Linde India . Stock Declines by -3.45% in Line with Sector Performance

Nov 21 2024 11:00 AM IST
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Linde India ., a leading industrial gases and fuels company, experienced a -3.45% decline in its stock price on November 21, 2024. The stock is currently trading below its moving averages, indicating a downward trend. According to MarketsMojo, the stock call for Linde India . is 'Sell', based on its recent performance and market trends. The company's stock has underperformed in comparison to the overall market in the past 1 day and 1 month. Investors should closely monitor the company's performance before making any investment decisions.

Linde India ., a leading player in the industrial gases and fuels industry, saw a decline of -3.45% in its stock price on November 21, 2024. This was in line with the overall performance of the sector, as the company underperformed by -2.26%. The stock touched an intraday low of Rs 6425, a decrease of -3.17% from the previous day's closing price.

Linde India . is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its stock price. This could be a cause for concern for investors, as it suggests a lack of positive momentum in the company's performance.

According to MarketsMOJO, a leading stock market analysis and recommendation platform, the stock call for Linde India . is 'Sell'. This is based on the company's recent performance and market trends, and is not influenced by any external factors such as investor interest or expert opinions.

In comparison to the overall market performance, Linde India .'s stock has underperformed in the past 1 day and 1 month, with a decline of -3.39% and -21.38% respectively. This is in contrast to the Sensex, which saw a decline of only -0.73% and -5.10% in the same time periods.

Overall, the recent performance of Linde India . has been below par, with a decline in stock price and underperformance in the sector. Investors may want to closely monitor the company's performance and market trends before making any investment decisions.
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