The scope of the contract involves supply of 450 units of CNG type-I CNG mobile/stationary cascades for BPCL CGD projects.

Confidence Petroleum India is a vertically integrated company. It is engaged in LPG cylinder manufacturing, LPG bottling & blending, packed LPG marketing and auto LPG dispensing stations.

The company's consolidated net profit rose 34% to Rs 32.32 crore on a 38.61% increase in sales to Rs 638.52 crore in Q2 FY24 as compared with Q2 FY23.

The scrip rose 0.14% to currently trade at Rs 91.01 on the BSE.