HomeNewsBusinessStocksBuy Linde India; target of Rs 566: Dalmia Securities

Buy Linde India; target of Rs 566: Dalmia Securities

Dalmia Securities is bullish on Linde India has recommended buy rating on the stock with a target price of Rs 566 in its research report dated November 01, 2017.

November 13, 2017 / 16:15 IST
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Dalmia Securities's research report on Linde India

Linde India Ltd (Linde India) reported slightly better result, with operational perfor-mance and the margins improving for the quarter in both the segment, while PBT turn positive for the quarter due to lower finance & depreciation cost. With the im-proving fundamental, we hold positive stance on the company.

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Outlook

We hold our Buy rat-ing on the stock with a price target of INR 566.