Linde expands Tata Steel supply. Linde stock sits 7.26 percent below its 52-week high

Published on 10/22/2026 at 09:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Linde stock costs EUR 444.60 on October 22, 2026 versus the EUR 444.80 Xetra close. Third-quarter results are due October 29, 2026.

Growth projects and reporting dates

Linde doubled its on-site Tata Steel capacity on October 21, 2026.
Second-quarter 2026 sales reached USD 9,289 million, up 9 percent year over year.
Linde stock trades at EUR 444.60 at 9:00 a.m. CEST at Lang & Schwarz on October 22, 2026, 0.04 percent below the Xetra close of October 21, 2026.
Third-quarter 2026 results are scheduled for October 29, 2026.

Industriegasanlage mit Tanks und Dampf bei Sonnenaufgang, Symbolbild für Linde plc — Fotorealistische Aufnahme einer Industriegas-Anlage bei Sonnenaufgang symbolisiert das Unternehmen Linde plc, ISIN IE000S9YS4E6, Chemiesektor heute, Illustration mit AI erstellt.

Linde (ISIN IE000S9YS762) is trading at EUR 444.60 at Lang & Schwarz on October 22, 2026 at 9:00 a.m. CEST, down 0.04 percent versus the Xetra close of October 21, 2026 (EUR 444.80). On October 21, 2026, Linde announced expanded industrial-gas supply for Tata Steel in India.

Tata Steel capacity doubles

Under a long-term agreement, Linde doubled its on-site capacity at Tata Steel's Kalinganagar complex by bringing two air separation units into operation. The units supply oxygen, nitrogen and argon for steelmaking, while Linde's regional capacity now exceeds 7,000 tons of oxygen per day, according to the Linde release.

The project is tied to Tata Steel's plan to raise annual production at Kalinganagar from 3 million tons to 8 million tons. For Linde, the quantified takeaway is additional industrial-gas capacity in a growing steelmaking region rather than a disclosed contract value.

What does the project mean for earnings?

The immediate earnings reference remains Linde's second quarter. Business Wire reported that second-quarter 2026 sales reached USD 9,289 million, up 9 percent year over year. Adjusted diluted earnings per share rose 10 percent to USD 4.50, while adjusted net income increased 8 percent to USD 2,089 million.

Three dated company developments

On July 31, 2026, Linde reported second-quarter sales of USD 9,289 million. On October 5, 2026, it scheduled third-quarter results for October 29, 2026. On October 21, 2026, it expanded Tata Steel supply and doubled on-site capacity, making the latest event the most concrete operating development.

Next reporting date

Business Wire said Linde will release third-quarter 2026 results on October 29, 2026, by 6:00 a.m. EDT and hold its conference call at 9:00 a.m. EDT.

Stock stays below its yearly high

The Nasdaq-listed company has a 52-week range of EUR 332.40 to EUR 479.40, with the Lang & Schwarz quote 7.26 percent below the upper end. Market capitalization was EUR 205.0 billion as of October 21, 2026.

Linde was trading at EUR 444.60 at Lang & Schwarz on October 22, 2026 at 9:00 a.m. CEST, 0.04 percent below the Xetra close of October 21, 2026 at EUR 444.80. The further course of trading is shown by the continuously updated real-time quote of Linde stock.