kirloskar Pneumatic<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#How_Much_Has_the_Cummins_India_Share_Price_Returned_in_3_Years\" title=\"How Much Has the Cummins India Share Price Returned in 3 Years?\">How Much Has the Cummins India Share Price Returned in 3 Years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#Cummins_India_vs_ABB_India_and_Kirloskar_Pneumatic_Company_3-Year_CAGR_Compared\" title=\"Cummins India vs ABB India and Kirloskar Pneumatic Company: 3-Year CAGR Compared\">Cummins India vs ABB India and Kirloskar Pneumatic Company: 3-Year CAGR Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#Valuation_and_Quality_Compared\" title=\"Valuation and Quality Compared\">Valuation and Quality Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#What_Is_Driving_the_Cummins_India_Stock\" title=\"What Is Driving the Cummins India Stock?\">What Is Driving the Cummins India Stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#How_the_Established_Players_Stack_Up\" title=\"How the Established Players Stack Up\">How the Established Players Stack Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#What_Should_Investors_Track_Next\" title=\"What Should Investors Track Next?\">What Should Investors Track Next?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#How_to_Compare_Capital_Goods_Stocks_Yourself\" title=\"How to Compare Capital Goods Stocks Yourself\">How to Compare Capital Goods Stocks Yourself<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#A_Debt_Free_Engine_Maker_With_a_Strong_ROE\" title=\"A Debt Free Engine Maker With a Strong ROE\">A Debt Free Engine Maker With a Strong ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#What_is_the_Cummins_India_share_price_today\" title=\"What is the Cummins India share price today?\">What is the Cummins India share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#What_is_the_3-year_CAGR_of_the_Cummins_India_stock\" title=\"What is the 3-year CAGR of the Cummins India stock?\">What is the 3-year CAGR of the Cummins India stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#Is_Cummins_India_better_than_ABB_India\" title=\"Is Cummins India better than ABB India?\">Is Cummins India better than ABB India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#What_does_Cummins_India_do\" title=\"What does Cummins India do?\">What does Cummins India do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#Is_the_Cummins_India_stock_debt_free\" title=\"Is the Cummins India stock debt free?\">Is the Cummins India stock debt free?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#Is_Cummins_India_expensive_compared_with_the_industry\" title=\"Is Cummins India expensive compared with the industry?\">Is Cummins India expensive compared with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#Which_capital_goods_stock_gave_the_highest_return_in_3_years\" title=\"Which capital goods stock gave the highest return in 3 years?\">Which capital goods stock gave the highest return in 3 years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-share-price-3-year-cagr-vs-capital-goods-peers-abb-india-kirloskar-pneumatic\/#How_do_I_calculate_CAGR_for_a_stock\" title=\"How do I calculate CAGR for a stock?\">How do I calculate CAGR for a stock?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Cummins_India_Share_Price_332_CAGR_in_3_Years_as_the_Engine_Maker_Leads_ABB_India_and_Kirloskar_Pneumatic\"><\/span><strong>Cummins India Share Price: 33.2% CAGR in 3 Years as the Engine Maker Leads ABB India and Kirloskar Pneumatic<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Cummins India previous close Rs 4,135.20. 3-year CAGR 33.2%. Up 2.4x since 9 Nov 2023. ROE 27.13%. Market cap Rs 1,14,320 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The <strong>Cummins India share price<\/strong> closed at Rs 4,135.20 on 9 November 2026, a compounded annual return of 33.2% over three years. That compares with ABB India at 17.1% and Kirloskar Pneumatic Company at 31.5%. The company has a market cap of Rs 1,14,320 crore and a P\/E of 50.76 against an industry P\/E of 42.98.<\/p>\n<\/p><\/div>\n<p>The <strong>Cummins India share price<\/strong> has more than doubled in three years, which makes Cummins India one of the strongest companies in the Indian capital goods space. The Pune-based company makes engines, generator sets and related products used across industry and infrastructure.<\/p>\n<p>This article compares that run with ABB India and Kirloskar Pneumatic Company. We calculate the three-year CAGR for all three and set the results beside market cap, valuation, return on equity and debt, using prices adjusted for corporate actions.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=cummins-india-share-price\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Much_Has_the_Cummins_India_Share_Price_Returned_in_3_Years\"><\/span><strong>How Much Has the Cummins India Share Price Returned in 3 Years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Cummins India stock closed at Rs 1,750.50 on 9 November 2023 and at Rs 4,135.20 on 9 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 2.36 lakh, which is a CAGR of 33.2%. This is a price return and leaves out dividends.<\/p>\n<p>CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Cummins India can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.<\/p>\n<p>The <strong>Cummins India share price<\/strong> has also been supported by demand for backup power from data centres, real estate and commercial buildings, together with a growing export business.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cummins_India_vs_ABB_India_and_Kirloskar_Pneumatic_Company_3-Year_CAGR_Compared\"><\/span><strong>Cummins India vs ABB India and Kirloskar Pneumatic Company: 3-Year CAGR Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table ranks the companies by three-year CAGR. Prices on 9 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 9 November 2026.