#OnCNBCTV18 | Tie-up with Singapore’s BW LPG will have lots of synergistic benefits, says Nitin Khara, CMD of Confidence Petroleum. Tells Sonal Bhutra & Pavitra Parekh that JV will be operational by 2026 & expects huge growth potential in the LPG market.

#confidencepetroleum #confidence #confidencepetroleumstock #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

Read More: http://www.cnbctv18.com/market/singapore-bw-lpg-to-invest-250-crore-for-stake-in-jv-with-confidence-petroleum-18441111.htm

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Tie-Up With Singapore’s BW LPG Will Have Lots Of Synergistic Benefits: Confidence Petroleum

#OnCNBCTV18 | Targeting 500 LPG dispensation stations by 2025, says Nitin Khara, Chmn & CMD of Confidence Petroleum. Tells Ekta Batra and Sonal Bhutra that the company aims for revenue growth of 40% per annum. 

#confidencepetroleum #q1fy24earnings #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday  

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Targeting 500 LPG Dispensation Stations By 2025: Confidence Petroleum | CNBC TV18

The company commissioned 13 new LPG station for cars and auto rickshaws, taking the total strength to 248.

Confidence Petroleum Stock Gains After Opening 13 New LPG Stations

The company had reported 125.3 percent YoY jump in its June quarter net profit at Rs 32.02 crore and revenue has increased by 146.3 percent at Rs 875.13 crore.

Confidence Petroleum shares up 2% on 13 new outlets opening

Confidence Petroleum India consolidated net profit rises 17.50% in the December 2022 quarter

IDBI Bank Ltd, Neuland Laboratories Ltd, Fairchem Organics Ltd and Confidence Petroleum India Ltd are among the other gainers in the BSE’s ‘A’ group today, 10 October 2022.

Garden Reach Shipbuilders & Engineers Ltd leads gainers in ‘A’ group

Confidence Petroleum India Ltd, Tata Investment Corporation Ltd, Fineotex Chemical Ltd and Bodal Chemicals Ltd are among the other gainers in the BSE’s ‘A’ group today, 12 September 2022.

Manali Petrochemicals Ltd leads gainers in ‘A’ group

Confidence Petroleum India jumped 4.56% to Rs 70 after the company said that its board will meet on Tuesday, 06 September 2022, to consider a proposal of fund raising through issue of shares /share warrants on the basis of preferential allotment.

Confidence Petroleum soars on preferential share issue proposal

Confidence Petroleum India jumped 4.58% to Rs 58.20 after the company said that it had received license for commercial operation of CNG stations at Bangalore.

Confidence Petroleum soars on receiving license for operating CNG stations

Confidence Petroleum India consolidated net profit declines 47.89% in the March 2022 quarter

Buzzing stocks: Ambuja Cements, Wipro, Confidence Petroleum, Hinduja Global Solutions, Lupin, Wanbury, Hindustan Adhesives

Stocks that will see action today: Feb 18

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Confidence Petroleum India is a manufacturer of liquefied petroleum gas (LPG) cylinders for domestic, as well as commercial use and is also engaged in the sale of cylinder, LPG bottling, and filling/DPT/transport