Confidence Petroleum India hits record high on partnership with BW LGP

BW LPG

19/02/2024 07:56

** Shares of Confidence Petroleum India  CONF.NS  jump 13.8%
to record high of 117.9 rupees
    ** Co signs deal with BW LPG  BWLPG.OL  to source and
deliver LPG from international market
    ** Stock hit record high on Friday as well; closed up 13.5%
    ** Trading vol on the day is over 26.5 mln shares vs 32.5
mln vol on Fri, which was stock's busiest day ever
    ** Stock up ~38% so far in Feb, already 4th best month since
June 2019 listing (record monthly gain is just shy of 40%)
    

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India's Confidence Petroleum surges to a record high    https://reut.rs/3UFuV7P
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 (Reporting by Varun Vyas and Bharath Rajeswaran in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))