Confidence Petro

{
  "main_header": {
    "sid": 877223,
    "name": "Confidence Petro",
    "stock_name": "Confidence Petro",
    "full_name": "Confidence Petroleum India Ltd",
    "name_url": "stocks-analysis/confidence-petro",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "54.69",
    "chg": -0.72,
    "chgp": "-1.3%",
    "dir": -1,
    "prev_price": "55.41",
    "mcapval": "1,947.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 526829,
    "symbol": "CONFIPET",
    "ind_name": "Gas",
    "ind_code": 22,
    "indexname": "India SENSEX",
    "isin": "INE552D01024",
    "curr_date": "May 06",
    "curr_time": "",
    "bse_nse_vol": "55.28 lacs",
    "exc_status": "Active",
    "traded_date": "May 06, 2026",
    "traded_date_str": "2026 05 06",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/confidence-petro-877223-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "Confidence Petroleum India Ltd Technical Momentum Shifts to Mildly Bullish Amid Mixed Indicators",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/confidence-petroleum-india-ltd-technical-momentum-shifts-to-mildly-bullish-amid-mixed-indicators-3976906",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ConfidencePetro_technicaldot_3976906.png",
        "date": "2026-05-06 08:04:41",
        "description": "Confidence Petroleum India Ltd has recently exhibited a notable shift in its technical momentum, moving from a sideways trend to a mildly bullish stance. Despite a slight dip in the daily price, key technical indicators such as MACD, Bollinger Bands, and moving averages suggest improving price strength, while some momentum oscillators signal caution. This nuanced technical picture offers investors a balanced view of the stock’s near-term potential within the gas sector."
      },
      {
        "title": "Golden Cross Forms in Confidence Petroleum India Ltd — On a Day the Stock Fell 0.20%. What the Mixed Signals Mean",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/confidence-petroleum-india-ltd-forms-golden-cross-signalling-potential-bullish-breakout-3976394",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ConfidencePetro_goldencross_3976394.png",
        "date": "2026-05-05 18:00:15",
        "description": "The 50-day moving average has crossed above the 200-day moving average for Confidence Petroleum India Ltd, signalling a golden cross on 5 May 2026. Yet, the stock declined 0.20% on the same day, while monthly momentum indicators remain bearish. This juxtaposition of signals calls for a detailed examination of the technical and fundamental context to assess the reliability of this crossover."
      },
      {
        "title": "Confidence Petroleum India Ltd Dips 1.30%: 3 Key Events Shaping This Week’s Volatility",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/confidence-petroleum-india-ltd-dips-130-3-key-events-shaping-this-weeks-volatility-3971610",
        "imagepath": "",
        "date": "2026-05-02 15:00:49",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>27 Apr:</strong> Technical momentum shifts amid mixed indicator signals</p>\n                    <p><strong>28 Apr:</strong> Strong price gains with technical momentum improving</p>\n                    <p><strong>29 Apr:</strong> Shares plunge to lower circuit amid heavy selling pressure</p>\n                    <p><strong>30 Apr:</strong> Week closes with a mild decline at Rs.54.63 (-1.30%)</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.55.35</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-v..."
      },
      {
        "title": "Confidence Petroleum India Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/confidence-petroleum-india-ltd-is-rated-hold-3972674",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ConfidencePetro_mojoScore_3972674.png",
        "date": "2026-05-02 10:10:13",
        "description": "Confidence Petroleum India Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 18 Mar 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 02 May 2026, providing investors with an up-to-date perspective on the company’s performance and outlook."
      },
      {
        "title": "Confidence Petroleum India Ltd Locks at Lower Circuit With 5.9% Loss — Sellers Queue, No Buyers in Sight",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/confidence-petroleum-india-ltd-plunges-to-lower-circuit-amid-heavy-selling-pressure-3968485",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/ConfidencePetro_stocks_hitting_lower_circuit_3968485.png",
        "date": "2026-04-29 15:00:07",
        "description": "At Rs 52.84, sellers were still queuing — but there were no buyers willing to take the other side. Confidence Petroleum India Ltd locked at its lower circuit of 5.89% on 29 Apr 2026, with unfilled sell orders and a frozen price."
      },
      {
