The Latest Breaking News from Linde

Linde shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

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Linde has outperformed the basic material sector this year, and Wall Street analysts are moderately bullish about the stock prospects.

Linde is expected to release its second-quarter earnings later this month, and analysts project a single-digit earnings growth.

Linde has lagged behind the basic material sector over the past three months, and Wall Street analysts remain moderately optimistic about the stock’s prospects due to the company’s effective management strategies, cost control, pricing, efficiency, and cash usage.

Linde is a large player in its markets, especially in the industrial gas market, where the merger with Praxair gave the company a scale advantage over the competition.

Linde's subsidiary Praxair India begins commercial production of industrial gases in Hyderabad. Plant produces 250 tonnes/day of liquid medical oxygen, nitrogen & argon, catering to healthcare, pharma & industrial sectors. Construction completed in 18 months, despite challenges. Plant reduces dependency on supply from other states & enables efficient catering to…

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