Stocks of smallcap oxygen producers surge, large players see profit taking
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Synopsis
Shares of Linde India slipped 0.28 per cent while those of Bhagawati Oxygen rose 5 per cent, National Oxygen 2 per cent and Gagan Gases 5 per cent
ETMarkets.com
In the past three months, Linde India has surged 102 per cent, National Oxygen 41 per cent, Gagan Gases 46 per cent and Bhagwati Oxygen 33 per cent.
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NEW DELHI: Shares of companies that produce oxygen had a mixed show on Dalal Street on Friday, as demand for medical oxygen continued to rise. While stocks of bigger players saw profit booking, those of smaller companies hit upper circuit limits.