        "title": "Confidence Petroleum India Ltd Sees Technical Momentum Shift Amid Strong Price Gains",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/confidence-petroleum-india-ltd-sees-technical-momentum-shift-amid-strong-price-gains-3965630",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/ConfidencePetro_technicaldot_3965630.png",
        "date": "2026-04-28 08:04:38",
        "description": "Confidence Petroleum India Ltd has witnessed a notable shift in its technical momentum, transitioning from a mildly bearish stance to a more neutral sideways trend. This change accompanies a robust price rally, with the stock surging 4.14% in a single day and outperforming the broader Sensex across multiple timeframes."
      },
      {
        "title": "Confidence Petroleum India Ltd Technical Momentum Shifts Amid Mixed Indicator Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/confidence-petroleum-india-ltd-technical-momentum-shifts-amid-mixed-indicator-signals-3963671",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/ConfidencePetro_technicaldot_3963671.png",
        "date": "2026-04-27 08:02:08",
        "description": "Confidence Petroleum India Ltd, a micro-cap player in the gas sector, has experienced a notable shift in its technical momentum, moving from a sideways trend to a mildly bearish stance. Despite this, several technical indicators present a complex picture, with weekly and monthly signals diverging, reflecting a nuanced outlook for investors as the stock navigates current market conditions."
      },
      {
        "title": "Confidence Petroleum India Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/confidence-petroleum-india-ltd-is-rated-hold-3955809",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/ConfidencePetro_mojoScore_3955809.png",
        "date": "2026-04-21 10:10:33",
        "description": "Confidence Petroleum India Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 18 March 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 21 April 2026, providing investors with an up-to-date view of its fundamentals, returns, and overall market standing."
      },
      {
        "title": "Confidence Petroleum India Ltd Sees Technical Momentum Shift Amid Mixed Indicators",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/confidence-petroleum-india-ltd-sees-technical-momentum-shift-amid-mixed-indicators-3955092",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/ConfidencePetro_technicaldot_3955092.png",
        "date": "2026-04-21 08:04:53",
        "description": "Confidence Petroleum India Ltd has experienced a notable shift in its technical momentum, moving from a mildly bearish stance to a sideways trend, reflecting a complex interplay of bullish and bearish signals across key technical indicators. The stock’s recent 5.09% daily gain to ₹55.35, coupled with a significant month-to-date return of 52.82%, contrasts with mixed momentum signals, suggesting cautious optimism among investors in this micro-cap gas sector player."
      }
    ],
    "total": 244,
    "sid": "877223",
    "stock_news_url": "https://www.marketsmojo.com/news/confidence-petroleum-india-877223"
  },
  "announcements": [
    {
      "caption": "Shareholder Meeting / Postal Ballot-Scrutinizers Report",
      "datetime": "04-May-2026",
      "details": "attaching herewith scrutinizers reprot with voting result",
      "source": "BSE"
    },
    {
      "caption": "Shareholder Meeting / Postal Ballot-Outcome of EGM",
      "datetime": "02-May-2026",
      "details": "attaching here with proceeding of EGM of the company held on today i.e. Saturday May 02 2026",
      "source": "BSE"
    },
    {
      "caption": "Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A",
      "datetime": "30-Apr-2026",
      "details": "<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Confidence Petroleum India Ltd</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L40200MH1994PLC079766</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>173.00</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>A</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>ACUITE RATINGS & RESEARCH LIMITED</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>BSE</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: PRITY BHABHRA <br/> Designation: COMPANY SECRETARY <br/> EmailId: pritybhabhra@confidencegroup.co</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: ELESH KHARA <br/> Designation: DIRECTOR AND CFO <br/> EmailId: CS@CONFIDENCEGROUP.CO</div> </div> <div> <br/> Date: 30/04/2026<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Confidence Petroleum India Ltd has declared <strong>10%</strong> dividend, ex-date: 23 Sep 25",
          "dt": "2025-09-23",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Confidence Petroleum India Ltd Technical Momentum Shifts to Mildly Bullish Amid Mixed Indicators

