Linde India's Stock Sees Positive Movement, Outperforms Sector by 1.16%

Nov 14 2024 10:20 AM IST
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On November 14, 2024, Linde India, a major player in the industrial gases and fuels industry, saw a 3.02% increase in its stock price, outperforming the sector by 1.16%. This follows 5 days of decline, suggesting a possible trend reversal. The stock is currently trading below its moving averages but in line with the sector's performance. In the short term, it has outperformed the Sensex, but in the past month, it has seen a negative trend. MarketsMojo recommends a 'Hold' for the stock based on factual data. Investors are advised to conduct their own research before making any decisions.

Linde India ., a leading player in the industrial gases and fuels industry, saw a positive movement in its stock price on November 14, 2024. The stock gained 3.02%, outperforming the sector by 1.16%. This comes after 5 consecutive days of fall, indicating a possible trend reversal.

The stock touched an intraday high of Rs 6981.95, showing a 3.67% increase. However, Linde India is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In the industrial gases and fuels sector, Linde India's performance is in line with the overall trend. The sector has gained 2.37% on the same day.

Compared to the Sensex, Linde India's performance has been better in the short term. In the past 1 day, the stock has gained 3.49% while the Sensex has only seen a 0.20% increase. However, in the past 1 month, Linde India's performance has been negative, with a -14.12% decrease, while the Sensex has seen a -5.04% decrease.

Overall, Linde India's stock call by MarketsMOJO is 'Hold'. This information is based on facts and figures and does not include any external data or sources. Investors are advised to do their own research and make informed decisions.
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