Why is Linde India falling/rising?

Aug 29 2025 09:29 PM IST
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As of 29-Aug, Linde India Ltd. is seeing a stock price decline to 6,363.90, down 0.59%. The stock has underperformed its sector and shows weak long-term growth, with low ROCE and high valuation metrics contributing to its recent downturn.
As of 29-Aug, Linde India Ltd. is experiencing a decline in its stock price, currently at 6,363.90, reflecting a decrease of 37.75 points or 0.59%. Today's price summary indicates that the stock has underperformed its sector by 0.35% and has fallen after two consecutive days of gains. The stock's performance over the past week shows a modest increase of 0.77%, but it has underperformed on a monthly basis with a decline of 3.08%. Additionally, the stock's moving averages indicate that it is currently higher than the 5-day average but lower than the 20-day, 50-day, 100-day, and 200-day averages. The delivery volume has also seen a significant drop of 53.31% compared to the 5-day average, suggesting a decrease in investor participation.

In the broader market context, Linde India's short-term performance contrasts with the benchmark Sensex, which has declined by 1.84% over the past week and 1.88% over the past month. Despite a year-to-date return of 6.12%, the stock has faced challenges, including poor long-term growth with net sales increasing at an annual rate of only 10.67% over the last five years. The company's financial metrics, such as a low return on capital employed (ROCE) of 16.21% and a high price-to-book value ratio of 14.2, indicate a potentially expensive valuation compared to its peers. These factors, combined with flat quarterly results and a low cash position, contribute to the stock's recent downward movement.
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