Linde India Share Price returned 90.92% CAGR in 3 years
Linde India Limited (NSE: LINDEINDIA) company’s core business segment is into Chemicals and is been selected for investing long term horizon over an year and above based on the strong fundamental and technical analysis provided here in this article.
Technical analysis indicators; Simple Moving Average (SMA) 200 value 2984.52 which is above the SMA 300 value 2683.05 while the Relative Strength Index (RSI) is showing at 41.01.
The trendline is very strong and indicates a bearish momentum ahead. This can be an accumulation period through stock SIP investment option in
Zerodha Trading App
for better stock price averaging while investing.
The market capitalization as on publishing day stands at Rs. 29586/- Crore positioning it in large cap stocks group listed on NSE India.
What made Linde India Share Price to return 90.92% CAGR in 3 years?
Linde India Share Price is currently trading at Rs.
3367.65
per stock &
Linde India Technical Chart
performance of the stock over the last 3 years of time frame which is considered to be a good investment period shows amazing profits at CAGR 90.92%
& now the opportunities indicates to invest based on above technical & following stock fundamentals.
Linde India's 52 week low price at Rs. 1708.27/- & 52 week high price at 4176/-
Note: The closing price Rs 483.9/- of stock on 30-07-2019 was considered for CAGR calculation on a 3 years base with respect to the latest closing price.
Linde India Limited
Following are the strong fundamental analysis of Linde India Share Price which will definitely make to think in one of the large cap companies of India for decent profits for a medium to long term investment horizon.
Fundamental Analysis of Linde India
| Market Capitalization | Rs. 29586 Crore | Return On Equity (ROE) | 20.50% |
| P/E Ratio (TTM) | 80.11 | EPS (TTM) | 43.3 |
| P/B Ratio | 10.9 | Dividend Yield | 0.10% |
| Industry P/E Ratio | 16.99 | Book Value | 332.09 |
| Debt to Equity | 0.01 | Face Value | 10 |
Financial Statement of Linde India
| Yearly | Revenue (Rs. Crores) | Profit (Rs. Crores) | Net Worth (Rs. Crores) |
| 2017 | 2,115.0 | 16.2 | 1,451.0 |
| 2018 | 2,192.0 | 25.7 | 1,462.0 |
| 2019 | 1,762.0 | 727.0 | 2,172.0 |
| 2020 | 1,471.0 | 151.0 | 2,234.0 |
| 2021 | 2,112.0 | 507.0 | 2,715.0 |
Shareholding Pattern of Linde India
| Promoters | 75.00% |
| Retail Investors | 14.39% |
| Foreign Investors | 2.65% |
| Mutual Funds | 7.46% |
| Other Domestic Institutions | 0.50% |
Is Linde India a good buy?
Linde India Limited company is specialised in manufacturing industrial & medical gases at cryogenic & non cryogenic plant facilities. The gases filled & delivered as liquified & compressed form such as nitrogen & oxygen for construction & engineering applicaions. Read more about Linde India Limited company here from its official website.
Competitors of Linde India
As Linde India comes under Chemicals sector; there are quiet a few peer competitors to LINDEINDIA and here is a list of Top 5 Chemicals Companies based on market capitalization as on publishing day are as follows…
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in Linde India on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker who turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in Linde India with Groww App.
Groww App Download
Excited; how to open Demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app. So why don’t to consider buying Linde India now, click here to open Demat account with 5paisa App.
References and External Links:
- Linde India stock chart: https://chartink.com/stocks/LINDEINDIA.html
- About Linde India Company Profile: https://www.linde.in/en/about_linde_india_limited/linde.html
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
Conclusion
It takes 30 long years to turn Rs.1/- worth Rs.1000/- which means doubling money once in every 3 years at a rate of CAGR 26.67% returns. Early investment start time is NOW else 30 years before :-)
-------+-{@ * * * Happy investing for prosperity * * * @}-+--------
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