LINDEINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | LINDEINDIA | Market Cap | 61,648 Cr. | Current Price | 7,228 ₹ | High / Low | 8,049 ₹ |
| Stock P/E | 106 | Book Value | 463 ₹ | Dividend Yield | 0.06 % | ROCE | 16.9 % |
| ROE | 12.3 % | Face Value | 10.0 ₹ | DMA 50 | 7,187 ₹ | DMA 200 | 6,701 ₹ |
| Chg in FII Hold | 0.02 % | Chg in DII Hold | -0.07 % | PAT Qtr | 192 Cr. | PAT Prev Qtr | 169 Cr. |
| RSI | 47.6 | MACD | -0.82 | Volume | 30,842 | Avg Vol 1Wk | 25,701 |
| Low price | 5,653 ₹ | High price | 8,049 ₹ | PEG Ratio | 7.67 | Debt to equity | 0.02 |
| 52w Index | 65.7 % | Qtr Profit Var | 68.1 % | EPS | 68.4 ₹ | Industry PE | 41.5 |
📈 Chart & Momentum Analysis
- Current price (₹7,228) is slightly above DMA 50 (₹7,187) and well above DMA 200 (₹6,701), showing short-term support but medium-term strength.
- RSI at 47.6 indicates neutral momentum, suggesting consolidation rather than strong trend.
- MACD at -0.82 is mildly negative, hinting at short-term weakness.
- Bollinger Bands: Price near mid-band, reflecting sideways consolidation.
- Volume (30.8K) is slightly above average weekly volume (25.7K), showing steady participation.
🎯 Entry & Exit Zones
- Optimal entry: ₹7,100–₹7,200 (support near DMA 50).
- Exit/Profit zone: ₹7,400–₹7,500 (resistance near upper band).
- Stop-loss: ₹7,000 (support zone).
📊 Trend Status
- The stock is consolidating with neutral momentum, awaiting breakout above ₹7,500 for bullish continuation.
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Positive
✔ Trading above DMA 200, showing medium-term strength.
✔ EPS at ₹68.4 supports profitability.
✔ PAT growth (+68.1%) reflects strong earnings momentum.
✔ Low debt-to-equity (0.02) ensures financial stability.
Limitation
⚠ RSI neutral, lacking strong momentum.
⚠ MACD negative, signaling short-term weakness.
⚠ Valuation stretched with P/E at 106 vs industry 41.5.
Company Negative News
📉 DII holding reduced (-0.07%).
📉 Valuation concerns due to high multiples.
Company Positive News
📈 PAT growth from ₹169 Cr. to ₹192 Cr.
📈 FII holding increased (+0.02%).
📈 Strong EPS and profitability metrics.
Industry
🏭 Industrial gases sector PE at 41.5, LINDEINDIA trades at a premium (PE 106).
🏭 Sector outlook remains positive with infrastructure expansion driving demand.
Conclusion
🔎 LINDEINDIA is consolidating with neutral momentum. Best strategy is accumulation near ₹7,100–₹7,200 and profit booking around ₹7,400–₹7,500. A breakout above ₹7,500 would confirm bullish continuation toward ₹7,800+.
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