Linde India Ltd: Analyzing Investment Potential Amidst Recent De
Technical Analysis: BAT Pattern and Support Levels
Linde India Ltd has formed a BAT pattern in its stock chart, experiencing a 40% decline from its recent highs. The stock is currently positioned with an entry point around ₹5930, while a significant support zone exists at approximately ₹5200, coinciding with a three-year long-term trendline.
Fundamental Performance Overview
Revenue Trends: Linde India reported a 12.16% decline in sales, marking its first revenue contraction in three years. This downturn reflects the challenges faced in the industrial gases sector amid fluctuating demand and pricing pressures.
Net Profit: The company's net profit for the last two quarters has shown a consistent decrease, with figures dropping from ₹120.07 crore to ₹105.41 crore, averaging a decline of 12.2% per quarter.
Price-to-Earnings (P/E) Ratio: The current P/E ratio is significantly high at 116.68, compared to the sector average of 118.28, suggesting that the stock may be overvalued based on its earnings.
Debt Levels: Linde India has maintained a zero debt status for the past five years, demonstrating strong financial health and stability without reliance on external borrowing.
Return on Equity (ROE): The company reported an ROE of 12.91%, indicating effective management of shareholder equity to generate profits.
Dividend Yield: Linde India offers a modest dividend yield of 0.20%, providing some returns to shareholders despite the current market volatility.
Market Capitalization: As of January 2025, Linde India's market cap stands at approximately ₹50,648 crore, reflecting its position as a significant player in the industrial gases sector.
Linde India Ltd has formed a BAT pattern in its stock chart, experiencing a 40% decline from its recent highs. The stock is currently positioned with an entry point around ₹5930, while a significant support zone exists at approximately ₹5200, coinciding with a three-year long-term trendline.
Fundamental Performance Overview
Revenue Trends: Linde India reported a 12.16% decline in sales, marking its first revenue contraction in three years. This downturn reflects the challenges faced in the industrial gases sector amid fluctuating demand and pricing pressures.
Net Profit: The company's net profit for the last two quarters has shown a consistent decrease, with figures dropping from ₹120.07 crore to ₹105.41 crore, averaging a decline of 12.2% per quarter.
Price-to-Earnings (P/E) Ratio: The current P/E ratio is significantly high at 116.68, compared to the sector average of 118.28, suggesting that the stock may be overvalued based on its earnings.
Debt Levels: Linde India has maintained a zero debt status for the past five years, demonstrating strong financial health and stability without reliance on external borrowing.
Return on Equity (ROE): The company reported an ROE of 12.91%, indicating effective management of shareholder equity to generate profits.
Dividend Yield: Linde India offers a modest dividend yield of 0.20%, providing some returns to shareholders despite the current market volatility.
Market Capitalization: As of January 2025, Linde India's market cap stands at approximately ₹50,648 crore, reflecting its position as a significant player in the industrial gases sector.
Dagangan ditutup: sasaran tercapai
Target 30% reached 😃🎉🎉
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.