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Confidence Petroleum hits upper circuit on commissioning LPG Bottling Plant in West Bengal

Confidence Petroleum India Ltd. | Trading | Miscellaneous | BSE: 526829 | NSE: CONFIPET

12 Sep 2017 Evaluate

Confidence Petroleum India is currently has locked at its upper circuit limit of Rs. 19.00, up by 0.85 points or 4.68 % from its previous closing of Rs. 18.15 on the BSE.

The scrip opened at Rs. 18.50 and has touched a high and low of Rs. 19.00 and Rs. 18.10 respectively. So far 262695 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 19.00 on 12-Sep-2017 and a 52 week low of Rs. 6.51 on 15-Dec-2016.

Last one week high and low of the scrip stood at Rs. 19.00 and Rs. 17.70 respectively. The current market cap of the company is Rs. 480.14 crore.

The promoters holding in the company stood at 53.66%, while institutions and non-institutions held 0.78% and 45.56% respectively.

Confidence Petroleum India has commissioned new LPG Bottling Plant at Uluberia situated at Village Islampur, near Kolkata (West Bengal) and started providing bottling assistance to HPCL against their tender for Five Years at 24000 MT per annum

Also, the company has commissioned three new auto LPG dispensing stations in Chennai viz. C.T.H. Road, Pattabiram, Kodungaiyur Village Tondiarpet High Road and Lord Doss Gretto Road, Saidapet. With the inclusion these three Auto LPG dispensing stations, now total 110 Auto LPG dispensing stations of company are in operation across PAN India.

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.

Confidence Petroleum Share Price

52.67 0.05 (0.10%)

17-Apr-2026 16:59 View Price Chart

Peers

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Amrapali Industries	17.53
Rashi Peripheral	455.25
PDS	301.45
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Confidence Petroleum hits upper circuit on commissioning LPG Bottling Plant in West Bengal

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