SSelectStock

CFELConfidence Futuristic Energetech Limited

Energy · Utilities - Regulated Gas · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

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.

49.30
9.75%
58Decent

Mkt Cap
₹120 Cr
P/E
17.2
P/B
0.9
Div Yield
0.00%
52W High
₹49.41
52W Low
₹28.16

Price & Volume

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Key Ratios

Market Cap (₹ cr)120.30
P/E17.18
P/B0.90
PEG0.04
ROE %4.10
ROCE %1.70
Debt / Equity0.82
EPS2.87
Revenue Growth %-12.50
Profit Growth %318.20
Dividend Yield %0.00
Promoter Holding %74.74
FII Holding %0.00
DII Holding %
Beta-0.59

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on CFEL — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

HOLDConviction 61%

The picture

  • Profit growth: 318.2% YoY
  • Debt/Equity: 0.82
  • Promoter holding: 74.7%
  • Distance from 52-week high: 0.2% below high
  • Volume trend: 1.7x baseline
  • Max drawdown (1y): 10%

Bull case

  • Profit growth: 318.2% YoY
  • Debt/Equity: 0.82
  • Promoter holding: 74.7%
  • Distance from 52-week high: 0.2% below high

Bear case

  • Recently listed — limited trading history, scores are provisional
  • Revenue growth: -12.5% YoY
  • ROE: 4.1%
  • Insufficient price history

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Recently listed — limited trading history, scores are provisional
  • Revenue growth: -12.5% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹49.30
Stop Loss
₹42.15
risk 14.5%
Target 1 (1.5R)
₹60.02
+21.7%
Target 2 (3R)
₹70.75
+43.5%
Support (20d)
₹28.16
Resistance (52w)
₹49.41
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹7.15/share
ATR (volatility)
₹2.86
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹2.86). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental53
Technical50
Momentum84
Risk (safety)41

Peers — Energy

CHENNPETRO 3.29%
81
ASIANENE 0.22%
76
DEEPINDS 1.07%
75
ANTELOPUS 1.36%
75
CONFIPET 1.57%
74
GIPCL 1.28%
74