LINDE INDIA at All Time High; BSE OIL & GAS Index Down 0.9%

Fri, 26 Feb 10:02 AM

LINDE INDIA share price has hit an all-time high at Rs 1,550 (up 4.4%).

Meanwhile, the BSE OIL & GAS Index is at 16,121 (down 0.9%).

Among the top gainers in the BSE OIL & GAS Index today are LINDE INDIA (up 4.4%) and HPCL (up 0.2%).

INDRAPRASTHA GAS (down 0.3%) and OIL INDIA (down 0.3%) are among the top losers today.

Over the last one year, LINDE INDIA has moved up from Rs 771 to Rs 1,550, registering a gain of Rs 778 (up 100.1%).

The BSE OIL & GAS has moved up from 13,572 to 16,121, registering a gain of 2,549 points (up 17.9%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 47.7%), GAIL (up 26.3%) and ONGC (up 20.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 50,400 (down 1.6%). The top gainers among the BSE Sensex stocks today are MARUTI SUZUKI (up 1.7%), SUN PHARMA (up 1.3%) and NTPC (up 1.2%). Other gainers include BHARTI AIRTEL (up 0.9%) and NESTLE (up 0.4%). The most traded stocks in the BSE Sensex are NTPC and BHARTI AIRTEL.

In the meantime, NSE Nifty is at 14,919 (down 1.4%). The top gainers in the NSE Nifty include MARUTI SUZUKI (up 1.7%), DR. REDDYS LAB (up 1.2%) and SUN PHARMA (up 1.0%). Other gainers include BHARTI AIRTEL (up 0.9%) and CIPLA (up 0.6%).

Over the last 12 months, the BSE Sensex has moved up from 40,363 to 50,400, registering a gain of 10,037 points (up 24.5%).

LINDE INDIA Financial Update...

LINDE INDIA net profit down at Rs 390 million for the quarter ended March 2020, compared to a loss of Rs 6 billion a year ago. Net Sales declined 8.6% to Rs 3.8 billion during the period as against Rs 4.1 billion in January-March 2019.

For the year ended December 2018, LINDE INDIA reported 18.5% increase in net profit to Rs 257.0 million compared to net profit of Rs 217.0 million during FY17.

Revenue of the company grew 3.6% to Rs 22 billion during FY18.

The current Price to earnings ratio of LINDE INDIA, based on rolling 12 month earnings, stands at 18.0x.

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