Linde India rose 1.48% to Rs 423.95 at 15:06 IST on BSE after the company reported net profit of Rs 10.23 crore in Q3 September 2017, compared with net loss of Rs 4.12 crore in Q3 September 2016.
The result was announced after market hours on Friday, 27 October 2017.Meanwhile, the S&P BSE Sensex was up 119.99 points or 0.36% at 33,277.21. The S&P BSE Mid-Cap index advanced 184.40 points or 1.13% at 16,563.98, outperforming the Sensex.
On the BSE, 22,000 shares were traded on the counter so far as against the average daily volumes of 9,669 shares in the past one quarter. The stock had hit a high of Rs 442.45 and a low of Rs 423.05 so far during the day. The stock had hit a 52-week high of Rs 499 on 13 April 2017 and a 52-week low of Rs 322.20 on 15 November 2016.
The mid-cap company has equity capital of Rs 85.28 crore. Face value per share is Rs 10.
Linde India's net sales grew by 8.8% to Rs 506.95 crore in Q3 September 2017 over Q3 September 2016.
Linde India 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.
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