Stock market analyst Sudarshan Sukhani has maintained 'buy' rating on Cummins India Ltd stock with intra-day target of Rs 590.

According to analyst, the investors can buy the stock with stop loss of Rs 560.

The shares of the company, on June 25, closed at Rs 573.65 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 619.80 and a low of Rs 244 on BSE. Current EPS and P/E ratio of the stock stood at 22.41 & 25.79 respectively.

Established in the year 1962, Cummins India Limited (CIL) is the country's top maker of diesel engines with a range from 205 hp to 2365 hp and value packages serving the Power Generation, Industrial and Automotive Markets.

The company's major activities are to make and sell internal combustion engines, diesel and gas generating sets and special purpose machines.

The group runs in two sections including engine Business and others.

The company's products comprise sale and leasing of diesel power generating sets and allied equipment comprising operation and maintenance facilities of these equipments, hydraulic governors, engineering components, spare parts and accessories.

The products of engine business section are utilized for different applications like power generation, building, compressor, mining, marine, locomotive, fire-fighting and others.

The facilities of the group are situated at Maharashtra and Daman.