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Linde India Limited
Buy, Hold or Sell?

Let's analyse Linde together

PenkeI guess you are interested in Linde India Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Linde India Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Linde (30 sec.)










What can you expect buying and holding a share of Linde? (30 sec.)

How much money do you get?

How much money do you get?
INR0.13
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR406.31
Expected worth in 1 year
INR758.31
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR363.20
Return On Investment
5.7%

For what price can you sell your share?

Current Price per Share
INR6,408.85
Expected price per share
INR6,040 - INR6,969
How sure are you?
50%

1. Valuation of Linde (5 min.)




Live pricePrice per Share (EOD)

INR6,408.85

Intrinsic Value Per Share

INR116.53 - INR501.93

Total Value Per Share

INR522.84 - INR908.25

2. Growth of Linde (5 min.)




Is Linde growing?

Current yearPrevious yearGrowGrow %
How rich?$415.8m$325.7m$90m21.7%

How much money is Linde making?

Current yearPrevious yearGrowGrow %
Making money$56.6m$60.8m-$4.2m-7.4%
Net Profit Margin18.1%24.0%--

How much money comes from the company's main activities?

3. Financial Health of Linde (5 min.)




4. Comparing to competitors in the Specialty Chemicals industry (5 min.)




  Industry Rankings (Specialty Chemicals)  


Richest
#185 / 565

Most Revenue
#144 / 565

Most Profit
#79 / 565

What can you expect buying and holding a share of Linde? (5 min.)

Welcome investor! Linde's management wants to use your money to grow the business. In return you get a share of Linde.

What can you expect buying and holding a share of Linde?

First you should know what it really means to hold a share of Linde. And how you can make/lose money.

Speculation

The Price per Share of Linde is INR6,409. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Linde.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Linde, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR406.31. Based on the TTM, the Book Value Change Per Share is INR88.00 per quarter. Based on the YOY, the Book Value Change Per Share is INR56.33 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR2.80 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Linde.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.760.0%0.760.0%0.710.0%0.550.0%0.290.0%
Usd Book Value Change Per Share1.060.0%1.060.0%0.680.0%0.570.0%0.300.0%
Usd Dividend Per Share0.030.0%0.030.0%0.040.0%0.040.0%0.030.0%
Usd Total Gains Per Share1.090.0%1.090.0%0.710.0%0.610.0%0.330.0%
Usd Price Per Share41.22-41.22-29.85-19.77-12.26-
Price to Earnings Ratio54.45-54.45-41.83-76.90-167.82-
Price-to-Total Gains Ratio37.83-37.83-41.92-87.22-81.34-
Price to Book Ratio8.45-8.45-7.81-5.31-3.84-
Price-to-Total Gains Ratio37.83-37.83-41.92-87.22-81.34-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share76.9062
Number of shares13
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.04
Usd Book Value Change Per Share1.060.57
Usd Total Gains Per Share1.090.61
Gains per Quarter (13 shares)14.167.94
Gains per Year (13 shares)56.6631.76
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
12554722922
2311010455954
3516516178886
472202189118118
5927527511147150
61032933214177182
71238438916206214
81443944618236246
91649450321265278
101754956023295310

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%18.01.00.094.7%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.01.094.7%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%18.01.00.094.7%

Fundamentals of Linde

About Linde India Limited

Linde India Limited 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 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 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 manufactures distillation columns for air separation plants, cryogenic liquid storage tanks, ambient and steam bath vaporizers, process vessels, small sized cold boxes, and containerized micro plants for cylinder filling, submerged combustion vaporizer, and liquifiers for in-house use, as well as for sale to third party customers. In addition, the company 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. Linde India Limited was incorporated in 1935 and is headquartered in Kolkata, India. Linde India Limited operates as a subsidiary of The BOC Group Limited.