2026-05-06 08:04:41

Confidence Petroleum India Ltd has recently exhibited a notable shift in its technical momentum, moving from a sideways trend to a mildly bullish stance. Despite a slight dip in the daily price, key technical indicators such as MACD, Bollinger Bands, and moving averages suggest improving price strength, while some momentum oscillators signal caution. This nuanced technical picture offers investors a balanced view of the stock’s near-term potential within the gas sector.

Read full news article

Golden Cross Forms in Confidence Petroleum India Ltd — On a Day the Stock Fell 0.20%. What the Mixed Signals Mean

2026-05-05 18:00:15

The 50-day moving average has crossed above the 200-day moving average for Confidence Petroleum India Ltd, signalling a golden cross on 5 May 2026. Yet, the stock declined 0.20% on the same day, while monthly momentum indicators remain bearish. This juxtaposition of signals calls for a detailed examination of the technical and fundamental context to assess the reliability of this crossover.

Read full news article

Confidence Petroleum India Ltd Dips 1.30%: 3 Key Events Shaping This Week’s Volatility

2026-05-02 15:00:49

Key Events This Week

27 Apr: Technical momentum shifts amid mixed indicator signals

28 Apr: Strong price gains with technical momentum improving

29 Apr: Shares plunge to lower circuit amid heavy selling pressure

30 Apr: Week closes with a mild decline at Rs.54.63 (-1.30%)

Week Open

Rs.55.35

Week Close

Read full news article

Confidence Petroleum India Ltd is Rated Hold

2026-05-02 10:10:13

Confidence Petroleum India Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 18 Mar 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 02 May 2026, providing investors with an up-to-date perspective on the company’s performance and outlook.

Read full news article

Confidence Petroleum India Ltd Locks at Lower Circuit With 5.9% Loss — Sellers Queue, No Buyers in Sight

2026-04-29 15:00:07

At Rs 52.84, sellers were still queuing — but there were no buyers willing to take the other side. Confidence Petroleum India Ltd locked at its lower circuit of 5.89% on 29 Apr 2026, with unfilled sell orders and a frozen price.

Read full news article

Confidence Petroleum India Ltd Sees Technical Momentum Shift Amid Strong Price Gains

2026-04-28 08:04:38

Confidence Petroleum India Ltd has witnessed a notable shift in its technical momentum, transitioning from a mildly bearish stance to a more neutral sideways trend. This change accompanies a robust price rally, with the stock surging 4.14% in a single day and outperforming the broader Sensex across multiple timeframes.

Read full news article

Confidence Petroleum India Ltd Technical Momentum Shifts Amid Mixed Indicator Signals

2026-04-27 08:02:08

Confidence Petroleum India Ltd, a micro-cap player in the gas sector, has experienced a notable shift in its technical momentum, moving from a sideways trend to a mildly bearish stance. Despite this, several technical indicators present a complex picture, with weekly and monthly signals diverging, reflecting a nuanced outlook for investors as the stock navigates current market conditions.

Read full news article

Confidence Petroleum India Ltd is Rated Hold

2026-04-21 10:10:33

Confidence Petroleum India Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 18 March 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 21 April 2026, providing investors with an up-to-date view of its fundamentals, returns, and overall market standing.

Read full news article

Confidence Petroleum India Ltd Sees Technical Momentum Shift Amid Mixed Indicators

2026-04-21 08:04:53

Confidence Petroleum India Ltd has experienced a notable shift in its technical momentum, moving from a mildly bearish stance to a sideways trend, reflecting a complex interplay of bullish and bearish signals across key technical indicators. The stock’s recent 5.09% daily gain to ₹55.35, coupled with a significant month-to-date return of 52.82%, contrasts with mixed momentum signals, suggesting cautious optimism among investors in this micro-cap gas sector player.

Read full news article

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