--- title: "Cummins India Limited Sells Subsidiary to PAL SVAM Power Solutions" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/227472622.md" description: "Cummins India Limited has announced the sale of its wholly-owned subsidiary, Cummins Sales & Service Private Limited, to PAL SVAM Power Solutions for INR 56.5 crore. This strategic divestment, expected to be completed by April 1, 2025, reflects a shift in Cummins India's operational focus, potentially affecting its market strategy and stakeholder interests. The company operates in the industrial sector, specializing in engines and power generation products, with a significant presence in both domestic and international markets." datetime: "2025-02-07T05:07:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/227472622.md) - [en](https://longbridge.com/en/news/227472622.md) - [zh-HK](https://longbridge.com/zh-HK/news/227472622.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/227472622.md) | [English](https://longbridge.com/en/news/227472622.md) # Cummins India Limited Sells Subsidiary to PAL SVAM Power Solutions ### Maximize Your Portfolio with Data Driven Insights: - Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions. - Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio An update from Cummins India Limited ( (IN:CUMMINSIND) ) is now available. Cummins India Limited announced the approval for the sale of its wholly-owned subsidiary, Cummins Sales & Service Private Limited, to PAL SVAM Power Solutions Private Limited for INR 56.5 crore. This strategic divestment, subject to completion by April 1, 2025, signifies a shift in Cummins India’s operational focus, potentially impacting its market strategy and stakeholder interests by streamlining its business operations. **More about Cummins India Limited** Cummins India Limited operates within the industrial sector, focusing on manufacturing and distributing engines, power generation products, and related components. It serves both domestic and international markets, maintaining a strong presence in the power solutions industry. **YTD Price Performance:** -9.60% **Average Trading Volume:** 11,972 **Current Market Cap:** 809.3B INR Learn more about CUMMINSIND stock on TipRanks’ Stock Analysis page. ## Trending Articles: - ‘The Nvidia Dream Is Fading,’ Says Bank of America About AMD Stock - Morgan Stanley Bangs the Drum on Nvidia Stock - M&A News: A New Roadblock for Skydance / Paramount (NASDAQ:PARA): The Word “Slime.” ### 相關股票 - [Cummins (CMI.US)](https://longbridge.com/zh-HK/quote/CMI.US.md) - [Inter (INTR.US)](https://longbridge.com/zh-HK/quote/INTR.US.md) - [Power Solutions (PSIX.US)](https://longbridge.com/zh-HK/quote/PSIX.US.md) ## 相關資訊與研究 - [Cummins Inc. $CMI Shares Acquired by Eagle Rock Investment Company LLC](https://longbridge.com/zh-HK/news/280870547.md) - [Dock Street Asset Management Inc. Has $18.10 Million Stock Position in MSCI Inc $MSCI](https://longbridge.com/zh-HK/news/281325750.md) - [Why Nvidia And Tesla Are Suddenly Knocking On Samsung's Door](https://longbridge.com/zh-HK/news/280999748.md) - [Nike's China stumble exposes execution gaps](https://longbridge.com/zh-HK/news/280956685.md) - [Nike's stock is at 9-year lows ahead of earnings. It faces these questions as doubt grows over its turnaround.](https://longbridge.com/zh-HK/news/280912976.md)