M/s. MNGL, a Joint venture of BPCL, GAIL& Maharashtra Government, the City Gas Distribution Company involved in distribution of CNG & PNG in Pune city has awarded M/s. Confidence Petroleum India Limited, the first MRU (Mobile Refueling Unit) for distribution of CNG in Pune city areas like Hinjewadi, Talegaon etc.
This unique concept has been implemented for the first time in India where customers of CNG will avail this facility at their doorstep. By implementation of this concept the reach of CNG will be far better and waiting time at fueling stations will be minimized considerably. Confidence Petroleum India Limited, is confident to implement this concept in various states of India with the association of PSU oil companies and Gas Distribution companies like BPCL, GAIL and other. This will be an added feather in the cap of our company.
Shares of CONFIDENCE PETROLEUM INDIA LTD. was last trading in BSE at Rs.27.8 as compared to the previous close of Rs. 26.6. The total number of shares traded during the day was 179624 in over 418 trades.
The stock hit an intraday high of Rs. 28 and intraday low of 26.7. The net turnover during the day was Rs. 4944142.