Linde India

These 5 mid-cap stocks may rise up to 20 per cent, as technical charts reveal positive breakouts

Shares of Power Grid Corporation of India, GAIL (India) , Linde India, Symphony and Tech Mahindra may rise up to 14%, as per their respective technical charts

According to the technical analyst from Anand Rathi, Linde India can rally to Rs 3,875; while Saregama can surge to Rs 425.

Going ahead, technical charts indicate up to 15 per cent gains for the buzzing stocks of Tuesday.

In the past eight trading days, the market price of Linde India has rallied 52 per cent, as compared to a 2 per cent rise in the S&P BSE Sensex

In an interview with Jyoti Mukul, Moloy Banerjee, head of gases-South Asia, Linde South Asia, talks about capacity building and the merits of setting up PSA plants to meet medical oxygen demand

Diversified group ITC on Saturday said it has tied up with Linde India Ltd to import 24 cryogenic containers to transport medical oxygen

The company is primarily engaged in manufacture of industrial and medical gases and construction of cryogenic and non-cryogenic air separation plants

The company had set the floor price for the delisting bid at Rs 428.5

Promoters of the company informed bourses on Thursday that the discovery price came in at around Rs 2,025 per share in the delisting process.

Linde India was the first company that tried to delist under the new guidelines introduced by market regulator.

The stock hit a record high of Rs 620, up 6% on Monday, rallying 36% in past three trading days from Rs 455, as compared to 0.71% rise in the S&P BSE Sensex.

The stock surged 17% to Rs 414, also its 52-week high on the BSE in intra-day trade.