Linde India Ltd

Stage 4 · Declining · week 4

As of 9 Oct 2026, Linde India is in Stage 4 — declining, a downtrend, in week 4 (since 17 Sep 2026). It closed at ₹5,996, 23.6% below its 52-week high and below its 200-day average, which is rising. In Materials, 35.1% of stocks are in Stage 2.

Linde India Limited manufactures and sells industrial and medical gases in India. More about the company

₹5,996
-0.50% today
₹51,136 Cr · Large cap
Market Neutral — FadingMaterials 35.1% in Stage 2-0.9 pts / 20dCommodity Chemicals 52.3%+0.8 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

Is LINDEINDIA early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-23.6%
₹5,695.5 lo₹7,847.5 hi
23.6% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 4
1w13w26w
Week 4 — early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-10.8%
200 DMA: ₹6,722.8 · rising
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.41x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -2.0% vs MA50 -4.7%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-6.0%
3M
-14.7%
6M
-16.4%
YTD
+1.4%
1Y
-4.0%
Sector
Materials
→ Flat
Stage 2%
35.1%
20d Δ
-0.9pp
1M return
-6.7%
3M return
-4.3%
Sector Stage-2 % · last 20 days
Sector has 158 Stage 2 leaders. See Materials Stage 2 →
Industry
Commodity Chemicals
→ Flat
Stage 2%
52.3%
20d Δ
+0.8pp
1M return
-6.2%
3M return
+3.6%
Industry Stage-2 % · last 20 days
Industry has 34 Stage 2 leaders. See Commodity Chemicals Stage 2 →
Stage Cycle Timeline2023-07-13 → 2026-10-09
S2 20w
S3 15w
S2 20w
S4 19w
S4 19w
S2 14w
2023-07-132026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 20w → S3 15w → S2 20w → S3 11w → S2 6w → S3 1w → S4 19w → S1 9w → S2 6w → S3 8w → S4 19w → S1 5w → S2 14w → S3 12w → S4 3w current
Total tracked: 168 weeks across 15 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-03-17
4 appearances in last 60 days. First seen: 2024-03-18.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-09S4
Wk 4 · Vol 0.41x
2026-10-08S4
Wk 3 · Vol 0.49x
2026-10-07S4
Wk 3 · Vol 0.25x
2026-10-06S4
Wk 3 · Vol 0.69x
2026-10-05S4
Wk 3 · Vol 1.76x
2026-10-01S4
Wk 3 · Vol 1.73x
2026-09-30S4
Wk 2 · Vol 1.17x
2026-09-29S4
Wk 2 · Vol 1.33x
2026-09-28S4
Wk 2 · Vol 1.42x
2026-09-25S4
Wk 2 · Vol 0.41x
2026-09-24S4
Wk 2 · Vol 0.49x
2026-09-23S4
Wk 1 · Vol 0.55x
Sector Peers — Stage 2All →
OCCLLTD
wk 16 · 0.0% from hi
9.4
CUBEXTUB
wk 1 · -1.3% from hi
9.4
VENUSPIPES
wk 19 · -10.6% from hi
9.0
MUKANDLTD
wk 20 · -5.3% from hi
8.9
PLASTIBLEN
wk 16 · -1.6% from hi
8.4
Moving averages & range
50 DMA
₹6,473
200 DMA
₹6,722.8
52W High
₹7,847.5
52W Low
₹5,695.5
5D Low
₹5,996
Resistance levels (recent highs)
20d High
₹6,323
60d High
₹7,156.5
120d High
₹7,847.5
250d High
₹7,847.5
Next resistance
+5.5%
to 20d High
Ask the Market AI about LINDEINDIAAsk →
P/E (TTM)
105.4
Forward 89.2
Earnings Growth (YoY)
+676.4%
Revenue +13.1%
Dividend Yield
0.06%
P/B 16.2
About this companyMaterials· Commodity Chemicals

Linde India Limited manufactures and sells industrial and medical gases in India. It operates through Gases, Related Products and Services; and Project Engineering Division segments. The Gases, Related Products and Services segment produces and sells oxygen, nitrogen, and argon gases. This segment engages in the 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 Division is involved in the design, engineering, manufacture, and commissioning of cryogenic and non-cryogenic air separation plants (ASUs), vacuum pressure swing adsorption (VPSA) units, and nitrogen plants; and the sale of distillation columns, cryogenic storage tanks, and vaporizers. It serves various industries, such as steel, automotive, pharma, metal fabrication, chemicals, food and beverage, solar panels, science and research, natural gas and oil refining, petrochemicals, fertilizers, electronics, and metal processing, as well as hospitals and healthcare establishments. 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 is a subsidiary of The BOC Group Limited.

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All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.