DevanNaayar

Confidence Petroleum India

NSE:CONFIPET   CONFIDENCE PETRO IND LTD.
Stock belongs to Oil marketing and distribution industry. Engaged in the business of LPG bottling / distribution . Stock price is getting contracted in the band 90 to 60 levels. % of promoter pledge is the major turn downs of this stock. High selling pressure is seen in the charts. ROE is also low . In short run its not a good bet .

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