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20-Feb2019

Linde India gains on reporting 62% rise in Q4 net profit

Linde India is currently trading at Rs. 436.00, up by 3.05 points or 0.70% from its previous closing of Rs. 432.95 on the BSE.

The scrip opened at Rs. 440.00 and has touched a high and low of Rs. 443.75 and Rs. 435.60 respectively. So far 1781 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 819.00 on 14-Jan-2019 and a 52 week low of Rs. 386.00 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 443.20 and Rs. 418.50 respectively. The current market cap of the company is Rs. 3758.90 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 15.79% and 9.21% respectively.

Linde India has reported a rise of 61.97% in its net profit at Rs 15.42 crore for the quarter ended December 31, 2018 under review as compared to Rs 9.52 crore for the same quarter in the previous year. Total income of the company increased by 7.48% at Rs 570.21 crore for fourth quarter as compared Rs 530.53 crore for the corresponding quarter previous year.

Linde India, formerly BOC India, is a member of The Linde Group. The Company is engaged in the manufacturing of liquefied or compressed inorganic industrial or medical gases and construction of utility projects. Its segments include gases and related products and Project Engineering.


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