The Stratzy Report: Buy Linde India - April 02

On April 02, Stratzy issued a buy call on Linde India with a target price of Rs 7340, indicating a potential upside of approximately 10%. At the time of the recommendation, the current market price of Linde India was Rs 6663.95. This suggests that Stratzy analysts believe that the stock is undervalued and has the potential to appreciate in the near term. Investors should conduct their own research and consider their own risk tolerance before making any investment decisions.

About Linde India:

Linde India Limited is a leading industrial gases company in India. It is a subsidiary of Linde plc, a global leader in the gases and engineering industry. Linde India provides a comprehensive range of industrial gases, specialty gases, equipment, and related services to various industries, including automotive, chemicals, electronics, food & beverages, glass, healthcare, manufacturing, metals, and pharmaceuticals. The company has a strong presence across India with manufacturing facilities, distribution centers, and a wide network of customers. Linde India is committed to sustainability and innovation, and it actively promotes the responsible use of industrial gases to protect the environment.

52 Week Price Trend:

Linde India's current market price (CMP) of Rs 6663.95 falls within the 52-week range of Rs 3617.55 to Rs 6885.95. The stock has experienced significant volatility over the past year, with a 52-week high of Rs 6885.95 and a low of Rs 3617.55. The current price is about 3.2% below the 52-week high and approximately 84% above the 52-week low. Investors should carefully consider the company's financial performance, industry trends, and overall market conditions before making any investment decisions.

Stratzy's MOST Analysis:

LINDEINDIA has been rated AAA by Stratzy's MOST framework, indicating that it possesses strong fundamentals with low risks. This rating is based on the company's favorable management practices, positive outlook, robust safety measures, and favorable market trends. The AAA rating suggests that LINDEINDIA is a financially sound and well-managed company with a positive growth trajectory, making it an attractive investment opportunity.

Company's Fundamentals:

Linde India (NSE: LINDEINDIA) is a publicly traded company on the National Stock Exchange of India (NSE). Its recent financial data includes a Stock PE of 112.09, indicating that investors are willing to pay 112.09 times the company's yearly earnings per share for its stock. The PB Ratio of 14.66 suggests that investors are valuing the company at 14.66 times its book value per share. However, the Dividend Yield of 0.08% indicates that the company distributes a relatively small portion of its earnings as dividends to shareholders.

Fundamental and Technical information provided in this blog were last updated on 02 Apr, 2024

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