Risk factor
Very poor trading liquidity
Profitability factor
Decent price performance
About
Confidence Petroleum India Limited manufactures and sells liquefied petroleum gas (LPG) cylinders in India. It operates through two segments, Cylinder Division and LPG Division. The company offers CNG and packed cylinders. It also provides LPG bottling services, as well as operates auto LPG dispensing stations. The company serves commercial and industrial customers under the GoGas, and retail customer under the GoGas Elite brand names. Confidence Petroleum India Limited was founded in 1993 and is based in Nagpur, India.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV
Buy
Sell