Confidence Futuristic Energetech Ltd Share Price & Stock Analysis

Confidence Futuristic Energetech Limited engages in the manufacture and supply of LPG cylinders under the Go Gas Elite brand name for domestic and commercial users in India. The company operates through Cylinder and LPG segments. It offers compressed natural gas (CNG) and high-pressure cylinders, onboard CNG, CNG cascades, and medical oxygen and seamless steel gas cylinders for industrial gases. The company was formerly known as Globe Industrial Resources Limited and changed its name to Confidence Futuristic Energetech Limited in October 2017. The company was incorporated in 1985 and is based in Nagpur, India. Confidence Futuristic Energetech Limited is a subsidiary of Confidence Petroleum India Limited.

Key Metrics

Current Price₹38.50
Market Cap₹96 Cr
SectorIndustrials > Capital Goods > Machinery
Sub-IndustryIndustrial Machinery and Supplies and Components > Material Handling Machinery and Equipment
P/E Ratio15.5
Return on Equity3.44%
52-Week Range₹26.97 – ₹90.00
Beta (1Y)-0.18
Dividend Yield0.65%

Peer Companies

Frequently Asked Questions

What is the current share price of Confidence Futuristic Energetech Ltd?

Confidence Futuristic Energetech Ltd is trading at ₹38.50, with a market capitalisation of ₹96 Cr.

Which sector does Confidence Futuristic Energetech Ltd belong to?

Confidence Futuristic Energetech Ltd operates in the Industrials > Capital Goods > Machinery space (Industrial Machinery and Supplies and Components > Material Handling Machinery and Equipment).

What are the key financial ratios of Confidence Futuristic Energetech Ltd?

Confidence Futuristic Energetech Ltd has a P/E of 15.5 and a return on equity of 3.44%.