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Linde India Limited Stocks

7240Last Updated 13.04.2026

Issuer Rating

4/7
Performance

Average

Risk

Limited

Recommendation

Hold

Market Cap

₹ 6.61B

Buy
Review
Evaluation
Target price
Dynamics
Performance
Growth
Dividends
Risks
7240
Key Takeaways

Risk factor

Low price volatility

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Data is available to registered users only

Profitability factor

Very strong margins and returns

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Data is available to registered users only
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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Linde India Limited primarily operates as an industrial gases company in India. The company operates in two segments, Gases and Related Products, and Project Engineering. The Gases and Related Products segment primarily produces and sells oxygen, nitrogen, and argon gases. This segment engages in provision of pipeline gas supply to steel, glass, and chemical industries; liquefied gases through cryogenic tankers to various industrial sectors; and compressed gas in cylinders to fabrication, manufacturing, and construction industries. It also offers gases, such as medical oxygen, synthetic air, and nitrous oxide for pharmaceutical use, as well as medical gas distribution systems to hospitals. The Project Engineering segment is involved in the design and engineering, supply, installation, testing, and commissioning of air separation plants and related projects on turnkey basis. This segment also manufactures distillation columns for air separation plants, cryogenic liquid storage tanks, ambient and steam bath vaporizers, process vessels, LINIT plants, small sized cold boxes, and containerized micro plants for cylinder filling for in-house use, as well as for sale to third party customers. In addition, it supplies range of gases and mixtures; and provides related services, including the construction and installation of plants, equipment, pipelines, and associated engineering services to various industries. The company was formerly known as BOC India Limited and changed its name to Linde India Limited in February 2013. The company was incorporated in 1935 and is headquartered in Kolkata, India. Linde India Limited operates as a subsidiary of The BOC Group Limited.

Company Valuation

Greatly overvalued
1/7

Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB

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Target Price

Neutral
4/7

The average target price of LINDEINDIA.NS is 6562 and suggests 9% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendatio

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
    Data is available to registered users only
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