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Confidence Petroleum India Ltd.

BSE: 526829 Sector: Others
NSE: N.A. ISIN Code: INE552D01024
BSE LIVE 15:43 | 21 Aug 16.85 0.10
(0.60%)
OPEN

17.20

HIGH

17.20

LOW

16.25

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 17.20
PREVIOUS CLOSE 16.75
VOLUME 75574
52-Week high 18.36
52-Week low 6.51
P/E 80.24
Mkt Cap.(Rs cr) 436
Buy Price 0.00
Buy Qty 0.00
Sell Price 16.85
Sell Qty 5.00
OPEN 17.20
CLOSE 16.75
VOLUME 75574
52-Week high 18.36
52-Week low 6.51
P/E 80.24
Mkt Cap.(Rs cr) 436
Buy Price 0.00
Buy Qty 0.00
Sell Price 16.85
Sell Qty 5.00

Confidence Petroleum India Ltd. (CONFIDENCEPETRO) - Company History

Incorporated in Jul.'94 as a private limited company, Deversa Gas-Chem was converted into a limited company in Sep.'94. The company was promoted by Ashok Jain and Narendra Mohnot. The company came out with a public issue in Feb.'95 to set up two LPG bottling plants near Pali and Udaipur in Rajasthan. The installed capacity is 7200 tpa each with a total capacity of 14,400 tpa.Commercial production at Pali commenced in Mar.'95. It launched its product in the Devarsa Gas brand name, in Rajasthan. In Mar.'96, the company commenced commercial production at its second bottling plant at Udaipur. In 1995-96, the it launched a 25-kg gas capacity cylinder for the first time in India for the commercial and industrial segment. To ensure better utilisation of its bottling plants, the Company is doing contract filling of cylinders of other companies on jobwork basis alongwith bottling of own branded cylinders.