Confidence Petroleum India Ltd
NSE:CONFIPET
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During the last 3 months Confidence Petroleum India Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 77% over this period (open performance analysis).
The last transaction was made on
Mar 14, 2021
by
Essenn Lpg Bottling Private Limited
, who
bought
296.6m INR
worth of 
CONFIPET shares.
During the last 3 months Confidence Petroleum India Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 77% over this period (open performance analysis).
The last transaction was made on
Mar 14, 2021
by
Essenn Lpg Bottling Private Limited
, who
bought
296.6m INR
worth of CONFIPET shares.
Confidence Petroleum India Ltd
Glance View
Confidence Petroleum India Ltd. engages in the manufacture and marketing of liquefied petroleum gas (LPG) cylinders. The company is headquartered in Nagpur, Maharashtra. The firm's segments include Cylinder Division and LPG Division. The Cylinder Division includes production and marketing operations of LPG / compressed natural gas (CNG) cylinders. The LPG Division includes LPG marketing and bottling business and others. The company provides a range of high-pressure cylinders for various applications, such as medical oxygen, industrial gases, nitrogen cylinders, and cylinders for other hi-pressure gases. Its GoGas Elite composite cylinders are available in varying sizes, such as 2 kilograms (kg), 5kg, 10kg and 20kg. The company is a supplier of auto LPG in India with its network of bottling plants and auto LPG dispensing stations (ALDS) across India, into Parallel LPG market by the name of pack cylinder division with GO GAS as its brand, into selling LPG to both domestic and commercial users.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
