Confidence Petroleum India is currently trading at Rs. 30.70, up by 1.20 points or 4.07% from its previous closing of Rs. 29.50 on the BSE.
The scrip opened at Rs. 30.60 and has touched a high and low of Rs. 30.90 and Rs. 29.65 respectively. So far 10,06,000 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 30.90 on 07-Nov-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. 30.90 and Rs. 24.85 respectively. The current market cap of the company is Rs. 794.62 crore.
The promoters holding in the company stood at 53.66%, while Institutions and Non-Institutions held 0.38% and 45.96% respectively.
Confidence Petroleum India through its associate company Confidence Futuristic Energetech (formerly known as Globe Industrial Resources) has launched Composite LPG Gas Cylinders on November 2, 2017.
The Composite Cylinders will be available in attractive designs and extremely light weight in convenient sizes of 2, 5, 10 and 22 kg. The cylinder is also having a transparent body making the quantity of gas visible inside. This will ensure appropriate volume supplied.
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.
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