Confidence Futuristic Energetech gains as its arm bags order worth Rs 32.45 crore
Confidence Futuristic Energetech is currently trading at Rs. 81.77, up by 0.37 points or 0.45% from its previous closing of Rs. 81.40 on the BSE.
The scrip opened at Rs. 82.60 and has touched a high and low of Rs. 90.50 and Rs. 80.00 respectively. So far 136148 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 5 has touched a 52 week high of Rs. 119.00 on 03-Jan-2025 and a 52 week low of Rs. 58.12 on 30-Oct-2024.
Last one week high and low of the scrip stood at Rs. 90.50 and Rs. 78.30 respectively. The current market cap of the company is Rs. 204.66 crore.
The promoters holding in the company stood at 61.87%, while Non-Institutions held 38.13% in the company.
Confidence Futuristic Energetech’s 100% subsidiary -- Confidence Enterprise has received a substantial order valued at around Rs 32.45 crore for the supply of Cascades in various sizes from a leading client. This order marks a significant milestone in Confidence Futuristic Energetech continued growth and highlights the increasing demand for its innovative energy solutions.
Confidence Futuristic Energetech is engaged in Parellel LPG Market by the name of pack cylinder division with GO GAS ELITE as its brand and is into selling LPG to both domestic and commercial users at competitive rates.
