Espresso shot of the day – Linde India Ltd up by 12.01 percent

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Espresso shot of the day – Linde India Ltd up by 12.01 percent

August 25, 2021
Espresso shot of the day – Linde India Ltd up by 12.01 percent

LINDE INDIA LTD 2561.50 (+12.01 %) BSE – INE473A01011 | 25TH AUGUST 2021


Linde India Limited (formerly BOC India Limited) has adapted global expertise to cater the needs of the Indian industry. They have been operating for more than 80 years, delivering innovative, quality and reliable services and solutions that create value for customers. Linde India Limited is a member of Linde Plc. and one of the leading industrial gas companies in India. Combining Linde Plc.’s advanced technology, their deep understanding of their customers’ businesses and strong local expertise in gases and engineering, they are able to provide tailor-made solutions that help their customers to increase efficiency, productivity and flexibility in their operations, while reducing energy costs and safeguarding the environment.

Recent Drivers

  • On Aug 11, 2021,Linde India Ltd. reported quarterly net profit at Rs 72.50 crores in June 2021, up 266.04% from Rs 19.81 crores in June 2020.
  • On Aug 11, 2021, Linde India reported net sales at Rs 519.17 crores in June 2021, up 109.23% from Rs 248.13 crores in June 2020.
  • On Aug 4, 2021, Linde India announced that the company entered into a business transfer agreement with HPS Gases to acquire its packaged gases business and distribution assets.
  • On July 31, 2021, Linde India funded the modernization activities of two Operation Theatres at Matri Bhavan under the aegis of its CSR program.
(Sources: Moneycontrol, The Hindu Business Line, APN News)


Technical Force*

  • S&P BSE 500 month till date gain up by 22.62%
  • Traded on all-time-high value: 2728
  • 3 months avg. volume of NSE: 1,88,564
  • Quantity traded: 1,21,535 | Deliverable quantity: 24,686 (20.31%)
  • Stock price has jumped more than 290% from one-year low level: 678.4 (Sept 9, 2020)
  • Daily RSI (14) is in Overbought territory today
  • 52-week-high: 2,728 | 52-week-low: 678.4

Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

1817.48

1410.92

1191.13

784.57

564.78

158.22

-

-

Fibonacci Pivot

1410.92

1171.65

1023.83

928.63

784.57

640.51

545.30

397.48

158.22


Today’s Close

2561.50

SMA

BSE

10 DAY

1985.56

20 DAY

1874.03

50 DAY

1753.14

200 DAY

1444.74


Some Key Ratios (Source: BSE)

Market Cap: 21,845.55 crores

PE: 46.46

OPM%: 29.76

ROE%: 18.42

Promoters holding%: 75

Prev. Close: 2286.75

*Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.