Confidence Petroleum India Ltd. Share Price

Overview

Confidence Petroleum India Ltd. share price is currently ₹86.65, up by ₹0.19 (0.22%) from its previous closing price of ₹86.46. The share price has gained 19.15% over the past month and gained 83.18% over the past year. The stock's 52-week low and high are ₹27.37 and ₹89.97, respectively. Confidence Petroleum India Ltd. has a market capitalisation of ₹ 2,740.00 Cr. The share price was last updated on 11 Sep 2026, 10:21 AM IST.

Confidence Petroleum India Ltd.
Confidence Petroleum India Ltd.
CONFIPET
 0.00
 0.19
0.22%
Trading
 0.00(%)1D

Updated: 11 Sep 2026, 10:21:53 am IST

Market Data

Open Price

 86.88

Prev. Close

 86.46
 86.10

Day Low

 89.32

Day High

 27.37

52 Week Low

 89.97

52 Week High

TradingTrading
CategorySmall Cap

Fundamentals

Quick Bite

Price To Earnings Ratio

21.40

Sector PE

39.68

PB Ratio

2.18

Sector PB

4.42

EPS

4.05

Dividend Yield

0.21

Today's Volume

2.084 M

5 Day Avg. Volume

5.502 M

PEG Ratio

-1.14

Market Cap.

₹ 2,740.00 Cr.

StockGro Trade views

Technical Analysis

Forecasts 🧭

Financials

Corporate Actions

ActionsEx-DateRecord-Date
DividendsFinal Dividend of 10% at ₹0.1/Share
23-Sep-202623-Sep-2026
DividendsFinal Dividend of 10% at ₹0.1/Share
23-Sep-202523-Sep-2025
DividendsFinal Dividend of 10% at ₹0.1/Share
23-Sep-202423-Sep-2024

Mutual Fund Ownership

Mutual Fund Holder
Apr 26
Shares held
May 26
Shares held
Motilal Oswal BSE 1000 Index Fund - Regular Plan - Growth438
444
(1.37%)

About Confidence Petroleum India Ltd. 👋

Confidence Petroleum India Limited is an India-based manufacturer of liquefied petroleum gas (LPG) cylinders. The Company operates through two segments: 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. It provides a range of industrial gas cylinders for nitrogen, oxygen, helium, argon, and more. Its LPG retail segment / packed LPG segment offers under the brand GoGas. It offers a range of cylinder sizes from two kilograms (kg) to 425 kg. Its subsidiaries include Hemkunt Petroleum Ltd, Taraa Lpg Bottling Pvt Ltd, Agwan Coach Pvt Ltd, Confidence Go Gas Ltd, Keppy Infrastructure Developers Pvt Ltd, Unity Cylinders& Equipment Pvt Ltd, Confidence Technologies Pvt Ltd, S.V Engineering Equipments Pvt Ltd, among others.

Expert Opinions

Insights from SEBI-registered analysts · updated live

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Naveen Kumar

Naveen Kumar

28 Jul • 11:04 AM · SEBI-Registered Analyst

CONFIPET

Confidence Petroleum is exhibiting a classic "Flag and Pole" pattern, which is a textbook sign of trend continuation. The stock is making its fourth attempt to break a resistance level that has held firm for about 18 months. What stands out here is "relative strength"—while the broader mid-cap and small-cap indices have been corrected over the last few days, this stock has remained resilient and bullish. There is an immediate overhead resistance near the 85-90 zone, which remains the only technical hurdle for a clean run. View: This stock is showing great grit in a weak market. When a stock refuses to fall alongside its peers, it usually indicates strong internal buying. However, because there are two resistance levels packed closely together, the risk-reward ratio is slightly tighter for new investors. It is a good "momentum" play, but you must be disciplined with stop-losses. Overall, the outlook is cautiously optimistic, leaning toward a bullish breakout if the current trend hold

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CA Omkar Bhutada - SEBI Reg IA

CA Omkar Bhutada - SEBI Reg IA

3 Jun • 7:56 PM · SEBI-Registered Analyst

Confidence Petroleum India Ltd. (Weekly Chart) – Technical Analysis

CONFIPET
1) Pattern Identification This chart is showing a bullish breakout from a long-term Falling Channel. Key observations: Price remained trapped inside a downward sloping channel for nearly 2 years. The recent rally has produced a decisive breakout above the upper channel boundary. The breakout occurred after a higher low formation near ₹30–35, suggesting accumulation at lower levels. This is typically an early-stage trend reversal pattern. 2) Breakout Zone Major Breakout Level ₹40–45 (upper channel resistance) The stock is now trading around ₹76.7, significantly above the breakout zone. This indicates: Breakout is already confirmed. Momentum buyers have entered aggressively. Previous resistance should now act as support. 4) Momentum Assessment Strong Bullish Signals ✅ Clean breakout from a multi-year falling channel. ✅ Sharp price expansion after breakout. ✅ Strong bullish weekly candle (+13%). ✅ Trend reversal structure visible. ✅ Breakout accompanied by increasing momentum. Trading View Pattern: Multi-Year Falling Channel Breakout Breakout Zone: ₹40–45 Immediate Support: ₹68–72 Major Support: ₹60–65 Targets: ₹85 → ₹100 → ₹115 → ₹130+ Invalidation: Below ₹45

