Cummins Engines For India's Light Tank - Zorawar

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https://timesofindia.indiatimes.com/business/india-business/countering-china-india-chooses-us-firm-cummins-for-engines-of-indigenous-light-tank-engines-for-indian-army/articleshow/104427160.cms?from=mdr

Blog Comments 

Cummins India  - Listed , may gain. PLEASE RECHECK THIS

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Personal Note

Cummins India is a blue chip  share , now Rs. 2 paid up.

When Cummins India came up with its IPO in  1960 s it was named Kirloskar Cummins and the share was Rs. 100 paid . My father participated in the IPO and got full allotment. He told me that on listing , initially the share quoted below par. He paid  the allotment money and Call money  with interest , only after he got a forfeiture notice .

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Disclaimer : We carry no Competence to Guide / Advise

General Warning : Investment in Shares Can be Injurious to Your  WEALTH 

Caution :The blog writer has personal/ family members' holdings in Cummins India  , so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts before taking any investment decision. 

No responsibility taken by this author / blog . )

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