Fundamental data was last updated by Penke on 2024-03-23 13:24:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Linde India Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Linde earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Linde to the Specialty Chemicals industry mean.
  • A Net Profit Margin of 18.1% means that ₹0.18 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Linde India Limited:

  • The MRQ is 18.1%. The company is making a huge profit. +2
  • The TTM is 18.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ18.1%TTM18.1%0.0%
TTM18.1%YOY24.0%-5.9%
TTM18.1%5Y19.0%-0.8%
5Y19.0%10Y10.4%+8.6%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ18.1%4.2%+13.9%
TTM18.1%4.2%+13.9%
YOY24.0%6.5%+17.5%
5Y19.0%6.0%+13.0%
10Y10.4%6.0%+4.4%
1.1.2. Return on Assets

Shows how efficient Linde is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Linde to the Specialty Chemicals industry mean.
  • 10.7% Return on Assets means that Linde generated ₹0.11 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Linde India Limited:

  • The MRQ is 10.7%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 10.7%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ10.7%TTM10.7%0.0%
TTM10.7%YOY12.6%-1.9%
TTM10.7%5Y10.2%+0.5%
5Y10.2%10Y5.5%+4.7%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ10.7%1.1%+9.6%
TTM10.7%1.1%+9.6%
YOY12.6%1.7%+10.9%
5Y10.2%1.6%+8.6%
10Y5.5%1.7%+3.8%
1.1.3. Return on Equity

Shows how efficient Linde is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Linde to the Specialty Chemicals industry mean.
  • 19.3% Return on Equity means Linde generated ₹0.19 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Linde India Limited:

  • The MRQ is 19.3%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 19.3%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ19.3%TTM19.3%0.0%
TTM19.3%YOY18.7%+0.7%
TTM19.3%5Y16.0%+3.3%
5Y16.0%10Y9.0%+7.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ19.3%2.2%+17.1%
TTM19.3%2.0%+17.3%
YOY18.7%3.2%+15.5%
5Y16.0%2.8%+13.2%
10Y9.0%2.8%+6.2%

1.2. Operating Efficiency of Linde India Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Linde is operating .

  • Measures how much profit Linde makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Linde to the Specialty Chemicals industry mean.
  • An Operating Margin of 16.4% means the company generated ₹0.16  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Linde India Limited:

  • The MRQ is 16.4%. The company is operating efficient. +1
  • The TTM is 16.4%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ16.4%TTM16.4%0.0%
TTM16.4%YOY20.2%-3.8%
TTM16.4%5Y14.7%+1.7%
5Y14.7%10Y10.9%+3.8%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ16.4%7.5%+8.9%
TTM16.4%4.9%+11.5%
YOY20.2%8.3%+11.9%
5Y14.7%8.1%+6.6%
10Y10.9%7.3%+3.6%
1.2.2. Operating Ratio

Measures how efficient Linde is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 0.35 means that the operating costs are ₹0.35 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Linde India Limited:

  • The MRQ is 0.352. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.352. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.352TTM0.3520.000
TTM0.352YOY0.827-0.475
TTM0.3525Y0.768-0.416
5Y0.76810Y0.853-0.084
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3521.529-1.177
TTM0.3521.530-1.178
YOY0.8271.459-0.632
5Y0.7681.459-0.691
10Y0.8531.228-0.375

1.3. Liquidity of Linde India Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Linde is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 2.21 means the company has ₹2.21 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Linde India Limited:

  • The MRQ is 2.211. The company is able to pay all its short-term debts. +1
  • The TTM is 2.211. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.211TTM2.2110.000
TTM2.211YOY2.134+0.077
TTM2.2115Y1.573+0.639
5Y1.57310Y1.198+0.374
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2111.831+0.380
TTM2.2111.875+0.336
YOY2.1341.896+0.238
5Y1.5731.926-0.353
10Y1.1981.762-0.564
1.3.2. Quick Ratio

Measures if Linde is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Linde to the Specialty Chemicals industry mean.
  • A Quick Ratio of 1.92 means the company can pay off ₹1.92 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Linde India Limited:

  • The MRQ is 1.917. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.917. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.917TTM1.9170.000
TTM1.917YOY1.880+0.037
TTM1.9175Y1.301+0.616
5Y1.30110Y0.950+0.351
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9170.846+1.071
TTM1.9170.884+1.033
YOY1.8800.966+0.914
5Y1.3011.049+0.252
10Y0.9501.030-0.080

