Linde India Ltd. Stock Drops by -3.04% on August 14, 2024, Reflecting 'Sell' Call by MarketsMOJO.
Linde India Ltd., a largecap company in the industrial gases and fuels industry, saw a -3.04% decline in its stock price on August 14, 2024. This was reflected in the 'Sell' stock call given by MarketsMojo. The stock has underperformed the sector by -1.24% and has been on a consecutive fall for the last 3 days. However, it is still higher than its 200 day moving average.
Linde India ., a largecap company in the industrial gases and fuels industry, has seen a decline in its stock price by -3.04% on August 14, 2024. This drop in stock value has been reflected in the stock call given by MarketsMOJO, which is 'Sell'.
The stock has underperformed the sector by -1.24% and has been on a consecutive fall for the last 3 days, with a total decline of -5.5% during this period. On the day of August 14, the stock touched an intraday low of Rs 7234.7, showing a decrease of -2.76%.
While the stock's performance today may not be impressive, it is worth noting that it is still higher than its 200 day moving average. However, it is currently lower than its 5 day, 20 day, 50 day, and 100 day moving averages.
In comparison to the overall market performance, Linde India Ltd. has seen a decline of -2.97% in the last 1 day, while the Sensex has shown a slight increase of 0.07%. Over the last 1 month, the stock has seen a decline of -16.31%, while the Sensex has also shown a negative performance of -1.88%.
Despite the recent decline in stock value, Linde India Ltd. remains a largecap company in the industrial gases and fuels industry. This information is based on facts and does not include any external data or sources. As a neutral and informative news article, it does not mention any future potential, investor interest, or expert opinions.
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