Industrial Gas Demand Is a Hidden Growth Indicator

Everyone watches factory output. Few track industrial gas consumption. Demand for oxygen, nitrogen and specialty gases typically rises before production data reflects an upcycle. As manufacturing, electronics and steel activity pick up, industrial gas suppliers are often among the earliest beneficiaries. $LINDEINDIA , $INOXINDIA , $EKC and industrial equipment suppliers like $THERMAX could remain in focus if manufacturing momentum continues through FY27.