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Confidence Petroleum India Ltd Share Price (CONFIPET)

₹88.850.17%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Confidence Petroleum India Ltd share Performance

  • ₹88.55
    ₹91.8
    ₹88.85
    downward going graph

    0.34%

    Low

    Day's Volatility:3.66%

    High

    3.32%

    downward going graph
  • ₹57.5
    ₹120
    ₹88.85
    downward going graph

    35.28%

    Low

    52 Weeks Volatility:70.34%

    High

    35.06%

    downward going graph
1 Month Return1.31 %
3 Month Return3.25 %
1 Year Return48.58 %
Previous Close₹89.00
Open₹91.40
Volume10.39L
Upper Circuit-
Lower Circuit-
Market Cap₹2,573.00Cr

Company Information

Deversa GasChem is a limited company established in 1994 by Ashok Jain and Narendra Mohnot. To set up two LPG bottling plants, the company came out with a public issue in February 1995 and started commercial production at Pali in March 1995. It launched its product in the Devarsa Gas brand name in Rajasthan, followed by commercial production at Udaipur in March 1996. Deversa GasChem achieved another milestone in 1995-96, when it launched a 25kg gas capacity cylinder for the first time in India, catering to the commercial and industrial segment. The two plants have an installed capacity of 7200 tpa each, with a total capacity of 14400 tpa. Additionally, Deversa GasChem is doing job work and contract filling of cylinders of other companies.

Share Price: ₹88.85 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹2,573.00Cr as of today
Revenue: ₹554.29Cr as on December 2023 (Q4 23)
Net Profit: ₹26.63Cr as on December 2023 (Q4 23)
Listing date: 13 Jun, 2019
Chairperson Name: Nitin Khara
OrganisationConfidence Petroleum India Ltd
HeadquartersNagpur
IndustryMiscellaneous
E-voting on sharesClick here to vote

Key events for Confidence Petroleum India Ltd

  • Confidence Petroleum India Commissions Three New CNG Stations in Bangalore - 01 Apr, 2024

    Confidence Petroleum India has commissioned three new CNG stations in Bangalore, bringing the total number of stations to 35. The company's CNG retailing division in Bangalore achieved a significant milestone by reaching a daily sales volume of 140,000 kilograms. However, on a consolidated basis, net profit declined 1.96% to Rs 27.08 crore in Q3 December 2023 over Q3 December 2022.

  • Confidence Petroleum India's Debt Increases to Rs 4.45 Billion - 12 Mar, 2024

    Confidence Petroleum India's debt has increased to Rs 4.45 billion, up from Rs 1.85 billion a year ago. It has liabilities totalling Rs 5.75 billion more than its cash and near-term receivables combined. However, the company grew its EBIT by 74% over the last twelve months, which will make it easier to handle its debt.

Fundamentals of Confidence Petroleum India Ltd

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.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 35.00% to 40.77% in Feb 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, CONFIPET has outperformed top 5 stocks with highest market-cap in Natural Gas Utilities

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, GAIL India Ltd has given 88.0% return, outperforming this stock by 39.4%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 1.25% to 1.15% in Feb 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 32.32 Cr → 27.08 Cr (in ₹), with an average decrease of 16.2% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, CONFIPET stock has moved down by -3.9%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 61.63% to 56.15% in Feb 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 2.13% to 1.94% in Feb 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 875.84 Cr → 562.8 Cr (in ₹), with an average decrease of 19.5% per quarter

Confidence Petroleum India Ltd Valuation

Confidence Petroleum India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.46x)

March 23, 2020

Today (21.55x)

April 16, 2024

Industry (50.39x)

April 16, 2024

Highest (47.18x)

March 4, 2021

LowHigh

Mutual Fund Holdings

Funds Holdings
Quant Small Cap Fund Growth Option Direct PlanQuant Small Cap Fund Growth Option Direct Plan0.13%
Quant Value Fund Direct GrowthQuant Value Fund Direct Growth0.44%
Motilal Oswal Nifty Microcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Microcap 250 Index Fund Direct Growth0.15%
Groww Nifty Total Market Index Fund Direct GrowthGroww Nifty Total Market Index Fund Direct Growth0%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
56.15%
0.00
Foreign Institutions
1.94%
0.00
Mutual Funds
1.15%
0.00
Retail Investors
40.77%
0.00
Others
0%
0.00

Technicals of Confidence Petroleum India Ltd share

News & Events of Confidence Petroleum India Ltd

Frequently Asked Questions

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Confidence Petroleum India Ltd (CONFIPET) share price today is ₹88.85

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 ₹91.8.
  • Today’s lowest price of Confidence Petroleum India Ltd is ₹88.55.

PE Ratio of Confidence Petroleum India Ltd is 21.55

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 10.39L.

Today’s market capitalisation of Confidence Petroleum India Ltd(CONFIPET) is ₹2573Cr.

Confidence Petroleum India Ltd(CONFIPETPrice
52 Week High
₹120
52 Week Low
₹57.5

Confidence Petroleum India Ltd(CONFIPET) share price is ₹88.85. It is down -25.96% from its 52 Week High price of ₹120

Confidence Petroleum India Ltd(CONFIPET) share price is ₹88.85. It is up 54.52% from its 52 Week Low price of ₹57.5

Confidence Petroleum India Ltd(CONFIPETReturns
1 Day Returns
-0.15%
1 Month Returns
1.31%
3 Month Returns
3.25%
1 Year Returns
48.58%