Confidence Petroleum (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Confidence Petroleum India Limited |
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Price: ₹71.86 | ||
| 52 Week Low: ₹62.55 52 Week High: ₹120.00 |
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| Market Capital: 2,308.41 Crore (Smallcap) | |||
| Energy -> Oil & Gas Refining & Marketing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Confidence Petroleum Share Price Target For 2024
- 1.1.1: Confidence Petroleum Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Confidence Petroleum Share Price Target For 2025
- 1.2.1: Confidence Petroleum Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Confidence Petroleum Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Confidence Petroleum Brief Company Overview
- 4: Confidence Petroleum Financial Performance
- 4.0.1: Is Confidence Petroleum A Good Buy For Long Term?
To predict the Confidence Petroleum's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Confidence Petroleum Share Price Target For 2024
The line chart displays the monthly closing prices of Confidence Petroleum with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Confidence Petroleum shares in 2024, see the table below.
Confidence Petroleum Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 75.52 (+5.09%) | Price Action: 05 Nov 2024 Low |
| 2024 Target 2 | 74.72 (+3.97%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 73.83 (+2.74%) | Price Action: Jul 2023 Low |
| Current Price | 71.86 | Confidence Petroleum's share price as of 23 Dec 2024 |
| Stop Loss 1 | 70.28 (-2.2%) | Price Action: 18 Nov 2024 High |
| Stop Loss 2 | 69.45 (-3.36%) | Price Action: Aug 2022 High |
| Stop Loss 3 | 68.51 (-4.67%) | Price Action: 25 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Confidence Petroleum is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹74.9 serves as the nearest technical reference point.
Historical Returns: 3-month: -16.47% | 6-month: -11.57% | 1-year: -19.55%
Confidence Petroleum Share Price Target For 2025
The line chart displays the monthly closing prices of Confidence Petroleum with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Confidence Petroleum shares in 2025, see the table below.
Confidence Petroleum Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 112.11 (+56.01%) | Price Action: Chart |
| 2025 Target 2 | 110.02 (+53.1%) | Price Action: Chart |
| 2025 Target 1 | 108.93 (+51.58%) | Fibonacci Extension Level 64.90% |
| Current Price | 71.86 | Confidence Petroleum's share price as of 23 Dec 2024 |
| Stop Loss 1 | 62.48 (-13.06%) | Price Action: Jun 2024 Low |
| Stop Loss 2 | 61.86 (-13.92%) | Price Action: Chart |
| Stop Loss 3 | 60.75 (-15.47%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Confidence Petroleum is currently trading near its 52-week low of ₹62.55, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -19.55% | 3-year: -6.71% | 5-year: +152.15%
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Approach 2: Machine Learning By Studying Historical Prices
Confidence Petroleum Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹71.86 | ||
| 2024 | ₹74.65 | +3.88% | ₹75.77 |
| 2025 | ₹67.31 | -9.83% | ₹74.65 |
| 2026 | ₹59.65 | -11.38% | ₹63.27 |
| 2027 | ₹47.85 | -19.78% | ₹57.96 |
| 2028 | ₹60.36 | +26.14% | ₹63.81 |
| 2029 | ₹58.19 | -3.59% | ₹63.76 |
| 2030 | ₹55.39 | -4.81% | ₹58.43 |
| 2031 | ₹56.43 | +1.87% | ₹57.28 |
| 2032 | ₹63.26 | +12.1% | ₹64.22 |
| 2033 | ₹58.20 | -7.99% | ₹65.52 |
| 2034 | ₹57.86 | -0.58% | ₹62.40 |
| 2035 | ₹57.25 | -1.05% | ₹59.28 |
| 2036 | ₹59.35 | +3.66% | ₹60.24 |
| 2037 | ₹63.36 | +6.75% | ₹64.31 |
| 2038 | ₹59.12 | -6.69% | ₹65.85 |
| 2039 | ₹63.85 | +8% | ₹64.81 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Confidence Petroleum Brief Company Overview
Product-Driven and Customer-Focused: A Snapshot of Confidence Petroleum India Limited Confidence Petroleum India Limited, established in 1993 with headquarters in Nagpur, India, is a leading manufacturer and distributor of liquefied petroleum gas (LPG) cylinders. ...
The company's diverse product range includes CNG and packed LPG cylinders, catering to both commercial and industrial customers. Focused on growth, Confidence Petroleum has gained a strong market presence and serves its clients under the reputable GoGas and GoGas Elite brand names. Driven by a commitment to quality and customer satisfaction, Confidence Petroleum is known for its reliable products and efficient LPG bottling and distribution services.Confidence Petroleum Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,308.41 Crore | Market valuation of Confidence Petroleum's shares. |
| Revenue (TTM) | 2,601.27 Crore | Total revenue generated by Confidence Petroleum over the past twelve months. |
| Net Income (TTM) | +84.36 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +4.38% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +3.24% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-11.1% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-53.1% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
49.91 | Company's total debt divided by total shareholder equity. |
| Total Debt | 632.6 Crore | Sum of Confidence Petroleum's current & long-term financial obligations. |
| Total Cash | 258.86 Crore | Total amount of liquid funds available to Confidence Petroleum. |
| Beta | 1.25 | Beta is greater than 1 indicating that the Confidence Petroleum's price is more volatile than the market. |
Is Confidence Petroleum A Good Buy For Long Term?
Confidence Petroleum, a small-cap stock with a market capitalization of ₹2,308.41 crore, presents a mixed picture for long-term investors. While its 3 and 5-year returns are impressive (74% and 76.97% respectively), recent performance is concerning, showing significant negative returns over the past 3, 6, and 12 months (-23.82%, -24.81%, and -12.95% respectively). A low profit margin of 3.24% coupled with a substantial debt of ₹632.6 crore against a cash balance of ₹258.86 crore raises red flags. Therefore, considering the current data, it's currently a not a good buy for the long term. Further analysis is recommended before any investment decision.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
