Is Confidence Petroleum India Ltd a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Confidence Petroleum India Ltd and arrived at the following conclusion.

Is the current market price of Confidence Petroleum India Ltd a good price to buy it?

The 5-year analysis of Confidence Petroleum India Ltd's performance infers.

What is Confidence Petroleum India Ltd share price return in the past 10 years?

We analysed the performance of Confidence Petroleum India Ltd share prices over the last 10 years. Here is what we found out:

What is a Financial Track Record? How to read this chart in order to understand the data present here?

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Confidence Petroleum India Ltd

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

What is CAGR? What does CAGR table indicate for Confidence Petroleum India Ltd?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Confidence Petroleum acquires 25% stake in Blue Flame Industries

Confidence Petroleum India Ltd. | Industrial Gases & Fuels | Chemicals & Fertilizers | BSE: 526829 | NSE: CONFIPET

11 Sep 2018

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Confidence Petroleum India has acquired 25% stake in Blue Flame Industries. With this the company has attained the holding of 75% stake in Blue Flame Industries.

Blue Flame industries having cylinder manufacturing plant at Jharkhand has an installed capacity of 6 lakhs LPG cylinders per annum mainly for supply to PSU Oil companies.

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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