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1 Comment
Linde India Limited is currently in a long term uptrend where the price is trading 34.5% above its 200 day moving average.
From a valuation standpoint, the stock is 99.6% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 10.5.
Linde India Limited's total revenue rose by 15.2% to $5B since the same quarter in the previous year.
Its net income has dropped by 91.0% to $568M since the same quarter in the previous year.
Finally, its free cash flow grew by 165.3% to $3B since the same quarter in the previous year.
Based on the above factors, Linde India Limited gets an overall score of 4/5.
Industry | Specialty Chemicals |
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Exchange | NSE |
CurrencyCode | INR |
ISIN | INE473A01011 |
Sector | Basic Materials |
Market Cap | 531B |
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Target Price | 7076 |
PE Ratio | 117.87 |
Beta | -0.06 |
Dividend Yield | 0.0% |
Linde India Limited manufactures and sells industrial and medical gases in India. It operates through Gases, Related Products and Services; and Project Engineering Division segments. The Gases, Related Products and Services segment produces and sells oxygen, nitrogen, and argon gases. This segment engages in the provision of pipeline gas supply to steel, glass, and chemical industries; liquefied gases through cryogenic tankers to various industrial sectors; and compressed gas in cylinders to fabrication, manufacturing, and construction industries. It offers gases, such as medical oxygen, synthetic air, and nitrous oxide for pharmaceutical use, as well as medical gas distribution systems to hospitals. The Project Engineering Division is involved in the design, engineering, manufacture, and commissioning of cryogenic and non-cryogenic air separation plants (ASUs), vacuum pressure swing adsorption (VPSA) units, and nitrogen plants; and the sale of distillation columns, cryogenic storage tanks, and vaporizers. It serves various industries, such as steel, automotive, pharma, metal fabrication, chemicals, food and beverage, solar panels, science and research, natural gas and oil refining, petrochemicals, fertilizers, electronics, and metal processing, as well as hospitals and healthcare establishments. The company was formerly known as BOC India Limited and changed its name to Linde India Limited in February 2013. Linde India Limited was incorporated in 1935 and is headquartered in Kolkata, India. Linde India Limited is a subsidiary of The BOC Group Limited.
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