Confidence Petroleum India Ltd Performance
Day's Low
Day's High
₹81.02₹82.0252 Week's Low
52 Week's High
₹62.55₹120
| Returns % | |
| 1 Month Return | -5.77 % |
| 3 Month Return | -0.01 % |
| 1 Year Return | -2.7 % |
| Market Stats | |
| Previous Close | ₹81.73 |
| Open | ₹81.73 |
| Volume | 3.74L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,595.04Cr |
Confidence Petroleum India Ltd Key Statistics
| P/E Ratio | 28.38 |
| PEG Ratio | -28.96 |
| Market Cap | ₹2,595.04 Cr |
| P/B Ratio | 2.6 |
| EPS | 3.32 |
| Dividend Yield | 0.12 |
| Sector | Miscellaneous |
| ROE | 10.79 |
Confidence Petroleum India Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹2,595.04 Cr | 40.32% | 0.66 | ₹105 Cr | ₹2,698 Cr | |
| NA | ₹128.81 Cr | 22.25% | 0.56 | NA | NA | |
| NA | ₹75.10 Cr | 0.04% | 0.52 | NA | NA | |
| NA | ₹6.60 Cr | 4.94% | 0.51 | NA | NA | |
| NA | ₹54.22 Cr | 16.21% | 0.65 | NA | NA |
About Confidence Petroleum India Ltd
Share Price: ₹81.39 per share as on 11 Oct, 2024 04:01 PM
Market Capitalisation: ₹2,595.04Cr as of today
Revenue: ₹777.93Cr as on June 2024 (Q2 24)
Net Profit: ₹15.44Cr as on June 2024 (Q2 24)
Listing date: 13 Jun, 2019
Chairperson Name: Nitin Khara
| Organisation | Confidence Petroleum India Ltd |
| Headquarters | Nagpur |
| Industry | Miscellaneous |
| E-voting on shares | Click here to vote |
Key events for Confidence Petroleum India Ltd
Confidence Petroleum India's Dilution Impacts Shareholders - 09 Jun, 2024
Confidence Petroleum India has increased the number of shares by 14% over the last year, leading to dilution and impacting shareholder returns. However, its EPS has grown impressively in the last three years.
Confidence Petroleum India Ltd Stock Drops 17% - 05 Jun, 2024
Last week, Confidence Petroleum India Ltd's stock price dropped by 17%. The company is mostly owned by private companies with a majority stake of 52%, while less than 5% is held by institutional investors. Nitin Khara, the third-largest shareholder, also serves as Chairman of the Board. With only 8.7% ownership, public companies have limited influence over the company.
Confidence Petroleum India Q4 Net Profit Declines 48% - 03 Jun, 2024
Confidence Petroleum India's consolidated net profit declined by 48.36% to Rs 9.92 crore in Q4 FY24 compared to the same period last year, due to increased expenses and finance costs. However, on a full-year basis, the company's net profit jumped 25.22% to Rs 101.37 crore with a 22.39% increase in revenue from operations to Rs 2,698.47 crore in FY24 over FY23.
Insights on Confidence Petroleum India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 9.92 Cr → 15.01 Cr (in ₹), with an average increase of 33.9% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 563.61 Cr → 783.4 Cr (in ₹), with an average increase of 15.1% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 40.61% to 41.65% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, GAIL India Ltd has given 113.2% return, outperforming this stock by 121.7%
- NO EFFECT
Against Peers
In the last 1 year, GAIL India Ltd has given 82.6% return, outperforming this stock by 85.3%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 2.08% to 1.94% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 1.15% to 0.43% in Jun 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 56.12% to 55.89% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, CONFIPET stock has moved down by -11.7%
Confidence Petroleum India Ltd Financials
Index Inclusions
Confidence Petroleum India Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 55.89% | ||
| Foreign Institutions | 1.94% | ||
| Mutual Funds | 0.43% | ||
| Retail Investors | 41.65% | 2.56 | |
| Others | 0.09% | 109.74 |
Confidence Petroleum India Ltd Key Indicators
Confidence Petroleum India Ltd Valuation
Confidence Petroleum India Ltd in the last 5 years
Lowest (5.46x)
March 23, 2020
Today (28.38x)
October 10, 2024
Industry (46.23x)
October 10, 2024
Highest (47.18x)
March 4, 2021
Confidence Petroleum India Ltd Earnings and Dividends
Confidence Petroleum India Ltd Earnings Results
Confidence Petroleum India Ltd’s net profit fell -53.12% since last year same period to ₹15.01Cr in the Q1 2024-2025. On a quarterly growth basis, Confidence Petroleum India Ltd has generated 51.31% jump in its net profits since last 3-months.
Read More about Earnings ResultsConfidence Petroleum India Ltd Dividends June,2024
In the quarter ending March 2024, Confidence Petroleum India Ltd has declared dividend of ₹0.10 - translating a dividend yield of 0.12%.
Read More about Dividends
Confidence Petroleum India Ltd Technicals Summary
Bearish
Neutral
Bullish
Confidence Petroleum India Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Confidence Petroleum India Ltd
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Confidence Petroleum India Ltd (CONFIPET) share price today is ₹81.39
Confidence Petroleum India Ltd is listed on NSE
Confidence Petroleum India Ltd is listed on BSE
- Today’s highest price of Confidence Petroleum India Ltd is ₹82.02.
- Today’s lowest price of Confidence Petroleum India Ltd is ₹81.02.
PE Ratio of Confidence Petroleum India Ltd is 28.38
PE ratio = Confidence Petroleum India Ltd Market price per share / Confidence Petroleum India Ltd Earnings per share
Today’s traded volume of Confidence Petroleum India Ltd(CONFIPET) is 3.74L.
Today’s market capitalisation of Confidence Petroleum India Ltd(CONFIPET) is ₹2595.04Cr.
| Confidence Petroleum India Ltd(CONFIPET | Price |
|---|---|
52 Week High | ₹120 |
52 Week Low | ₹62.55 |
Confidence Petroleum India Ltd(CONFIPET) share price is ₹81.39. It is down -32.17% from its 52 Week High price of ₹120
Confidence Petroleum India Ltd(CONFIPET) share price is ₹81.39. It is up 30.12% from its 52 Week Low price of ₹62.55
| Confidence Petroleum India Ltd(CONFIPET | Returns |
|---|---|
1 Day Returns | -0.34% |
1 Month Returns | -5.77% |
3 Month Returns | -0.01% |
1 Year Returns | -2.7% |