Skip to main content

MoneyWorks4Me

Confidence Petroleum planning to set-up petrol pumps at its Auto LPG Dispensing stations

30 Dec 2019 Evaluate

Confidence Petroleum India is planning to set-up petrol pumps as additional facility at its Auto LPG Dispensing stations to generate additional revenue. A meeting of the Board of Directors of company is scheduled on January 4, 2020 to discuss the gazette notification issued by the Central Government allowing non-oil companies with net worth of Rs 250 crore to market fuel by setting up petrol pumps.

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.

Peers
Company Name CMP
Redington 357.30
Adani Enterprises 2731.05
Amrapali Industries 34.25
Maxgrow India 175.85
Rashi Peripheral 866.45
View more..