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Confidence Petroleum India Ltd.

BSE: 526829 Sector: Others
NSE: N.A. ISIN Code: INE552D01024
BSE 00:00 | 25 Apr 41.55 0.35
(0.85%)
OPEN

41.80

HIGH

42.40

LOW

41.00

NSE 05:30 | 01 Jan Confidence Petroleum India Ltd
OPEN 41.80
PREVIOUS CLOSE 41.20
VOLUME 82662
52-Week high 57.00
52-Week low 28.50
P/E 21.53
Mkt Cap.(Rs cr) 1,138
Buy Price 41.55
Buy Qty 1000.00
Sell Price 41.95
Sell Qty 1066.00
OPEN 41.80
CLOSE 41.20
VOLUME 82662
52-Week high 57.00
52-Week low 28.50
P/E 21.53
Mkt Cap.(Rs cr) 1,138
Buy Price 41.55
Buy Qty 1000.00
Sell Price 41.95
Sell Qty 1066.00

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.