Confidence Petroleum India announced the addition of two more auto LPG dispensing stations to its fleet, one at Bangalore and other at Channaratapatna in Karnataka State.
The stock had outperformed the market over the past one month till May. 31, 2018, rising 7.53% compared with the Sensex's 0.46% rise. It outperformed the market in past one quarter, gaining 55.76% as against 3.33% rise in the Sensex.
Shares of the company declined Rs 1.05, or 2.2%, to trade at Rs 46.60. The total volume of shares traded was 48,497 at the BSE (10.52 a.m., Friday).