Confidence Petroleum India Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
30.88% Fall from 52W High
-6.8
TTM PE Ratio
Above industry Median
26.6
Price to Book Ratio
Below industry Median
2.1
Dividend yield 1yr %
0.1
TTM PEG Ratio
PEG TTM is much higher than 1
2.1
RSI
RSI is mid-range
50
MFI
MFI is mid-range
46

Confidence Petroleum India Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Confidence Petroleum India Ltd shareholding Pattern

Promoter
56.1%
Foreign Institutions
2.1%
Mutual Funds
1.2%
Domestic Institutions
1.2%
Public
40.6%
Promoter
61.6%
Foreign Institutions
2.1%
Mutual Funds
1.2%
Domestic Institutions
1.2%
Public
35%
Promoter
61.3%
Foreign Institutions
2.2%
Mutual Funds
1.3%
Domestic Institutions
1.3%
Public
35.2%
Promoter
61.3%
Foreign Institutions
1.9%
Mutual Funds
1.2%
Domestic Institutions
1.2%
Public
35.5%
Promoter
61.4%
Foreign Institutions
2.7%
Mutual Funds
0.9%
Domestic Institutions
0.9%
Public
34.9%
Promoter
60.3%
Foreign Institutions
2.9%
Mutual Funds
0.7%
Domestic Institutions
0.7%
Public
36.1%

Confidence Petroleum India Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
8
Bearish Moving Averages
8
5Day EMA
81.70
10Day EMA
81.10
12Day EMA
81.10
20Day EMA
82.00
26Day EMA
82.80
50Day EMA
85.50
100Day EMA
87.90
200Day EMA
86.80
5Day SMA
82.00
10Day SMA
78.70
20Day SMA
82.30
30Day SMA
83.40
50Day SMA
86.70
100Day SMA
91.10
150Day SMA
91.00
200Day SMA
89.70
Delivery & Volume
Resistance & Support
83.52
Pivot
Resistance
First Resistance
84.43
Second Resistance
85.92
Third Resistance
86.83
Support
First Support
82.03
Second support
81.12
Third Support
79.63
Relative Strength Index
50.05
Money Flow Index
45.95
MACD
-1.66
MACD Signal
-2.30
Average True Range
3.76
Average Directional Index
25.07
Rate of Change (21)
-1.25
Rate of Change (125)
-12.41
Peer comparison
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Market Cap
52W Low
52W High
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454
1120
GP Petroleums Ltd.
341.16
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Tide Water Oil Company India Ltd.
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Sanmit Infra Ltd.
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Confidence Petroleum India Ltd Company background

Founded in: 1994
Confidence Petroleum India Limited was established on July 21, 1994. The Company is one of leading manufacturers of LPG Cylinders in India along with its repairing activity, prominent supplier of Auto LPG in India with its network of bottling plants and ALDS Stations across India, into Parallel LPG Market by the name of pack cylinder division with GO GAS as its brand, into selling LPG to both domestic and commercial users at competitive rates, into bottling blending /marketing of LPG and also in its Logistic business.The company came out with a public issue in Feb.95 to set up two LPG bottling plants near Pali and Udaipur in Rajasthan. The installed capacity is 7200 tpa each with a total capacity of 14,400 tpa.Commercial production at Pali commenced in Mar.95. It launched its product in the Devarsa Gas brand name, in Rajasthan. In Mar.96, the company commenced commercial production at its second bottling plant at Udaipur. In 199596, the it launched a 25kg gas capacity cylinder for the first time in India for the commercial and industrial segment.To ensure better utilisation of its bottling plants, the Company is doing contract filling of cylinders of other companies on jobwork basis alongwith bottling of own branded cylinders.During the current F.Y. 200506, company started LP6 bottling assistance for M/s I ndian Oil Corporation Ltd. at Udaipur by giving Plant on lease to M/s Gaspoint Petroleum (I) Ltd. It also started marketing in the commercial / industrial segment.Companies such as, Envy Cylinders Pvt. Ltd., Hemkunt Petroleum Ltd, Gomti Gaspoint Bottling Pvt. Ltd., Taraa LPG Bottling Pvt. Ltd. Neora Gaspoint Bottling Pvt. Ltd. , Agwan Coach Private Limited, Laxmi Nirmal Petrochemicals Limited, Keppy Infrastructure Developers Pvt. Ltd and Confidence Go Gas Ltd. became subsidiaries during the year 2008. The Board of Directors of the Company at its meeting held on June 20, 2007, finally approved the scheme of arrangement cum amalgamation of the Company with Maharashtra Cylinders Pvt Ltd, Khara Gas Equipments Pvt Ltd, Hans Gas Appliances Pvt Ltd along with the exchange ratio of the shares between the transferor and transferee Companies. The approved exchange ratio is as under: 1. 20 Equity shares of Re 1 each of the Company for every 1 Equity Share of Rs 100/ each of Khara Gas Equipments Pvt Ltd.The Company got into ever growing market of Indonesia with its newly formed subsidiary M/s PT Surya Go Gas Indonesia, a joint Venture company with 70% stake of company of in equity of JV, which started LPG Cylinder Manufacturing plant at Indonesia and further the JV had firmed up its plan for opening 6 LPG Bottling plants and with this, the company committed a CAPEX of 50 Crs. in F.Y. 200910 for various projects in Indonesian.In FY 201011, Company implemented their expansion plan in India as well as in overseas. The Company established new Bottling plant in overseas Market in Indonesia as PT MULTI ARTHA MANDIRI, a subsidiary of P. T. SURYA GO GAS, INDONESIA, which is a subsidiary of Confidence. The Company through its 100% subsidiary Confidence Go Gas Ltd entered into long term agreement to supply LPG to major multinational companies for automobiles in India. CPIL setup 99 Auto LPG Dispensing Station (ALDS) across the Country. The Company acquired more than 50% shares of M/s CONFIDENCE FUTURISTICENERGETECH LIMITED ( Formally Known Globe Industrial Resources Limited) through open offer and resultant, M/s Confidence Futurestic Energetech Limited was made the Subsidary of the company during 201718. During the year, through its subsidary CONFIDENCE FUTURISTIC ENERGETECH LIMITED,the Company launched the Blast proof Composite cylinders.
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Confidence Petroleum India Ltd FAQs

Confidence Petroleum India Ltd shares are currently priced at 82.95 on NSE and 82.76 on BSE as of 6/13/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Confidence Petroleum India Ltd [CONFIPET] share was 13.47. The Confidence Petroleum India Ltd [CONFIPET] share hit a 1-year low of Rs. 62.55 and a 1-year high of Rs. 120.

The market cap of Confidence Petroleum India Ltd is Rs. 2632.67 Cr. as of 6/13/2024 12:00:00 AM.

The PE ratios of Confidence Petroleum India Ltd is 28.15 as of 6/13/2024 12:00:00 AM.

The PB ratios of Confidence Petroleum India Ltd is 2.5 as of 6/13/2024 12:00:00 AM

The Mutual Fund Shareholding was 1.15% at the end of 6/13/2024 12:00:00 AM.

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