• Sensex   36789.55   -270.82  sensex_dwn_arr
  • Nifty   10832.10   -86.60   sensex_dwn_arr
  • Bank Nifty   27406.45   -1.13   sensex_dwn_arr
  • BSE Midcap   13188.36   -0.54  sensex_dwn_arr
  • USDINR   71.81   0.32   sensex_up_arr
logo
PRAVIN RATILAL SHARE
AND STOCK BROKERS LTD
Member :    NSE   |   BSE   |   DP : NSDL
Hot Pursuit
Home >> Markets >> Equity >> News >> Hot Pursuit Detailed News
Linde India shoots up after board OKs divestment
(15:27, 14 Aug 2019)

Linde India's stock jumped 5.93% to Rs 513.25 at 14:54 IST on BSE. The announcement was made during trading hours today, 14 August 2019.

Meanwhile, S&P BSE Sensex was up 364.63 points or 0.99% at 37,322.79.

On BSE, 6,379 shares were traded in Linde India counter, compared to a 2-week average of 1,382 shares. The stock hit an intraday high of Rs 524.90 and an intraday low of Rs 485.35. It hit a 52-week high of Rs 819 on 14 January 2019 and a 52-week low of Rs 386 on 8 October 2018.

The company's board of directors approved the sale/divestment of the south region divestment business comprising the business of producing, distributing and selling various industrial gases, viz. oxygen, nitrogen and argon from the company's (JSW-2) 1800 tonnes per day onsite air separation plant located at Karnataka and the company's cylinder filling stations located at Hyderabad and Chennai, along with surplus land in Chennai and Hyderabad PGP sites and a decommissioned air separation unit at Hyderabad site, all on a slump-sale and as is where is basis to Air Water India for Rs 1380 crore.

Linde India's net profit surged 284% to Rs 20.16 crore on 9.4% decline in net sales to Rs 498.21 crore in Q2 June 2019 compared with Q2 June 2018.

Linde India, formerly BOC India, is engaged in the gases business. The company is engaged in the manufacturing of liquefied or compressed inorganic industrial or medical gases and construction of utility projects. Its segments include gases and related products and project engineering.

Powered by Capital Market - Live News

Adani Ports & Special Economic Zone Ltd     346.90   Down   -3.80 (-1.08%)   Asian Paints Ltd     1,572.65   Down   -16.50 (-1.04%)   Axis Bank Ltd     668.50   Up   3.80 (0.57%)   Bajaj Auto Ltd     2,770.00   Up   5.20 (0.19%)   Bajaj Finance Ltd     3,219.05   Down   -42.40 (-1.30%)   Bajaj Finserv Ltd     6,928.50   Down   -217.35 (-3.04%)   Bharat Petroleum Corporation Ltd     317.50   Down   -10.30 (-3.14%)   Bharti Airtel Ltd     354.00   Down   -0.90 (-0.25%)   Bharti Infratel Ltd     246.60   Down   -1.65 (-0.66%)   Britannia Industries Ltd     2,462.45   Up   77.95 (3.27%)   Cipla Ltd     466.10   Down   -1.95 (-0.42%)   Coal India Ltd     180.65   Down   -8.15 (-4.32%)   Dr Reddys Laboratories Ltd     2,548.10   Up   45.10 (1.80%)   Eicher Motors Ltd     15,718.90   Down   -281.60 (-1.76%)   GAIL (India) Ltd     124.05   Up   1.55 (1.27%)   Grasim Industries Ltd     704.70   Up   5.90 (0.84%)   HCL Technologies Ltd     1,082.55   Up   12.40 (1.16%)   HDFC Bank Ltd     2,211.60   Down   -14.25 (-0.64%)   Hero Honda Motors Ltd     2,660.45   Down   -53.80 (-1.98%)   Hindalco Industries Ltd     178.60   Up   1.55 (0.88%)   Hindustan Unilever Ltd     1,874.40   Up   24.40 (1.32%)   Housing Development Finance Corporation Ltd     2,045.90   Down   -21.00 (-1.02%)   ICICI Bank Ltd     405.05   Down   -7.00 (-1.70%)   Indiabulls Housing Finance Ltd     456.95   Down   -26.60 (-5.50%)   Indian Oil Corporation Ltd     119.15   Down   -1.90 (-1.57%)   IndusInd Bank Ltd     1,342.10   Down   -25.10 (-1.84%)   Infosys Technologies Ltd     798.00   Down   -1.45 (-0.18%)   ITC Ltd     243.55   Up   2.10 (0.87%)   JSW Steel Ltd     219.00   Down   0.00 (0.00%)   Kotak Mahindra Bank Ltd     1,495.60   Down   -10.15 (-0.67%)   Larsen & Toubro Ltd     1,294.95   Down   -15.70 (-1.20%)   Mahindra & Mahindra Ltd     519.80   Down   -1.10 (-0.21%)   Maruti Suzuki India Ltd     6,270.00   Up   41.10 (0.66%)   NIFTY (S&P CNX)     10,857.00   Down   -61.70 (-0.57%)   NTPC Ltd     116.70   Down   -1.20 (-1.02%)   Oil & Natural Gas Corpn Ltd     120.25   Down   -0.95 (-0.78%)   Power Grid Corporation of India Ltd     204.00   Down   -0.90 (-0.44%)   Reliance Industries Ltd     1,249.70   Down   -21.25 (-1.67%)   State Bank of India     274.50   Down   -2.90 (-1.05%)   Sun Pharmaceuticals Industries Ltd     416.60   Down   -0.40 (-0.10%)   Tata Consultancy Services Ltd     2,229.00   Up   42.80 (1.96%)   Tata Motors Ltd     111.00   Down   -1.40 (-1.25%)   Tata Steel Ltd     342.00   Down   -1.00 (-0.29%)   Tech Mahindra Ltd     682.10   Up   9.30 (1.38%)   Titan Company Ltd     1,066.80   Up   1.50 (0.14%)   UltraTech Cement Ltd     3,905.00   Down   -16.40 (-0.42%)   UPL Ltd     515.50   Down   -20.40 (-3.81%)   Vedanta Ltd     135.00   Down   -4.95 (-3.54%)   Wipro Ltd     252.90   Up   0.50 (0.20%)   Yes Bank Ltd     60.30   Down   -5.10 (-7.80%)   Zee Entertainment Enterprises Ltd     337.05   Down   -7.15 (-2.08%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com

Want Us to Call You?