Diwali Small Cap Pick:Confidence Petroleum Limited
Fundamental Aspect
“Confidence Petroleum is a play on urbanisation. Rural India is increasingly transitioning from kerosene and other cooking mediums to LPG gas, you are also seeing greater trend of nuclear families, so that means a greater demand for LPG cylinders.”
“Confidence is the largest cylinder manufacturer in Asia; the capacity is more than 40 lakh and we are seeing a greater trend where currently the revenues as far as cylinder manufacturing is concerned is 40% but that’s not the story, the real big …
Read the full story »
“Confidence Petroleum is a play on urbanisation. Rural India is increasingly transitioning from kerosene and other cooking mediums to LPG gas, you are also seeing greater trend of nuclear families, so that means a greater demand for LPG cylinders.”
“Confidence is the largest cylinder manufacturer in Asia; the capacity is more than 40 lakh and we are seeing a greater trend where currently the revenues as far as cylinder manufacturing is concerned is 40% but that’s not the story, the real big …
Read the full story »
posted by Bramesh at
1:10 PM
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