Current price is less than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

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

Confidence Petroleum India reports consolidated net profit of Rs 17.81 crore in the June 2021 quarter

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

Confidence Petroleum India Ltd

Confidence Petroleum India Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

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

Manali Petrochemicals Ltd leads gainers in ‘A’ group

Confidence Petroleum soars on preferential share issue proposal

Confidence Petroleum soars on receiving license for operating CNG stations

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

Stocks that will see action today: Feb 18

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

Confidence Petroleum India Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

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

Manali Petrochemicals Ltd leads gainers in ‘A’ group

Confidence Petroleum soars on preferential share issue proposal

Confidence Petroleum soars on receiving license for operating CNG stations

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

Stocks that will see action today: Feb 18

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

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock