LINDE INDIA at All Time High; BSE OIL & GAS Index Down 0.2%
November 17, 2020 02:04 PM

LINDE INDIA share price has hit an all-time high at Rs 937 (up 8.4%).

Meanwhile, the BSE OIL & GAS Index is at 13,298 (down 0.2%).

Among the top gainers in the BSE OIL & GAS Index today are LINDE INDIA (up 8.4%) and PETRONET LNG (up 1.8%).

RELIANCE IND. (down 0.3%) and IOC (down 0.4%) are among the top losers today.

Over the last one year, LINDE INDIA has moved up from Rs 593 to Rs 937, registering a gain of Rs 344 (up 57.9%).

The BSE OIL & GAS has moved down from 15,201 to 13,298, loss of 1,903 points (down 14.3%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 37.4%) and INDRAPRASTHA GAS (up 2.0%).

What About the Benchmark Indices?

The BSE Sensex is at 44,161 (up 0.2%). The top gainers among the BSE Sensex stocks today are TATA STEEL (up 6.8%), SBI (up 2.6%) and L&T (up 2.2%). Other gainers include HDFC BANK (up 2.1%) and SUN PHARMA (up 1.8%). The most traded stocks in the BSE Sensex are SBI and TATA STEEL.

In the meantime, NSE Nifty is at 12,934 (up 0.6%). The top gainers in the NSE Nifty include TATA STEEL (up 7.2%), TATA MOTORS (up 5.4%) and HDFC LIFE INSURANCE (up 4.8%). Other gainers include SBI (up 3.6%) and ADANI PORTS & SEZ (up 2.8%).

Over the last 12 months, the BSE Sensex has moved up from 40,116 to 44,161, registering a gain of 4,045 points (up 9.3%).

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 10.9x.