Blue Flame industries Pvt. Ltd., having cylinder manufacturing plant at Jharkhand has a installed capacity of 6 lacs LPG cylinders per annum mainly for supply to PSU Oil companies.
Confidence Petroleum India Limited with holding of 50% stakeIn Blue Flame Industries Limited has further acquired 25% stake and thus attained the holding of 75% stake in Blue Flame Industries Pvt. Ltd.
Shares of CONFIDENCE PETROLEUM INDIA LTD. was last trading in BSE at Rs.44.1 as compared to the previous close of Rs. 44.35. The total number of shares traded during the day was 213838 in over 463 trades.
The stock hit an intraday high of Rs. 46.45 and intraday low of 43. The net turnover during the day was Rs. 9593634.