1.4. Solvency of Linde India Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Linde assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Linde to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.21 means that Linde assets are financed with 21.2% credit (debt) and the remaining percentage (100% - 21.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Linde India Limited:

  • The MRQ is 0.212. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.212. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.212TTM0.2120.000
TTM0.212YOY0.324-0.112
TTM0.2125Y0.351-0.139
5Y0.35110Y0.486-0.135
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2120.431-0.219
TTM0.2120.427-0.215
YOY0.3240.426-0.102
5Y0.3510.433-0.082
10Y0.4860.439+0.047
1.4.2. Debt to Equity Ratio

Measures if Linde is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Linde to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 38.3% means that company has ₹0.38 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Linde India Limited:

  • The MRQ is 0.383. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.383. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.383TTM0.3830.000
TTM0.383YOY0.479-0.097
TTM0.3835Y0.631-0.248
5Y0.63110Y1.140-0.509
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3830.767-0.384
TTM0.3830.752-0.369
YOY0.4790.747-0.268
5Y0.6310.797-0.166
10Y1.1400.845+0.295

2. Market Valuation of Linde India Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Linde generates.

  • Above 15 is considered overpriced but always compare Linde to the Specialty Chemicals industry mean.
  • A PE ratio of 54.45 means the investor is paying ₹54.45 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Linde India Limited:

  • The EOD is 101.595. Based on the earnings, the company is expensive. -2
  • The MRQ is 54.449. Based on the earnings, the company is expensive. -2
  • The TTM is 54.449. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD101.595MRQ54.449+47.146
MRQ54.449TTM54.4490.000
TTM54.449YOY41.825+12.623
TTM54.4495Y76.903-22.454
5Y76.90310Y167.822-90.919
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD101.59515.198+86.397
MRQ54.44913.988+40.461
TTM54.44915.705+38.744
YOY41.82517.841+23.984
5Y76.90319.498+57.405
10Y167.82223.951+143.871
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Linde India Limited:

  • The EOD is 256.865. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 137.664. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 137.664. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD256.865MRQ137.664+119.201
MRQ137.664TTM137.6640.000
TTM137.664YOY46.918+90.746
TTM137.6645Y51.779+85.885
5Y51.77910Y18.212+33.566
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD256.8654.953+251.912
MRQ137.6644.382+133.282
TTM137.6642.275+135.389
YOY46.918-0.150+47.068
5Y51.7793.098+48.681
10Y18.2122.609+15.603
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Linde is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 8.45 means the investor is paying ₹8.45 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Linde India Limited:

  • The EOD is 15.773. Based on the equity, the company is expensive. -2
  • The MRQ is 8.453. Based on the equity, the company is overpriced. -1
  • The TTM is 8.453. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD15.773MRQ8.453+7.320
MRQ8.453TTM8.4530.000
TTM8.453YOY7.814+0.639
TTM8.4535Y5.308+3.145
5Y5.30810Y3.842+1.466
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD15.7731.735+14.038
MRQ8.4531.781+6.672
TTM8.4531.854+6.599
YOY7.8142.306+5.508
5Y5.3082.348+2.960
10Y3.8422.842+1.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Linde India Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--87.99987.9990%56.329+56%47.245+86%24.991+252%
Book Value Per Share--406.312406.3120%318.313+28%282.538+44%224.522+81%
Current Ratio--2.2112.2110%2.134+4%1.573+41%1.198+85%
Debt To Asset Ratio--0.2120.2120%0.324-34%0.351-40%0.486-56%
Debt To Equity Ratio--0.3830.3830%0.479-20%0.631-39%1.140-66%
Dividend Per Share--2.8002.8000%3.000-7%3.660-24%2.432+15%
Eps--63.08263.0820%59.470+6%45.709+38%24.513+157%
Free Cash Flow Per Share--24.95024.9500%53.015-53%34.311-27%21.847+14%
Free Cash Flow To Equity Per Share--13.74713.7470%49.714-72%-6.416+147%-3.252+124%
Gross Profit Margin--0.9380.9380%1.000-6%0.841+12%0.921+2%
Intrinsic Value_10Y_max--501.933--------
Intrinsic Value_10Y_min--116.525--------
Intrinsic Value_1Y_max--39.550--------
Intrinsic Value_1Y_min--19.480--------
Intrinsic Value_3Y_max--127.022--------
Intrinsic Value_3Y_min--52.118--------
Intrinsic Value_5Y_max--224.370--------
Intrinsic Value_5Y_min--77.478--------
Market Cap546573645170.000+46%292966582210.500292966582210.5000%212145399966.100+38%140484259259.650+109%87130398256.615+236%
Net Profit Margin--0.1810.1810%0.240-24%0.190-4%0.104+75%
Operating Margin--0.1640.1640%0.202-19%0.147+12%0.109+50%
Operating Ratio--0.3520.3520%0.827-57%0.768-54%0.853-59%
Pb Ratio15.773+46%8.4538.4530%7.814+8%5.308+59%3.842+120%
Pe Ratio101.595+46%54.44954.4490%41.825+30%76.903-29%167.822-68%
Price Per Share6408.850+46%3434.7503434.7500%2487.350+38%1647.130+109%1021.585+236%
Price To Free Cash Flow Ratio256.865+46%137.664137.6640%46.918+193%51.779+166%18.212+656%
Price To Total Gains Ratio70.583+46%37.82837.8280%41.925-10%87.220-57%81.342-53%
Quick Ratio--1.9171.9170%1.880+2%1.301+47%0.950+102%
Return On Assets--0.1070.1070%0.126-15%0.102+5%0.055+96%
Return On Equity--0.1930.1930%0.187+4%0.160+21%0.090+116%
Total Gains Per Share--90.79990.7990%59.329+53%50.905+78%27.422+231%
Usd Book Value--415876440.000415876440.0000%325786200.000+28%289166784.000+44%229786776.000+81%
Usd Book Value Change Per Share--1.0561.0560%0.676+56%0.567+86%0.300+252%
Usd Book Value Per Share--4.8764.8760%3.820+28%3.390+44%2.694+81%
Usd Dividend Per Share--0.0340.0340%0.036-7%0.044-24%0.029+15%
Usd Eps--0.7570.7570%0.714+6%0.549+38%0.294+157%
Usd Free Cash Flow--25537536.00025537536.0000%54259680.000-53%35115163.200-27%22358937.600+14%
Usd Free Cash Flow Per Share--0.2990.2990%0.636-53%0.412-27%0.262+14%
Usd Free Cash Flow To Equity Per Share--0.1650.1650%0.597-72%-0.077+147%-0.039+124%
Usd Market Cap6558883742.040+46%3515598986.5263515598986.5260%2545744799.593+38%1685811111.116+109%1045564779.079+236%
Usd Price Per Share76.906+46%41.21741.2170%29.848+38%19.766+109%12.259+236%
Usd Profit--56649840.00056649840.0000%60866160.000-7%45198480.000+25%24254364.000+134%
Usd Revenue--312150600.000312150600.0000%253384560.000+23%243254808.000+28%221401404.000+41%
Usd Total Gains Per Share--1.0901.0900%0.712+53%0.611+78%0.329+231%
 EOD+4 -4MRQTTM+0 -0YOY+19 -175Y+26 -1010Y+32 -4

3.2. Fundamental Score

Let's check the fundamental score of Linde India Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15101.595
Price to Book Ratio (EOD)Between0-115.773
Net Profit Margin (MRQ)Greater than00.181
Operating Margin (MRQ)Greater than00.164
Quick Ratio (MRQ)Greater than11.917
Current Ratio (MRQ)Greater than12.211
Debt to Asset Ratio (MRQ)Less than10.212
Debt to Equity Ratio (MRQ)Less than10.383
Return on Equity (MRQ)Greater than0.150.193
Return on Assets (MRQ)Greater than0.050.107
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of Linde India Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.039
Ma 20Greater thanMa 506,092.953
Ma 50Greater thanMa 1005,812.110
Ma 100Greater thanMa 2005,804.400
OpenGreater thanClose6,350.000
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Other Stockholders Equity  13,232,180-5,263,8007,968,3801007,968,4802,6507,971,130-32,380,300-24,409,170
Long-term Assets Other  1,896,580282,9102,179,490-384,5401,794,950250,2702,045,220-22,242,360-20,197,140
Total Operating Expenses  16,475,350-5,604,66010,870,690-1,735,2609,135,4301,373,73010,509,160-16,629,410-6,120,250



