Confidence Petroleum India Limited manufactures and sells LPG cylinders in India and internationally. The company is involved in the LPG bulk marketing business. It also provides auto LPG under the GoGas brand through Auto LPG dispensing stations; and packed LPG for households, commercial establishments and industries, as well as customized bulk LPG solutions to industrial customers. In addition, the company engages in bottling activities; compressed natural gas (CNG) retailing business; and logistics business. The company was formerly known as Devarsa Gas-Chem Ltd. and changed its name to Confidence Petroleum India Limited in February 2006. The company was founded in 1993 and is based in Nagpur, India.
Research context
Confidence Petroleum India Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Energy
- Industry
- Oil & Gas Refining & Marketing
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5 years, 6 months ago
Confidence Petroleum India Limited is currently in a long term uptrend where the price is trading 41.3% above its 200 day moving average.
From a valuation standpoint, the stock is 410.5% more expensive than other stocks from the sector with a price to sales ratio of 1.6.
Confidence Petroleum India Limited's total revenue rose by 0.9% to $3B since the same quarter in the previous year.
Its net income has increased by 10.8% to $200M since the same quarter in the previous year.
Finally, its free cash flow fell by 24.7% to $209M since the same quarter in the previous year.
Based on the above factors, Confidence Petroleum India Limited gets an overall score of 3/5.