The shares of a mid-cap industrial fuel producer primarily engaged within the manufacturing of commercial and medical gases and the development of cryogenic and non-cryogenic air separation vegetation are in focus following its announcement of getting into right into a long-term contract with Asian Paints Ltd.
Worth Motion
The shares of Linde India Ltd, with a complete market capitalization of Rs 51,961.97 Crores on Thursday, opened at Rs 6,150 per share, and as of two:30 pm, the shares had been buying and selling on a flatter development at Rs 6,093 per share, which was 0.3 % down from its earlier shut of Rs 6,111.15.
The shares of Linde India Ltd have generated a return of 112.6 % previously three years and a powerful 1,130 % return previously 5 years.
What Occurred
In a press launch dated March 13, 2025, Linde India Ltd introduced that it has entered right into a long-term contract with Asian Paints (Polymers) Personal Restricted, a completely owned subsidiary of Asian Paints Restricted, to provide industrial gases by means of a pipeline to Asian Paints’ upcoming manufacturing facility in Dahej, Gujarat, the place Vinyl Acetate Monomer (VAM) and Vinyl Acetate Ethylene Emulsion (VAE) can be produced.
To help this, Linde India plans to put in its third Air Separation Unit (ASU) on the Dahej website, with a capability of 245 TPD of liquid output and 100 TPD of Gaseous Oxygen (GOX). This improvement aligns with Linde’s long-term goal of making a pipeline cluster within the Dahej area.
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Financials
The corporate reported a decline of 14.2 % YoY in Income from operations from Rs 706 Crore in Q3FY24 to Rs 606 Crore in Q3FY25. Their Web Income additionally declined barely from Rs 120 Crore to Rs 116 Crore over the identical interval.
Enterprise Verticals
The corporate operates in two segments: Gases and Associated Merchandise and Challenge Engineering Division (PED). Within the Gases section, it provides pipeline gases (Onsite) to industries like metal, glass, and chemical substances, and presents liquefied gases (Bulk) and compressed gases (Packaged Fuel) to sectors corresponding to fabrication, manufacturing, and building.
Within the PED section, the corporate designs, installs, and commissions air separation items (ASUs), nitrogen vegetation, PSA vegetation, and fuel distribution programs whereas additionally manufacturing cryogenic vessels for inside use and exterior gross sales.
About Linde India Ltd
Linde is a world chief in industrial gases and engineering, serving various markets corresponding to metals, chemical substances, cars, electronics, meals and beverage, healthcare, and extra. The corporate manufactures and distributes industrial, medical, and specialty gases whereas additionally providing engineering companies. It operates 35 manufacturing services and filling stations throughout the nation.
Written By Adhvaitha Nayani
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