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in INR. All numbers in thousands.

Summary
Total Assets43,997,850
Total Liabilities9,341,480
Total Stockholder Equity24,409,170
 As reported
Total Liabilities 9,341,480
Total Stockholder Equity+ 24,409,170
Total Assets = 43,997,850

Assets

Total Assets43,997,850
Total Current Assets20,657,170
Long-term Assets20,197,140
Total Current Assets
Cash And Cash Equivalents 11,866,090
Net Receivables 6,041,610
Inventory 1,651,210
Other Current Assets 110,280
Total Current Assets  (as reported)20,657,170
Total Current Assets  (calculated)19,669,190
+/- 987,980
Long-term Assets
Property Plant Equipment 19,673,180
Goodwill 89,340
Intangible Assets 114,120
Other Assets 3,143,540
Long-term Assets  (as reported)20,197,140
Long-term Assets  (calculated)23,020,180
+/- 2,823,040

Liabilities & Shareholders' Equity

Total Current Liabilities9,341,480
Long-term Liabilities0
Total Stockholder Equity24,409,170
Total Current Liabilities
Accounts payable 5,451,570
Other Current Liabilities 3,889,910
Total Current Liabilities  (as reported)9,341,480
Total Current Liabilities  (calculated)9,341,480
+/-0
Long-term Liabilities
Long term Debt Total 206,910
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)206,910
+/- 206,910
Total Stockholder Equity
Retained Earnings 23,556,330
Capital Surplus 6,972,520
Total Stockholder Equity (as reported)24,409,170
Total Stockholder Equity (calculated)30,528,850
+/- 6,119,680
Other
Cash And Equivalents11,627,000
Cash and Short Term Investments 11,866,090
Common Stock Shares Outstanding 85,295
Liabilities and Stockholders Equity 43,997,850
Net Debt -11,866,090
Net Working Capital 11,315,690



