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Approval

Confidence Petroleum India: The Exchange that the Board of Directors of the Company at their meeting held today i.e. on Friday, November…

Confidence Petroleum India (CONFIPET) filed a disclosure titled "The Exchange that the Board of Directors of the Company at their meeting held today i.e. on Friday, November 13, 2026 at Corporate Office has approved the following :- 1". The company is valued…

BCEIE News Desk · Published 13 Nov 2026, 09:34 pm IST · Filing received 13 Nov 2026, 09:19 pm IST

What happened

Confidence Petroleum India (CONFIPET) filed a disclosure with the exchanges on 13 November 2026 at 09:19 PM titled "The Exchange that the Board of Directors of the Company at their meeting held today i.e. on Friday, November 13, 2026 at Corporate Office has approved the following :- 1".

Company snapshot

Confidence Petroleum India is a small-cap company, with a market value of about ₹2,158 crore.

The stock last traded at ₹64.96, against a 52-week range of ₹28.06–₹93.2 (30.3% below the high).

Before this filing the shares had moved −22.8% over the month and −12.0% over three months. Average daily turnover over the last 20 sessions was about ₹18.72 crore.

Promoters held 57.38% at the end of Q1 FY27, up 1.49% points from the previous quarter; 41.45% of promoter shares were pledged. Foreign institutions owned 0.81% and domestic institutions 0.19%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY261,11220.20.61
Q2 FY2698320.31.24
Q3 FY261,39421.10.63
Q4 FY261,21631.10.94
Q1 FY272,40961.91.86

What history shows

BCEIE has no earlier approval filing from this company on record since May 2026.

Market-wide, 1,628 approval filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • 13 November 2026: Board meeting — Financial Results/Other business matters.

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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