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Retail Investors - 24.5%; In 1996 Cummins Inc. bought Kirloskar shares. Now it is a Cummins Inc. subsidiary. As of 2013, the Cummins group had revenues over $1.5 billion, 20 factories and 9000 employees in India. Cummins conducts a significant part of its R&D in India at the Cummins Research and Technology centre that was established in 2003.
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Investor relations (IR) is a "strategic management responsibility that is capable of integrating finance, communication, marketing and securities law compliance to enable the most effective two-way communication between a company, the financial community, and other constituencies, which ultimately contributes to a company's securities achieving fair valuation."
Cummins (CMI) appears to be a good choice for value investors right now, given its favorable P/E and P/S metrics.
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Cummins UK is a diesel engine manufacturer and the Cummins US distributor for the UK and Ireland. Cummins Inc. is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems.
Find out why the engine maker is more confident than ever.