Case study

LINDEINDIA

LINDE INDIA LIMITED

Mixed signals1y model +10.9%

Each stock's 10,000-path forecast, rendered as light.

53Score

LINDE INDIA LIMITED (LINDEINDIA) Stock Analysis & Case Study

Is LINDEINDIA a good buy? The data-driven verdict.

LINDE INDIA LIMITED (LINDEINDIA) trades at ₹7,112,on the numbers it mixed signals, a Downstox Snapshot Score of 53/100.

On the numbers, LINDE INDIA LIMITED (LINDEINDIA) mixed signals, a Downstox Snapshot Score of 53/100, weighing expensive at 111.0× earnings, ROE of 13.6%, a 62% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

LINDEINDIA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹60,655 Cr
Current price
₹7,112
P/E ratio
111.0×
P/B ratio
14.22×
Book value
₹500
Dividend yield
0.06%
ROCE
18.2%
ROE
13.6%
Piotroski F-Score
5/8

How LINDEINDIA ranks against the 2,373 companies in our screener

Is LINDEINDIA overvalued? LINDEINDIA P/E vs peers

LINDEINDIA trades at 111.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

LINDEINDIA share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of LINDEINDIA history (30%/yr drift, 32%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
LINDEINDIA 2027₹5,221₹7,890₹11,924+11%
LINDEINDIA 2028₹4,872₹8,753₹15,726+23%
LINDEINDIA 2029₹4,732₹9,710₹19,924+37%
LINDEINDIA 2030₹4,722₹10,772₹24,572+51%
LINDEINDIA 2031₹4,758₹11,950₹30,008+68%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability LINDEINDIA goes up, or doubles?

62%
Higher in 1 year
Modelled chance the price is above today in 12 months
77%
Higher in 5 years
Modelled chance the price is above today in 5 years
41%
Doubles in 5 years
Modelled chance of reaching ₹14,225 within 5 years

The bull case for LINDEINDIA

  • LINDEINDIA's return on equity of 13.6% ranks in the 66th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • LINDEINDIA's return on capital employed of 18.2% ranks in the 76th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A 10,000-path probability model puts a 62% chance the price is higher in a year, with a median target of ₹7,890 (+11%).
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹19,924.

The bear case & risks

  • LINDEINDIA's P/E of 111.0x is lower than 10% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 14.2× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹4,732.

LINDEINDIA volatility & expected range, how bumpy is the ride?

Over the last 9.8 years LINDEINDIA compounded at 30%/year with annualized volatility of 32%. That volatility implies a 1-year 80% range of ₹5,221-₹11,924, the honest backbone behind any single price target.

LINDEINDIA price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
10.9%
80% range₹5,221-₹11,924
P(price ↑)62%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
36.5%
80% range₹4,732-₹19,924
P(price ↑)72%
P(price 2×)25%
5-Year Forecast
2031
₹0
Median (P50)
68.0%
80% range₹4,758-₹30,008
P(price ↑)77%
P(price 2×)41%

LINDEINDIA price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
LINDEINDIA simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds LINDEINDIA hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the LINDEINDIA price target & forecast page.

LINDEINDIA Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. LINDEINDIA scores 5/8, mixed financial health.

LINDEINDIA MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy LINDEINDIA with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox30.04%3.3×
ZerodhaCHEAPEST30.00%3.3×
Groww30.08%3.3×
DhanCHEAPEST30.00%3.3×
Kotak Neo30.03%3.3×
Paytm Money30.10%3.3×
Pocketful30.21%3.3×
Anand RathiCHEAPEST30.00%3.3×
Bajaj Broking34.00%2.9×
Share India30.07%3.3×

Compare every broker on the LINDEINDIA MTF page.

About LINDE INDIA LIMITED: sector, index & market-cap context

LINDE INDIA LIMITED (LINDEINDIA) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹60,655 Cr. See more stocks on our screener.

How the LINDEINDIA Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of LINDE INDIA LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

LINDEINDIA analysis, FAQs

Is LINDE INDIA LIMITED (LINDEINDIA) a good buy?

On the numbers, LINDE INDIA LIMITED (LINDEINDIA) mixed signals, a Downstox Snapshot Score of 53/100, weighing expensive at 111.0× earnings, ROE of 13.6%, a 62% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is LINDEINDIA overvalued or undervalued?

LINDEINDIA trades at 111.0× earnings, expensive versus the ~22× long-run Nifty average.

What is the LINDEINDIA share price target for 2031?

LINDEINDIA's probability-weighted 2031 median target is ₹11,950, with an 80% range of ₹4,758-₹30,008 (10,000-path Monte-Carlo).

What is the probability LINDEINDIA doubles in 5 years?

The modelled probability of LINDEINDIA reaching ₹14,225 (2×) within 5 years is 41%.

What is the bull case for LINDEINDIA?

LINDEINDIA's return on equity of 13.6% ranks in the 66th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. LINDEINDIA's return on capital employed of 18.2% ranks in the 76th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A 10,000-path probability model puts a 62% chance the price is higher in a year, with a median target of ₹7,890 (+11%).

What are the risks in LINDEINDIA?

LINDEINDIA's P/E of 111.0x is lower than 10% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 14.2× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on LINDEINDIA