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Confidence Gets a Boost—Big-Ticket Order Fuels Growth Trajectory

Updated: June 23, 2025 11:02

Image Source: www.cfel.co.ir_n

Confidence Futuristic Energetech Ltd (CNFI.BO) announced that its one of the divisions has secured a new order worth ₹324.5 million, strengthening its momentum in the clean energy and industrial gas solutions business. The order will be completed over the next several quarters and add to the company's growing pipeline of CNG and industrial cylinder orders.

1. Market Reaction & Stock Snapshot

On June 20, 2025, the company's stock is ₹76.40, a 2.3% rise from the previous close.
The stock has traded in a 52-week high-low price range of ₹58.12 to ₹119 with a market capitalization of approximately ₹191 crore.
The trading volume remains moderate with investor sentiment underpinned by the order and consistent revenue growth.

2. Financial Performance & Outlook

For FY25, the company recorded revenue of ₹249 crore and net profit of ₹10 crore, with an ROE of 6.92%.
The order is expected to contribute to topline growth during FY26 and drive the company's leadership in the CNG and clean energy logistics business.

Confidence Futuristic is also looking for further growth in Southeast Asia and the Middle East as part of its long-term growth plan pegged to sector trends and opportunities.

Sources: Screener, Moneycontrol, Value Research

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