Confidence Petroleum Hits New 52-Week Low at Rs. 41.62

Confidence Petroleum India has reached a new 52-week low, hitting Rs. 41.62 on October 14, 2025. This decline marks a significant downturn for the small-cap gas company, which has underperformed its sector by 1.69% today. The stock has been on a downward trajectory, experiencing a consecutive fall over the last two days, resulting in a total decline of 2.67% during this period.
In terms of moving averages, Confidence Petroleum is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained period of weakness. Over the past year, the stock has seen a substantial decline of 50.36%, contrasting sharply with the Sensex, which has remained relatively stable with a performance of 0.09%.

Despite these challenges, the company has demonstrated a strong ability to service its debt, with a low Debt to EBITDA ratio of 0.80 times. Additionally, it has reported healthy long-term growth, with net sales increasing at an annual rate of 31.33%. The recent financial results for the nine-month period ending June 2025 show net sales of Rs. 2,734.07 crore, reflecting a growth of 39.30%, and a profit after tax of Rs. 73.63 crore.