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Shares of Confidence Petroleum India may remain in focus, as the NSE has approved listing of the company’s shares on it. The NSE will admit the listing of shares from Thursday (June 13). This will come as a big boost for the shareholders as the listing on the NSE will enhance liquidity in the counter.
Currently, the stock is listed only on the BSE. For the fiscal ended 2019, Confidence Petroleum had reported a net profit of ₹59.06 crore on revenues of ₹873.34 crore.
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