CO

CONFIPET.BO

$88.21
Sharia status
COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 0.86%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No active setup right now. The technical picture doesn't show a clear edge — check back when the trend or momentum shifts.

Confidence Petroleum India Limited (CONFIPET.BO) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

Market & analysts
Institutional own.
0.4%
of shares
COMPLIANT
Sharia compliance
0.86%
Non-permissible income — HTR, from filings (2025-03-31)
0.4%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. CONFIPET.BO files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Pass

RatioValueThresholdResult
Interest-bearing debt 39.37% 30.00% Fail
Interest-bearing investments 13.14% 30.00% Pass
Non-permissible income 0.86% 5.00% Pass

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 37.28% 33.00% Fail
Interest-bearing investments 12.44% 33.00% Pass
Non-liquid assets 79.56% at least 20.00% Pass
Non-permissible income 0.86% 5.00% Pass

MSCI Pass

RatioValueThresholdResult
Interest-bearing debt 37.28% 33.33% Fail
Cash + interest-bearing securities 12.44% 33.33% Pass
Accounts receivable 20.44% 33.33% Pass
Non-permissible income 0.86% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 37.28% 33.33% Fail
Cash + interest-bearing securities 12.44% 33.33% Pass
Accounts receivable 20.44% 50.00% Pass
Non-permissible income 0.86% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 60.66% 33.00% Fail
Cash + interest-bearing securities 20.25% 33.00% Pass
Accounts receivable 13.02% 33.00% Pass
Non-permissible income 0.86% 5.00% Pass

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 53.91% 33.00% Fail
Cash + interest-bearing securities 17.99% 49.00% Pass
Accounts receivable 11.57% 49.00% Pass
Non-permissible income 0.86% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 53.91% 33.33% Fail
Cash + interest-bearing securities 17.99% 33.33% Pass
Accounts receivable 29.56% 49.00% Pass
Non-permissible income 0.86% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

90.4875.0759.6544.2428.822025-09-112026-03-132026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
77.42
S2
80.31
S1
85.40
PIVOT
88.29
R1
93.38
R2
96.27
R3
101.36

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
71.8534 93.3066
±12.99% from 82.58, made 2026-09-02 · resolves 2026-09-09
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21812 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG BUY
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG BUY
12 buy · 0 neutral · 0 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)64.50NEUTRAL
Stochastic %K (14)85.23SELL
CCI (20)142.41SELL
Williams %R (14)-14.77SELL
MACD (12,26,9)1.14BUY
ROC (10)10.69BUY
Momentum (10)8.52BUY
EMA (10)83.59BUY
SMA (10)83.14BUY
EMA (20)80.97BUY
SMA (20)78.47BUY
EMA (30)79.52BUY
SMA (30)79.01BUY
EMA (50)77.02BUY
SMA (50)77.44BUY
EMA (100)70.41BUY
SMA (100)71.26BUY
EMA (200)58.05BUY
SMA (200)54.00BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Confidence Petroleum India Limited

Energy · Oil & Gas Refining & Marketing

Confidence Petroleum India Limited manufactures and sells liquefied petroleum gas (LPG) cylinders in India. It operates in Cylinder and LPG divisions. The company is involved in the production and marketing of LPG and compressed natural gas cylinders. It also engages in the LPG marketing and bottling business, as well as logistic business. The company sells its products under the GO GAS brand. The company was formerly known as Devarsa Gas-Chem Ltd. and changed its name to Confidence Petroleum India Limited in February 2006. The company was founded in 1993 and is based in Nagpur, India.

confidencegroup.co ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.