CFELConfidence Futuristic Energetech Limited
Energy · Utilities - Regulated Gas · NSE · as of 2026-10-26 (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.
Price & Volume
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Key Ratios
“—” 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.
Why avoid
- • Overall evidence is weak (AlgoScore 30/100)
- • Revenue growth: -12.5% YoY
- • ROE: 3.7%
- • RSI: 28
- • MACD: bearish
Bull case
- • Profit growth: 318.2% YoY
- • Debt/Equity: 0.82
- • Promoter holding: 74.7%
- • Trend strength (ADX): 36
Bear case
- • Revenue growth: -12.5% YoY
- • ROE: 3.7%
- • RSI: 28
- • MACD: bearish
Key risks
- • Elevated volatility / drawdown profile — size positions accordingly
- • Momentum is fading versus the broader market
- • Revenue growth: -12.5% YoY
- • ROE: 3.7%
Algorithmic analysis for research only — not SEBI-registered investment advice.
Trade Plan
Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹2.30). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.