Confidence Petroleum India has reached a new 52-week low, reflecting a notable decline in its stock performance. The company has struggled over the past year, underperforming its sector, yet it maintains a strong capacity to service its debt and has shown healthy long-term growth in net sales and profit.

Confidence Petroleum India has reached a new 52-week low, hitting Rs. 42.94 on October 9, 2025. This marks a significant decline for the small-cap gas company, which has underperformed its sector by 3.81% today. Over the past two days, the stock has seen a consecutive fall, resulting in a total decline of 7.74%. The intraday low of Rs. 42.94 reflects a drop of 4.02% from the previous close.
In terms of moving averages, Confidence Petroleum is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. The company’s performance over the past year has been notably poor, with a decline of 47.68%, contrasting sharply with the Sensex, which has gained 0.28% during the same period.

Despite these challenges, the company maintains a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.80 times. Additionally, it has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 31.33%. The latest financial results show a significant rise in profit after tax, further highlighting the company’s potential amidst current market conditions.