The Cummins stock has been buzzing off late, up over 15 percent so far in November. Ajay Patil, Chief Financial Officer at Cummins India shared his views and outlook on business going forward.

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“We do expect a gradual and a sequential recovery in our businesses,” he said in an interview with CNBC-TV18.

“We see that some of the projects, which were put on hold during the period of lockdown, are now getting ready for execution, which is a promising sign,” he added.

“I do expect a fair amount of pricing benefit as the emission standards are being implemented,” he said.

On pick-up coming through for the business, Patil said, “We have been seeing healthcare data centre, to some extent we also see the rental segment is showing fair amount of pick-up and on the industrial side of our business, we do see recoveries in construction segment, mining has been holding steady and railways is one of the important sub-segment for us that is also showing a good promise.”

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(Edited by : Abhishek Jha)