Linde India share price has plunged 4% and is presently trading at Rs 7,000.0.
Meanwhile, the BSE OIL & GAS index is at 26,804.9 (down 1.1%).
Among the top losers in the BSE OIL & GAS index today are GAIL (down 4.3%) and GUJARAT GAS (down 2.8%).
ADANI TOTAL GAS (up 0.1%) is among the top gainers today.
Over the last one year, Linde India has moved up from Rs 6,183.5 to Rs 7,000.0, registering a gain of Rs 816.5 (up 13.2%).
On the other hand, the BSE OIL & GAS index has moved up from 19,354.6 to 26,804.9, registering a gain of 38.5% during the last 12 months.
The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 88.2%), Petronet LNG (up 61.4%) and BPCL (up 61.0%).
For Investors: Our Big Prediction
The BSE Sensex is at 78,675.2 (down 1.0%).
The top losers among the BSE Sensex today are NTPC (down 3.1%) and Asian Paints (down 2.8%). The most traded stocks in the BSE Sensex are Tata Motors and Tata Steel.
In the meantime, NSE Nifty is at 23,843.0 (down 1.2%). Bharat Electronics and NTPC are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,975.6 to 78,675.2, registering a gain of 13,699.6 points (up 21.1%).
Linde India net profit fell 2.2% YoY to Rs 1,044 million for the quarter ended September 2024, compared to a profit of Rs 1,067 million a year ago. Net sales declined 10.8% to Rs 6,344 million during the period as against Rs 7,114 million in July-September 2023.
For the year ended March 2024, Linde India reported 19.3% decrease in net profit to Rs 4,341 million compared to net profit of Rs 5,381 million during FY23. Revenue of the company fell 11.7% to Rs 27,687 million during FY24.
The current Price to earnings ratio of Linde India, based on rolling 12 month earnings, stands at 136.5.
Equitymaster requests your view! Post a comment on "Linde India Plunges 4%; BSE OIL & GAS Index Down 1.1%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!