LINDE INDIA Plunges by 6%; BSE OIL & GAS Index Down 2.7%

March 6, 2020 03:18 PM

LINDE INDIA share price has plunged 6% and is presently trading at Rs 621.

Meanwhile, the BSE OIL & GAS Index is at 12,335 (down 2.7%).

Among the top losers in the BSE OIL & GAS Index today is LINDE INDIA (down 5.6%).

GAIL (up 1.2%) is among the top gainer today.

Over the last one year, LINDE INDIA has moved up from Rs 538 to Rs 621, registering a gain of Rs 83 (up 15.4%)..

The BSE OIL & GAS has moved down from 14,321 to 12,335, loss of 1,986 points (down 13.9%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were INDRAPRASTHA GAS (up 46.8%), BPCL (up 11.0%) and PETRONET LNG (up 3.8%).

What About the Benchmark Indices?

The BSE Sensex is at 37,747 (down 2.3%). The top gainers among the BSE Sensex stocks today are MARUTI SUZUKI (up 1.4%) and BAJAJ AUTO (up 1.0%). The most traded stocks in the BSE Sensex are MARUTI SUZUKI and BAJAJ AUTO.

In the meantime, NSE Nifty is at 11,035 (down 2.4%). MARUTI SUZUKI (up 1.4%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,443 to 37,747, registering a gain of 1,304 points (up 3.1%).

LINDE INDIA Financial Update...

LINDE INDIA net profit stood at Rs 369 million for the quarter ended September 2019, compared to a profit of Rs 154 million a year ago. Net Sales declined 27.2% to Rs 4.1 billion during the period as against Rs 5.6 billion in July-September 2018.

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 47.7x.