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-31
> Total Assets 
4,572,422
4,980,069
6,071,938
6,074,820
13,199,082
16,255,492
23,488,716
29,804,650
34,140,690
39,659,930
38,795,150
36,642,030
38,811,540
34,086,330
34,102,650
32,498,850
32,722,640
40,166,100
43,997,850
43,997,85040,166,10032,722,64032,498,85034,102,65034,086,33038,811,54036,642,03038,795,15039,659,93034,140,69029,804,65023,488,71616,255,49213,199,0826,074,8206,071,9384,980,0694,572,422
   > Total Current Assets 
1,080,417
829,267
2,578,570
1,553,473
4,075,253
4,757,085
6,756,545
9,131,400
6,758,520
7,334,200
6,212,810
5,738,150
7,417,030
6,715,600
10,306,630
9,565,800
10,698,250
18,682,900
20,657,170
20,657,17018,682,90010,698,2509,565,80010,306,6306,715,6007,417,0305,738,1506,212,8107,334,2006,758,5209,131,4006,756,5454,757,0854,075,2531,553,4732,578,570829,2671,080,417
       Cash And Cash Equivalents 
244,502
7,684
624,709
13,155
1,386,516
722,223
572,328
231,180
457,190
578,160
566,990
199,460
1,067,750
386,400
1,245,760
2,400,410
3,241,440
9,832,930
11,866,090
11,866,0909,832,9303,241,4402,400,4101,245,760386,4001,067,750199,460566,990578,160457,190231,180572,328722,2231,386,51613,155624,7097,684244,502
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
185,250
250,840
160,970
127,510
134,210
21,140
0
021,140134,210127,510160,970250,840185,250000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
4,303,110
3,610,860
3,548,920
4,963,430
4,893,150
4,831,040
5,426,490
4,884,840
6,578,040
6,041,610
6,041,6106,578,0404,884,8405,426,4904,831,0404,893,1504,963,4303,548,9203,610,8604,303,110000000000
       Inventory 
185,006
207,941
389,315
281,792
479,978
675,651
653,954
739,530
714,900
762,890
708,630
652,990
707,130
683,260
709,560
654,050
685,910
691,040
1,651,210
1,651,210691,040685,910654,050709,560683,260707,130652,990708,630762,890714,900739,530653,954675,651479,978281,792389,315207,941185,006
       Other Current Assets 
121,798
105,533
149,867
170,477
503,492
1,049,259
1,399,954
2,506,970
5,586,430
5,993,150
4,937,190
4,885,700
5,642,150
5,395,100
8,190,340
6,383,830
1,751,850
8,137,790
110,280
110,2808,137,7901,751,8506,383,8308,190,3405,395,1005,642,1504,885,7004,937,1905,993,1505,586,4302,506,9701,399,9541,049,259503,492170,477149,867105,533121,798
   > Long-term Assets 
3,492,005
4,150,802
3,493,368
4,521,347
9,123,829
11,498,407
16,732,171
20,673,250
27,382,170
32,325,730
32,582,340
30,903,880
31,394,510
27,370,730
23,796,020
22,933,050
22,024,390
21,483,200
20,197,140
20,197,14021,483,20022,024,39022,933,05023,796,02027,370,73031,394,51030,903,88032,582,34032,325,73027,382,17020,673,25016,732,17111,498,4079,123,8294,521,3473,493,3684,150,8023,492,005
       Property Plant Equipment 
2,835,655
3,162,088
3,109,728
4,285,624
8,885,139
11,165,822
16,297,953
20,449,650
22,544,460
23,929,780
25,440,140
27,263,170
27,605,700
25,324,520
22,052,740
20,877,430
20,059,150
19,157,540
19,673,180
19,673,18019,157,54020,059,15020,877,43022,052,74025,324,52027,605,70027,263,17025,440,14023,929,78022,544,46020,449,65016,297,95311,165,8228,885,1394,285,6243,109,7283,162,0882,835,655
       Goodwill 
0
0
0
0
0
0
0
0
18,510
96,480
71,650
46,820
23,630
0
0
0
0
89,340
89,340
89,34089,340000023,63046,82071,65096,48018,51000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
150,070
150,070
150,070
606,290
578,910
310
41,350
0
0
0
00041,350310578,910606,290150,070150,070150,070000000000
       Intangible Assets 
0
0
0
0
0
0
0
73,600
39,910
59,730
56,900
31,460
19,420
10,140
7,360
3,350
3,330
119,060
114,120
114,120119,0603,3303,3507,36010,14019,42031,46056,90059,73039,91073,6000000000
       Long-term Assets Other 
201,310
713,929
290,126
150,000
150,000
150,000
150,000
150,000
4,779,290
8,239,740
7,013,650
3,562,430
3,745,760
1,708,000
1,896,580
2,179,490
1,794,950
2,045,220
-20,197,140
-20,197,1402,045,2201,794,9502,179,4901,896,5801,708,0003,745,7603,562,4307,013,6508,239,7404,779,290150,000150,000150,000150,000150,000290,126713,929201,310
> Total Liabilities 
2,314,510
2,590,377
3,063,878
2,764,290
2,836,539
5,674,274
12,338,112
17,184,800
20,801,570
25,386,660
24,902,930
22,716,200
24,405,850
19,580,520
