Confidence Petroleum is an India-based manufacturer of liquefied petroleum gas cylinders for domestic, has secured order worth Rs 1.39 billion for supply of 9.01 lakh LPG Cylinders of capacity 14.2 kg to Bharat Petroleum Corporation.
The stock had underperformed the market over the past one month till Jul. 27, 2018, rising 3.00% compared with the Sensex's 6.02% rise. It outperformed the market in past one quarter, gaining 11.28% as against 6.77% rise in the Sensex.
The company has market capitalization of Rs 12.79 billion as on Jul. 27, 2018.
Shares of the company gained Rs 1.85, or 3.74%, to trade at Rs 51.25. The total volume of shares traded was 94,383 at the BSE (11.29 a.m., Monday).