Linde India at new high, soars 16% in 2 days on winning LoA from Indian Oil
Shares of Linde India hit a new high of Rs 6,075.05, as they gained 5 per cent on the BSE in Wednesday’s intra-day trade after winning Letter of Acceptance’ from Indian Oil Corporation (IOCL) for setting-up of Air Separation Unit (ASU) within its Panipat Refinery Complex. Linde India expects to fund the capital expenditure from its own funds/internal accruals.
The stock of industrial gas company has surged 16 per cent in past two trading days. In comparison, the S&P BSE Sensex was down 0.07 per cent at 65,176 at 09:30 AM.
