Linde India downgraded to hold amid valuation concerns
pre-market1 source ↓written by the desknot a recommendation
Linde India Ltd. has been downgraded to Hold by MarketsMOJO due to valuation concerns despite strong operational performance. The company reported net sales of ₹70,103 cr in Q3 FY2526 and a pretax profit of ₹24,040 cr. While maintaining a debt-to-equity ratio of zero, its limited growth prospects have raised caution among investors.
Not investment advice. For informational purposes only.