Linde India downgraded to hold amid valuation concerns
after close1 source ↓written by the desknot a recommendation
Linde India Ltd. has been downgraded to Hold by MarketsMOJO due to valuation concerns. The company reported Q3 FY25-26 net sales of ₹70,103 cr and a pretax profit of ₹24,040 cr, reflecting strong operational quality. However, limited growth levers in the near term have moderated its overall quality grade, despite a debt-to-equity ratio of zero indicating a stable financial position.
Not investment advice. For informational purposes only.