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Confidence Petroleum India LtdNSE CONFIPET Stock Report

Last reporting period 31 Mar, 2024

Updated 22 Oct, 2024

Last price

Market cap $B

0.124

Micro

Exchange

XNSE - National Stock Exchange Of India

CONFIPET.NS Stock Analysis

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Avoid

Based on Eyestock quantitative analysis, CONFIPET.NS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

46/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

0.2 %

Undervalued

Market cap $B

0.124

Dividend yield

0.11 %

Shares outstanding

317.38 B

Confidence Petroleum India Ltd. engages in the manufacture and marketing of liquefied petroleum gas (LPG) cylinders. The company is headquartered in Nagpur, Maharashtra and currently employs 826 full-time employees. The firm's segments include Cylinder and LPG. The Cylinder segment includes production and marketing operations of LPG/compressed natural gas (CNG) cylinders. The LPG segment includes LPG marketing and bottling business and others. The company provides a range of high-pressure cylinders for various applications, such as medical oxygen, industrial gases, nitrogen cylinders, and cylinders for other high-pressure gases. The firm has composite cylinders in India under the brand GoGas Elite. Its GoGas Elite composite cylinders are available in varying sizes, such as two kilograms (kg), five kg, 10 kg, and 20 kg. Its metal cylinder under the GoGas brand offers a range of products, including 12 kg, 15 kg, 17 Kg, 21 kg, and 33 Kg. The company is a supplier of auto LPG in India with its network of bottling plants and auto LPG dispensing stations (ALDS) across India.

View Section: Eyestock Rating