$LINDEINDIA Limited (NSE: LINDEINDIA) is one of India’s premier industrial and medical gases companies, operating as a subsidiary of global giant Linde plc. As of June 2026, the company holds a massive market capitalization of approximately ₹60,900 ***** Business SegmentsThe company operates through two major divisions:Gases, Related Products & Services (approx. 65% of revenue): Produces and supplies crucial industrial gases including Oxygen, Nitrogen, Argon, Helium, Carbon Dioxide, and specialty gas mixtures. It operates through three distribution channels:On-site: Supplying pipeline gases directly to large-scale steel, glass, and chemical manufacturing ***** Bulk: Transporting liquefied gases via cryogenic tankers to medium-scale ***** Gases: Compressed gases distributed in cylinders for fabrication, construction, and healthcare ***** Engineering Division (PED): Engages in designing, supplying, installing, and commissioning massive tonnage Air Separation Units (ASU), nitrogen plants, and cryogenic storage ***** Financial & Market MetricsLinde India functions with a zero debt burden, which it has maintained for over five consecutive ***** Share Price: ₹7,150.00 (As of June 24, 2026 closing)52-Week Range: ₹5,673.00 – ₹8,049.00Valuation (P/E Ratio): 111.08, reflecting a significant premium growth valuation driven by industrial expansionPromoter Holding: Strong backing with Linde plc holding a fixed 75.00% stake