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Saurab Jain

Saurab Jain

24 May • 10:43 PM · SEBI-Registered Analyst

Confidence Petroleum Expands Presence in LPG and CNG Distribution

CONFIPET
Confidence Petroleum India continues to strengthen its position in the LPG cylinder manufacturing and fuel distribution business. The company operates across LPG bottling, Auto LPG, CNG infrastructure, and cylinder manufacturing segments, benefiting from rising clean-fuel adoption and growing energy demand. Expansion of Auto LPG stations and increasing focus on alternative fuel infrastructure remain important growth drivers for the business. Government efforts toward cleaner transportation and energy transition also support long-term sector opportunities. Investors continue to monitor fuel pricing, regulatory policies, competition, and execution of expansion plans, as these factors play a major role in shaping future business performance and profitability.

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CA Omkar Bhutada - SEBI Reg IA

CA Omkar Bhutada - SEBI Reg IA

2 Apr • 11:22 PM · SEBI-Registered Analyst

Channel Breakout Attempt After Prolonged Downtrend – Early Reversal Signal?

CONFIPET
The chart shows a long-term falling channel structure, where price has been consistently making lower highs and lower lows. However, the recent sharp bullish move near ₹50–₹52 suggests a potential breakout attempt from this bearish channel. From an Elliott Wave perspective, the entire downtrend can be interpreted as a corrective ABC structure, where Wave C appears to be nearing completion. The recent strong bullish candle indicates the possible start of a new impulsive Wave 1, marking the early stage of a trend reversal. On the momentum side, such sharp upward moves after prolonged declines typically align with a bullish MACD crossover, often accompanied by strong histogram expansion. This reflects a shift from seller dominance to early buyer participation. Looking at AVWAP, if anchored from the major swing high (around ₹120 levels), price has now started to approach and potentially reclaim AVWAP, which has acted as dynamic resistance throughout the downtrend. A sustained move above ₹52–₹55 would confirm that the average participant is transitioning from loss to profit, strengthening bullish sentiment. The most critical observation is the breakout from the falling channel, which, if sustained, often leads to sharp upside moves due to short covering and fresh buying interest. From a fundamental standpoint: The company operates in a niche petrochemical segment with cyclical demand Smaller market cap can lead to higher volatility but also sharper upside in favorable cycles Earnings visibility may improve with sector tailwinds Conclusion: The structure suggests an early reversal setup, but confirmation is key. Sustaining above ₹52–₹55 could open upside towards ₹65–₹70 in the near term. However, failure to hold above the breakout zone may result in a retest of lower levels before a decisive trend change.

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AASHISH RA

AASHISH RA

27 Mar • 5:00 PM · SEBI-Registered Analyst

Confidence Petroleum India Limited (CONFIPET) – SWOT Analysis

CONFIPET
Business Overview Confidence Petroleum is engaged in: LPG cylinder manufacturing LPG bottling and distribution Auto LPG dispensing stations CNG station operations Gas marketing under the “Go Gas” brand Strengths (S) Integrated Gas Business The company operates across the LPG value chain—cylinder manufacturing, bottling, and retail distribution—creating better operational control. Strong Presence in Auto LPG & CNG ndustrial and commercial demand. Government Push for Cleaner Fuels Rising adoption of LPG and CNG in India supports long-term demand. Weaknesses (W) Low Return Ratios Return on Equity and Return on Capital Employed remain relatively weak, indicating limited efficiency in capital utilization. Debt Increase Borrowings have increased significantly in recent years due to expansion plans, which can pressure profitability. Opportunities (O) Expansion of CNG & Auto LPG Network Increasing number of CNG stations and Auto LPG outlets can support future growth. The company recently added new CNG stations in Bengaluru. India’s Gas-Based Economy Vision India aims to increase the share of natural gas in the energy mix, which could benefit companies like Confidence Petroleum. 🚚⛽📈 Threats (T) Volatility in LPG Prices Fluctuations in LPG and crude oil prices can impact profitability. Strong Competition Competition from larger players like Indraprastha Gas Limited, Mahanagar Gas Limited, and PSU oil companies. Disclaimer Aashish Rajput is a SEBI Registered Research Analyst (Registration No. INH000013174). The above analysis is provided strictly for educational and informational purposes only and should not be construed as investment advice or a recommendation to buy or sell any securities. Stock market investments are subject to market risks. Please read all related documents carefully before making any investment decisions.

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PATEL ABHIKUMAR HARESHBHAI

PATEL ABHIKUMAR HARESHBHAI

27 Mar • 4:47 PM · SEBI-Registered Analyst

Daily Index View : SENSEX as on 27/03/2026

🎯 Market Surface : Intraday Prospective 🚨 Current Market Trend: Negative 📉 - Probability -10% 🔍 Key Level to Watch: 74556 🔄 Current Market Surface: The trend will stay negative until the market stay below 74556 That’s 815 points away from the last trading price. Information Surface (Subjective View) 🌐 Sentiments: Dow Jones Futures is Trading Flat to Positive & HANG SENG Index is trading Flat to Positive - Probability: 10% Market Bies is Mised, Both side trading Opportunity 💯 Total probability based on Market Surface : (Objective View) & Information Surface (Subjective View) is 3% FALSE Top stock to watch out for is

CONFIPET

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