DSIJ Mindshare

A company that has orchestrated a wealth crescendo for its shareholders, with its stock price soaring over 650 per cent in the last three years and delivering multibagger returns.

This strategic partnership isn't merely confined to operational synergies; it's underpinned by a substantial financial commitment, with BW LPG injecting USD 30 million into Confidence Petroleum through preferential equity allotment, bolstering the latter's capacity to expand its LPG downstream assets.

Investment in this scheme is accessible to all, with a minimum SIP amount set at Rs 500, making it inclusive and appealing to a broad spectrum of investors. Delving deeper into its asset allocation, as of January 31, 2024, the fund has strategically allocated 93.43 per cent of its assets in equity, with the remaining 6.57 per cent parked in cash and cash equivalents.

Meanwhile, domestic market attention is focused on 29 stocks transitioning out of the Enhanced Surveillance Measure (ESM) Framework effective February 19, 2024, as per a circular from the BSE.

With a book value of Rs 1.88 per share, stock currently trades at a mere 0.70 times its book value, further enhancing its allure. Additionally, the company boasts nearly zero debt, adding to its appeal