Confidence Petroleum gains on commissioning eight LPG shelling out stations

Confidence Petroleum gains on commissioning eight LPG shelling out stations

by admin- Tuesday, March 12th, 2019 04:48:50 PM

Confidence Petroleum India is currently trading at Rs. 41.00, up by way of 0.Forty points or 0.99% from its preceding closing of Rs. 40.60 on the BSE.

The scrip opened at Rs. 41.00 and has touched a excessive and low of Rs. 41.Forty and Rs. Forty.50 respectively. So a ways 107516 stocks have been traded on the counter.

The BSE institution ‘B’ stock of face value Rs. 1 has touched a fifty two week high of Rs. 57.00 on 07-Aug-2018 and a fifty two week low of Rs. 28.05 on 23-Mar-2018.

Last one week excessive and occasional of the scrip stood at Rs. Forty two.90 and Rs. Forty.30 respectively. The cutting-edge marketplace cap of the business enterprise is Rs. 1114.51 crore.

The promoters preserving inside the organization stood at fifty one.56%, even as Institutions and Non-Institutions held 5.96% and forty two.48% respectively.

Confidence Petroleum India (CPIL) has completed and got License of 8 extra Auto LPG Dispensing Stations (Gas Stations) and brought their general wide variety from 178 stations to 186 Stations – Maharashtra – 1, Tamil Nadu – five , Karnataka – 2 Total 8.

With these eight new locations, the strength of the corporation’s ALDS stations has reached to 186. The enterprise is marching beforehand to gain its target of 200 Auto LPG Stations through the quit of March 31, 2019.

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