Bengaluru, June 27 -- The shares of this leading LPG solutions provider are in focus after the company has secured a long-term contract from leading PSUs worth Rs 42 crore. In this article, we will discuss more about this in detail.

With a market capitalisation of Rs 1,678 crores, the shares of Confidence Petroleum India Ltd are currently trading at Rs 50.5 per share, down by 48.73 percent from its 52-week high of Rs 98.50 per share. Over the past five years, the stock has delivered a return of 158 percent.

On Friday, the company, through a stock exchange filing, announced that the company has secured a bottling assistance contract worth Rs 42.09 crore from Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Lim...