Confidence Petroleum India
Confidence Petroleum India Performance
Day Range
- Low 96.15
- High 99.00
52 Week Range
- Low 55.30
- High 104.90
- Open Price97.50
- Previous Close97.10
- Volume2879979
Start SIP in Confidence Petroleum India
Start SIPConfidence Petroleum India Investment Rating
-
Master Rating:
-
Confidence Ptl.India has an operating revenue of Rs. 2,906.50 Cr. on a trailing 12-month basis. An annual revenue growth of 54% is outstanding, Pre-tax margin of 5% is okay, ROE of 11% is good. The company has a reasonable debt to equity of 36%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 13% and 31% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -1% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 64 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 156 indicates it belongs to a poor industry group of Utility-Gas Distribution and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 600 | 803 | 619 | 659 | 439 | 331 | 325 |
Operating Expenses Qtr Cr | 519 | 739 | 563 | 606 | 389 | 297 | 296 |
Operating Profit Qtr Cr | 81 | 65 | 56 | 53 | 50 | 34 | 29 |
Depreciation Qtr Cr | 21 | 21 | 24 | 16 | 16 | 15 | 18 |
Interest Qtr Cr | 18 | 5 | 5 | 3 | 5 | 2 | 2 |
Tax Qtr Cr | 16 | 10 | 9 | 9 | 8 | 5 | 4 |
Net Profit Qtr Cr | 30 | 29 | 22 | 25 | 22 | 13 | 11 |
Confidence Petroleum India Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 15
- Bearish Moving Average
- ___
- 1
- 20 Day
- ₹89.93
- 50 Day
- ₹86.44
- 100 Day
- ₹83.03
- 200 Day
- ₹78.30
- 20 Day
- ₹88.43
- 50 Day
- ₹85.53
- 100 Day
- ₹83.62
- 200 Day
- ₹74.05
Confidence Petroleum India Resistance and Support
Resistance | |
---|---|
First Resistance | 98.58 |
Second Resistance | 100.22 |
Third Resistance | 101.43 |
RSI | 64.79 |
MFI | 73.04 |
MACD Single Line | 2.26 |
MACD | 3.73 |
Support | |
---|---|
First Resistance | 95.73 |
Second Resistance | 94.52 |
Third Resistance | 92.88 |
Confidence Petroleum India Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 3,244,864 | 157,538,147 | 48.55 |
Week | 9,629,708 | 413,307,057 | 42.92 |
1 Month | 3,280,281 | 149,777,641 | 45.66 |
6 Month | 2,390,453 | 105,036,488 | 43.94 |
Confidence Petroleum India Result Highlights
Confidence Petroleum India Synopsis
NSE-Utility-Gas Distribution
Confidence Petroleum belongs to the Industry of LPG Bottling/Distribution. Company’s Total Operating Revenue is Rs. 2048.10 Cr. and Equity Capital is Rs. 28.40 Cr. for the Year ended 31/03/2023. Confidence Petroleum India Ltd. is a Public Limited Listed company incorporated on 21/07/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L40200MH1994PLC079766 and registration number is 079766.Market Cap | 2,788 |
Sales | 2,681 |
Shares in Float | 11.22 |
No of funds | 26 |
Yield | 0.1 |
Book Value | 3.98 |
U/D Vol ratio | 0.8 |
LTDebt / Equity | 65 |
Alpha | 0.09 |
Beta | 1.62 |
Confidence Petroleum India
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 61.31% | 61.31% | 61.45% | 60.26% |
Mutual Funds | 1.26% | 1.23% | 0.92% | 0.72% |
Foreign Portfolio Investors | 2.23% | 1.94% | 2.73% | 2.89% |
Individual Investors | 28.55% | 28.45% | 28.11% | 28.47% |
Others | 6.65% | 7.07% | 6.79% | 7.66% |
Confidence Petroleum India Management
Name | Designation |
---|---|
Mr. Nitin Khara | Chairman & Managing Director |
Mr. Elesh Khara | Executive Director & CFO |
Mrs. Vandana Gupta | Ind. Non-Executive Director |
Mr. Vaibhav Pradeep Dedhia | Ind. Non-Executive Director |
Mrs. Mansi Deogirkar | Ind. Non-Executive Director |
Mr. Sumant Sutaria | Ind. Non-Executive Director |
Confidence Petroleum India Forecast
Price Estimates
Confidence Petroleum India Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-30 | Preferential issue of shares | |
2023-11-10 | Quarterly Results | |
2023-08-14 | Quarterly Results | |
2023-05-29 | Audited Results & Final Dividend | |
2023-02-04 | Quarterly Results |
Confidence Petroleum India FAQs
What is Share Price of Confidence Petroleum India ?
Confidence Petroleum India share price is ₹96 As on 01 December, 2023 | 21:13
What is the Market Cap of Confidence Petroleum India ?
The Market Cap of Confidence Petroleum India is ₹2788.1 Cr As on 01 December, 2023 | 21:13
What is the P/E ratio of Confidence Petroleum India ?
The P/E ratio of Confidence Petroleum India is 24.1 As on 01 December, 2023 | 21:13
What is the PB ratio of Confidence Petroleum India ?
The PB ratio of Confidence Petroleum India is 3.2 As on 01 December, 2023 | 21:13