Linde India Faces Continued Stock Decline Amid Broader Market Challenges

Jan 27 2025 09:50 AM IST
share
Share Via
Linde India Ltd. has faced a decline in stock performance, dropping for two consecutive days and accumulating a total loss of 3.09%. The stock is trading below key moving averages and has underperformed compared to its sector and the broader market over the past month.
Linde India Ltd., a prominent player in the Industrial Gases & Fuels sector, has experienced a notable decline in its stock performance today, with a drop of 3.47% as of January 27, 2025. This decline marks a continuation of a downward trend, as the stock has now fallen for two consecutive days, accumulating a total loss of 3.09% during this period.

In terms of market positioning, Linde India is currently trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. The stock's intraday low reached Rs 5647.7, reflecting a decrease of 3.34% at its lowest point today.

When compared to the broader market, Linde India's performance has underperformed the sector, which has seen a decline of 2.43%. Over the past month, the stock has recorded a significant drop of 7.99%, while the Sensex has decreased by 3.59%. These metrics highlight the challenges Linde India is currently facing in the market landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News