LINDEINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | LINDEINDIA | Market Cap | 51,125 Cr. | Current Price | 5,987 ₹ | High / Low | 7,870 ₹ |
| Stock P/E | 101 | Book Value | 463 ₹ | Dividend Yield | 0.07 % | ROCE | 16.9 % |
| ROE | 12.3 % | Face Value | 10.0 ₹ | DMA 50 | 5,971 ₹ | DMA 200 | 6,246 ₹ |
| Chg in FII Hold | -0.32 % | Chg in DII Hold | 0.20 % | PAT Qtr | 169 Cr. | PAT Prev Qtr | 105 Cr. |
| RSI | 52.8 | MACD | -3.38 | Volume | 16,511 | Avg Vol 1Wk | 15,607 |
| Low price | 5,202 ₹ | High price | 7,870 ₹ | PEG Ratio | 7.33 | Debt to equity | 0.02 |
| 52w Index | 29.4 % | Qtr Profit Var | 61.9 % | EPS | 59.3 ₹ | Industry PE | 33.9 |
📊 Analysis: Linde India is trading at 5,987 ₹, almost aligned with its 50 DMA (5,971 ₹) but below the 200 DMA (6,246 ₹), indicating short-term neutrality with mild long-term weakness. RSI at 52.8 shows balanced momentum, while MACD (-3.38) reflects slight bearishness. Intraday volume (16.5k) is close to weekly average (15.6k), suggesting stable participation but no breakout signal. Valuation remains expensive (P/E 101 vs industry 33.9), limiting upside despite strong quarterly profit growth.
💰 Optimal Buy Price (Intraday): 5,960–5,980 ₹ (near support zone).
📈 Profit-Taking Levels: 6,050 ₹ (first resistance), 6,120 ₹ (secondary resistance).
⚠️ Stop-Loss / Loss Protection: 5,930 ₹ (below intraday support).
⏱️ If Already Holding: Exit if price fails to sustain above 6,050 ₹ with volume confirmation or if MACD weakens further intraday. Hold for extended gains only if momentum sustains above 6,120 ₹ with strong volume recovery.
Positive
- 📈 Strong quarterly PAT growth (169 Cr. vs 105 Cr., +61.9%).
- 📊 Above 50 DMA, showing short-term support.
- 📉 Very low debt-to-equity (0.02), strong balance sheet.
- 📈 DII holdings increased (+0.20%).
Limitation
- ⚠️ Very high P/E (101) vs industry average (33.9).
- 📉 ROE (12.3%) and ROCE (16.9%) moderate compared to valuation.
- 📊 Trading below 200 DMA, showing long-term weakness.
Company Negative News
- 📉 FII holdings decreased (-0.32%).
- ⚠️ PEG ratio at 7.33 indicates expensive growth valuation.
Company Positive News
- 📈 EPS at 59.3 ₹ reflects strong earnings base.
- 📊 Quarterly profit growth supports investor sentiment.
Industry
- 🏭 Industrial gases sector PE at 33.9, Linde trades at a steep premium.
- 📈 Sector demand supported by manufacturing and healthcare applications.
Conclusion
⚖️ Linde India is a moderate intraday candidate. Buy near 5,960–5,980 ₹ with stop-loss at 5,930 ₹. Profit booking can be considered at 6,050–6,120 ₹. Momentum indicators suggest caution, as MACD remains weak despite stable RSI. Traders should rely on volume confirmation before holding beyond 6,120 ₹.
Would you like me to also prepare a peer benchmarking overlay comparing Linde India with other industrial gas players (e.g., Air Products, Praxair, Inox Air Products) to highlight relative intraday strength?