Confidence Petroleum India is locked at upper circuit limit at Rs. 17.27, up by 0.82 points or 4.98% from its previous closing of Rs. 16.45 on the BSE.
The scrip opened at Rs. 17.27 and has touched a high and low of Rs. 17.27 and Rs. 16.60 respectively. So far 21,81,000 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 17.27 on 05-Jul-2017 and a 52 week low of Rs. 4.87 on 07-Jul-2016.
Last one week high and low of the scrip stood at Rs. 17.27 and Rs. 14.93 respectively. The current market cap of the company is Rs. 447.01 crore.
The promoters holding in the company stood at 49.47%, while Institutions and Non-Institutions held 0.78% and 49.75% respectively.
Confidence Petroleum India has bagged orders worth Rs 361.96 core for supply of 30 lakh & odd LPG cylinders from Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL), and Indian Oil Corporation (IOCL). The order has been awarded to the company and its subsidiaries with option of order for equivalent quantity next year.
Recently, the company’s subsidiary --- Gas Point Bottling had commissioned new unit to manufacture LPG Cylinders at Saoner near Nagpur with an installed capacity of 432000 cylinders per annum.
Confidence Petroleum is an India-based manufacturer of liquefied petroleum gas (LPG) cylinders for domestic, as well as commercial use. The Company is engaged in the sale of cylinder, LPG bottling, and filling/DPT/transport. Its segments include the LPG/CNG Cylinder manufacturing, and the LPG Bottling & Marketing.
| Company Name | CMP |
|---|---|
| GAIL India | 199.40 |
| Petronet LNG | 298.00 |
| Linde India | 8431.70 |
| Confidence Petroleum | 84.71 |
| Refex Industries | 136.40 |
| View more.. | |
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