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

Confidence Petroleum India consolidated net profit rises 15.21% in the December 2021 quarter

Shoppers Stop Ltd, Hemisphere Properties India Ltd, Confidence Petroleum India Ltd and Mangalore Refinery And Petrochemicals Ltd are among the other gainers in the BSE’s ‘A’ group today, 18 January 2022.

Infibeam Avenues Ltd leads gainers in ‘A’ group

Confidence Petroleum India consolidated net profit rises 232.08% in the September 2021 quarter

Confidence Futuristic Energetech is a subsidiary of Confidence Petroleum India Limited.

Confidence Futuristic Energetech to raise production capacity to 5.4 lakh cylinders

Hasn't faired 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

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

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