19,483,890
10,779,760
10,379,550
13,017,250
9,341,480
9,341,48013,017,25010,379,55010,779,76019,483,89019,580,52024,405,85022,716,20024,902,93025,386,66020,801,57017,184,80012,338,1125,674,2742,836,5392,764,2903,063,8782,590,3772,314,510
   > Total Current Liabilities 
846,787
1,225,628
1,390,686
1,277,789
2,252,526
3,568,458
6,564,541
7,668,830
8,220,100
9,326,470
8,964,060
4,759,380
9,596,560
10,162,870
13,538,440
7,844,670
6,963,890
8,753,230
9,341,480
9,341,4808,753,2306,963,8907,844,67013,538,44010,162,8709,596,5604,759,3808,964,0609,326,4708,220,1007,668,8306,564,5413,568,4582,252,5261,277,7891,390,6861,225,628846,787
       Short-term Debt 
0
0
0
0
5,926
0
0
0
2,485,400
4,121,240
4,620,300
500,000
4,556,220
5,055,070
7,729,160
1,084,720
10,080
12,560
0
012,56010,0801,084,7207,729,1605,055,0704,556,220500,0004,620,3004,121,2402,485,4000005,9260000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
15,278,110
3,120,300
13,882,600
4,556,220
5,055,070
7,729,160
1,706,300
0
0
0
0001,706,3007,729,1605,055,0704,556,22013,882,6003,120,30015,278,110000000000
       Accounts payable 
447,048
670,215
1,006,839
904,411
1,613,328
2,609,507
2,968,878
3,001,240
2,577,770
3,104,840
2,508,360
2,162,260
2,804,580
2,391,200
2,948,800
3,549,830
4,339,110
5,792,910
5,451,570
5,451,5705,792,9104,339,1103,549,8302,948,8002,391,2002,804,5802,162,2602,508,3603,104,8402,577,7703,001,2402,968,8782,609,5071,613,328904,4111,006,839670,215447,048
       Other Current Liabilities 
399,739
555,413
383,847
373,378
633,272
958,951
3,595,663
4,667,590
3,156,930
2,100,390
1,835,400
2,097,120
2,235,760
2,716,600
1,102,820
22,380
557,650
57,300
3,889,910
3,889,91057,300557,65022,3801,102,8202,716,6002,235,7602,097,1201,835,4002,100,3903,156,9304,667,5903,595,663958,951633,272373,378383,847555,413399,739
   > Long-term Liabilities 
1,467,723
1,364,749
1,673,192
1,486,501
584,013
2,105,816
5,773,571
9,515,970
12,581,470
16,060,190
15,938,870
17,956,820
14,809,290
9,417,650
5,945,450
2,935,090
3,415,660
4,264,020
0
04,264,0203,415,6602,935,0905,945,4509,417,65014,809,29017,956,82015,938,87016,060,19012,581,4709,515,9705,773,5712,105,816584,0131,486,5011,673,1921,364,7491,467,723
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
13,382,600
9,897,320
7,763,570
4,167,760
0
58,950
230,370
206,910
206,910230,37058,95004,167,7607,763,5709,897,32013,382,60000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
4,903,320
4,914,870
4,574,220
1,640,960
1,654,080
1,777,690
2,935,090
3,356,710
4,033,650
0
04,033,6503,356,7102,935,0901,777,6901,654,0801,640,9604,574,2204,914,8704,903,320000000000
> Total Stockholder Equity
2,257,912
2,389,692
3,008,060
3,310,530
10,362,543
10,581,218
11,150,604
12,619,850
13,339,120
14,273,270
13,892,220
13,925,830
14,405,690
14,505,810
14,618,760
21,719,090
22,343,090
27,148,850
24,409,170
24,409,17027,148,85022,343,09021,719,09014,618,76014,505,81014,405,69013,925,83013,892,22014,273,27013,339,12012,619,85011,150,60410,581,21810,362,5433,310,5303,008,0602,389,6922,257,912
   Common Stock
0
0
0
0
0
0
0
0
852,840
852,840
852,840
852,840
852,840
852,840
852,840
852,840
852,840
852,840
852,840
852,840852,840852,840852,840852,840852,840852,840852,840852,840852,840852,84000000000
   Retained Earnings Total Equity0000000000000000000
   Accumulated Other Comprehensive Income 000-6,909,030-5,262,860-3,867,540-12,262,270-9,855,240-8,428,220-6,835,720-5,892,590-4,853,150-4,291,925-3,757,578-3,363,079-3,012,822-2,752,655-2,644,124-2,384,096
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
6,972,520
6,972,520
6,972,520
6,972,520
6,972,520
6,972,520
6,972,520
6,972,520
6,972,520
6,972,5206,972,5206,972,5206,972,5206,972,5206,972,5206,972,5206,972,5206,972,5200000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
4,642,008
5,033,816
5,240,199
5,544,970
11,965,738
12,222,779
12,586,174
13,609,600
13,814,090
15,106,420
16,420,080
17,768,570
25,815,120
11,819,880
13,232,180
7,968,380
7,968,480
7,971,130
-24,409,170
-24,409,1707,971,1307,968,4807,968,38013,232,18011,819,88025,815,12017,768,57016,420,08015,106,42013,814,09013,609,60012,586,17412,222,77911,965,7385,544,9705,240,1995,033,8164,642,008



