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Confidence Petroleum India Limited is an India-based manufacturer of liquefied petroleum gas (LPG) cylinders for domestic, as well as commercial use. The Company's segments include Cylinder Division and LPG Division. The Cylinder Division includes production and marketing operations of LPG / compressed natural gas (CNG) cylinders. The LPG Division includes LPG marketing and bottling business and others. It provides a range of high-pressure cylinders for various applications, such as medical oxygen, industrial gases, nitrogen cylinders, and cylinders for other hi-pressure gases. Its GoGas Elite composite cylinders are available in varying sizes, such as 2 kilograms (kg), 5kg, 10kg and 20kg. It is a supplier of auto LPG in India with its network of bottling plants and auto LPG dispensing stations (ALDS) across India, into Parallel LPG market by the name of pack cylinder division with GO GAS as its brand, into selling LPG to both domestic and commercial users.
As of Today at 06:05 UTC, shares in Confidence Petroleum India are trading at IN₹77.75. This share price information is delayed by 15 minutes.
Shares in Confidence Petroleum India last closed at IN₹77.75 and the price had moved by +6.73% over the past 365 days. In terms of relative price strength the Confidence Petroleum India share price has underperformed the S&P BSE 100 Index by -2.15% over the past year.
The overall consensus recommendation for Confidence Petroleum India is Buy. You can view the full broker recommendation list by unlocking its StockReport.
The Confidence Petroleum India dividend yield is 0.13% based on the trailing twelve month period.
Last year, Confidence Petroleum India paid a total dividend of IN₹0.10, and it currently has a trailing dividend yield of 0.13%. We do not have any data on when Confidence Petroleum India is to next pay dividends.
We do not have data on when Confidence Petroleum India is to next pay dividends. The historic dividend yield on Confidence Petroleum India shares is currently 0.13%.
To buy shares in Confidence Petroleum India you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of IN₹77.75, shares in Confidence Petroleum India had a market capitalisation of IN₹22.04bn.
Here are the trading details for Confidence Petroleum India:
- Country of listing: India
- Exchange: BSE
- Ticker Symbol: 526829
Based on an overall assessment of its quality, value and momentum Confidence Petroleum India is currently classified as a Momentum Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
We could not find analyst target price data for this security.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Confidence Petroleum India. Over the past six months, its share price has outperformed the S&P BSE 100 Index by +23.15%.
As of the last closing price of IN₹77.75, shares in Confidence Petroleum India were trading +21.97% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Confidence Petroleum India PE ratio based on its reported earnings over the past 12 months is null. The shares last closed at IN₹77.75.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Confidence Petroleum India's management team is headed by:
- Nitin Khara - CHM
- Prity Bhabhra - CCO
- Elesh Khara - EDR
- Vaibhav Dedhia - DRC
- Mansi Deogirkar - DRC
- Vandana Gupta - IND
- Ratnesh Kumar - IND
- Sumant Sutaria - NID