Linde India at new high , soars 16% in 2 days on winning LoA from Indian Oil Thus far in the calendar year 2023, the stock price of Linde India has zoomed 70 per cent, as compared to 6.6 per cent rise in the S&P BSE Sensex.
Shares of Linde India hit a new high of Rs 6,075.05, as they gained 5 per cent on the BSE in Wednesday’s intra-day trade after winning Letter of Acceptance’ from Indian Oil Corporation (IOCL) for setting-up of Air Separation Unit (ASU) within its Panipat Refinery Complex. Linde India expects to fund the capital expenditure from its own funds/internal accruals.
The stock of industrial gas company has surged 16 per cent in past two trading days. In comparison, the S&P BSE Sensex was down 0.07 per cent at 65,176 at 09:30 AM.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.