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue26,012,550
Cost of Revenue-15,278,400
Gross Profit10,734,15010,734,150
 
Operating Income (+$)
Gross Profit10,734,150
Operating Expense--6,120,250
Operating Income4,275,56016,854,400
 
Operating Expense (+$)
Research Development0
Selling General Administrative58,700
Selling And Marketing Expenses290,590
Operating Expense-6,120,250349,290
 
Net Interest Income (+$)
Interest Income667,770
Interest Expense-43,410
Other Finance Cost-473,480
Net Interest Income150,880
 
Pretax Income (+$)
Operating Income4,275,560
Net Interest Income150,880
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,173,2703,377,850
EBIT - interestExpense = 4,232,150
5,173,270
4,764,230
Interest Expense43,410
Earnings Before Interest and Taxes (EBIT)4,275,5605,216,680
Earnings Before Interest and Taxes (EBITDA)6,274,064
 
After tax Income (+$)
Income Before Tax5,173,270
Tax Provision-802,270
Net Income From Continuing Ops3,966,2704,371,000
Net Income4,720,820
Net Income Applicable To Common Shares5,380,590
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses9,158,150
Total Other Income/Expenses Net897,710-150,880
 

Technical Analysis of Linde
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Linde. The general trend of Linde is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Linde's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Linde India Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 6,969.

The bearish price targets are: 6,285 > 6,143 > 6,040.

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Linde India Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Linde India Limited. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Linde India Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Linde India Limited. The current macd is 225.85.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Linde price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Linde. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Linde price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Linde India Limited Daily Moving Average Convergence/Divergence (MACD) ChartLinde India Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Linde India Limited. The current adx is 36.55.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Linde shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Linde India Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Linde India Limited. The current sar is 6,305.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Linde India Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Linde India Limited. The current rsi is 60.04. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Linde India Limited Daily Relative Strength Index (RSI) ChartLinde India Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Linde India Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Linde price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Linde India Limited Daily Stochastic Oscillator ChartLinde India Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Linde India Limited. The current cci is 53.20.

Linde India Limited Daily Commodity Channel Index (CCI) ChartLinde India Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Linde India Limited. The current cmo is 17.29.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Linde India Limited Daily Chande Momentum Oscillator (CMO) ChartLinde India Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Linde India Limited. The current willr is -39.11935191.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Linde is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Linde India Limited Daily Williams %R ChartLinde India Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Linde India Limited.

Linde India Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Linde India Limited. The current atr is 269.67.

Linde India Limited Daily Average True Range (ATR) ChartLinde India Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Linde India Limited. The current obv is 9,214,871.

Linde India Limited Daily On-Balance Volume (OBV) ChartLinde India Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Linde India Limited. The current mfi is 87.77.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Linde India Limited Daily Money Flow Index (MFI) ChartLinde India Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Linde India Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-29BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-14BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-20BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Linde India Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Linde India Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.039
Ma 20Greater thanMa 506,092.953
Ma 50Greater thanMa 1005,812.110
Ma 100Greater thanMa 2005,804.400
OpenGreater thanClose6,350.000
Total4/5 (80.0%)
Penke

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