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Close on 9 Nov 2023<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Previous close (9 Nov 2026)<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Price multiple<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">3-year CAGR<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Cummins India<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,750.50<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 4,135.20<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">2.4x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">33.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Kirloskar Pneumatic Company<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 277.10<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 630.30<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">2.3x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">31.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">ABB India<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 4,310.50<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 6,915.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.6x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">17.1%<\/td>\n<\/tr>\n<\/table>\n<p>The Cummins India stock leads the group at 33.2%, followed by Kirloskar Pneumatic Company at 31.5% and ABB India at 17.1%. Cummins India leads the group, with Kirloskar Pneumatic close behind and ABB India in third place. ABB India is the largest of the three by market cap.<\/p>\n<p>Look at the <strong>Cummins India share price<\/strong> alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_and_Quality_Compared\"><\/span><strong>Valuation and Quality Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Market cap<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Debt to equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/abb\/abb-india-ltd-share-price-today\">ABB India<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,46,993 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">49.20<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">42.52<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">16.50%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/cumminsind\/cummins-india-ltd-share-price-today\">Cummins India<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,14,320 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">50.76<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">42.98<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">27.13%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Kirloskar Pneumatic Company<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 8,195 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">31.72<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">42.98<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">20.13%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.00<\/td>\n<\/tr>\n<\/table>\n<p>By market cap, ABB India is the largest of the group at Rs 1,46,993 crore, while the Cummins India stock stands at Rs 1,14,320 crore, about 78% of that size. On earnings, Cummins India shares trade at a P\/E of 50.76 against an industry P\/E of 42.98, a premium of about 18%, which signals that the market expects faster earnings growth. Peer multiples are ABB India at 49.20 and Kirloskar Pneumatic Company at 31.72.<\/p>\n<p>Return on equity is 27.13% for the Cummins India stock, which ranks first among the three, and debt to equity stands at 0.00. Trailing EPS is Rs 81.24. Capital goods companies are valued on order inflow and execution, so the multiple should be read next to return on equity and the strength of the balance sheet.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Driving_the_Cummins_India_Stock\"><\/span><strong>What Is Driving the Cummins India Stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cummins India makes diesel and gas engines, generator sets, filtration products and power systems. Its products serve data centres, infrastructure projects, industry, railways and commercial buildings.<\/p>\n<p>The company also exports to many markets, and it supplies engines for use in trucks, buses and other equipment. A strong service and spare parts network adds recurring revenue to the sale of new equipment.<\/p>\n<p>Followers of the <strong>Cummins India share price<\/strong> usually track demand for generator sets, data centre related orders, export growth and operating margins.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_the_Established_Players_Stack_Up\"><\/span><strong>How the Established Players Stack Up<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>ABB India is a Bengaluru-based technology company in electrification, motion and automation, and it serves industry, utilities and buildings. It compounded at 17.1% a year, on a market cap of Rs 1,46,993 crore and an ROE of 16.50%.<\/p>\n<p>Kirloskar Pneumatic Company is a Pune-based maker of compressors, heat exchangers and related equipment for industrial customers. It compounded at 31.5% a year, on a market cap of Rs 8,195 crore and an ROE of 20.13%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Track_Next\"><\/span><strong>What Should Investors Track Next?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Three things are worth watching on the <strong>Cummins India share price<\/strong>. First, data centre and infrastructure driven demand. Second, the pace of exports. Third, input costs and their effect on margins.<\/p>\n<p>At a P\/E of 51, expectations are meaningful, but the company has almost no debt, with a debt to equity of 0.00, and an ROE of 27.13%.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live fundamentals of capital goods stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Compare_Capital_Goods_Stocks_Yourself\"><\/span><strong>How to Compare Capital Goods Stocks Yourself<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can repeat this exercise for any pair of stocks, including the Cummins India stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P\/E against the industry P\/E, ROE and debt to equity. Benchmark the result against the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> as well, so you know whether the stock beat the broader market.<\/p>\n<p>A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the <strong>Cummins India share price<\/strong>, the same four checks give a more complete picture than price alone.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the <strong>Cummins India share price<\/strong> and compare capital goods stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_Debt_Free_Engine_Maker_With_a_Strong_ROE\"><\/span><strong>A Debt Free Engine Maker With a Strong ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Cummins India share price<\/strong> compounded at 33.2% a year over three years, ahead of Kirloskar Pneumatic at 31.5% and ABB India at 17.1%. Its ROE of 27.13% is the highest of the three.<\/p>\n<p>ABB India brings automation and electrification scale, while Kirloskar Pneumatic offers a smaller industrial niche. The choice depends on which part of the capital goods cycle you want to follow.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Cummins_India_share_price_today\"><\/span><strong>What is the Cummins India share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cummins India closed at Rs 4,135.20 on 9 November 2026, according to NSE data. It has a market cap of Rs 1,14,320 crore and a P\/E of 50.76. Check live quotes before acting, as prices change every trading day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_3-year_CAGR_of_the_Cummins_India_stock\"><\/span><strong>What is the 3-year CAGR of the Cummins India stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cummins India delivered a price CAGR of 33.2% over three years, moving from Rs 1,750.50 on 9 November 2023 to Rs 4,135.20 on 9 November 2026. The figure excludes dividends and uses adjusted closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Cummins_India_better_than_ABB_India\"><\/span><strong>Is Cummins India better than ABB India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cummins India delivered a higher three-year CAGR at 33.2% than ABB India at 17.1%. ABB India is larger by market cap at Rs 1,46,993 crore against Rs 1,14,320 crore, while Cummins India has a higher ROE at 27.13% against 16.50%. The better choice depends on your view of each business.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Cummins_India_do\"><\/span><strong>What does Cummins India do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cummins India is a Pune-based maker of diesel and gas engines, generator sets and power systems for industry, infrastructure and export markets.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Cummins_India_stock_debt_free\"><\/span><strong>Is the Cummins India stock debt free?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The debt to equity ratio of the Cummins India stock is 0.00 and its return on equity is 27.13%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Cummins_India_expensive_compared_with_the_industry\"><\/span><strong>Is Cummins India expensive compared with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cummins India trades at a P\/E of 50.76 against an industry P\/E of 42.98. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_capital_goods_stock_gave_the_highest_return_in_3_years\"><\/span><strong>Which capital goods stock gave the highest return in 3 years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Among the companies compared here, Cummins India delivered the highest three-year CAGR at 33.2%, followed by Kirloskar Pneumatic Company at 31.5%. Past returns do not guarantee future performance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_calculate_CAGR_for_a_stock\"><\/span><strong>How do I calculate CAGR for a stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Cummins India share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Cummins India closed at Rs 4,135.20 on 9 November 2026, according to NSE data. It has a market cap of Rs 1,14,320 crore and a P\/E of 50.76. 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See how it compares with ABB India and Kirloskar Pneumatic on returns and ROE.<\/p>\n","protected":false},"author":35,"featured_media":343140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[21533,21809,21811,21810],"class_list":["post-343141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-capital-goods-stocks-3-year-return","tag-cummins-india-share-price","tag-cummins-india-stock","tag-cummins-india-vs-abb-india"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["343140"],"rank_math_title":["Cummins India Share Price: 33.2% CAGR vs ABB India"],"rank_math_description":["Cummins India share price compounded at 33.2% a year over 3 years. See how it compares with ABB India and Kirloskar Pneumatic on returns and ROE."],"rank_math_focus_keyword":["Cummins India share price | Density Target: 1.2-1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/11\/cummins-india-share-price-33-2-cagr-in-3-years-as-the-engine-maker-leads-abb.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/343141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=343141"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/343141\/revisions"}],"predecessor-version":[{"id":343142,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/343141\/revisions\/343142"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/343140"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=343141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=343141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=343141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}