Continental Petroleums
93.48
+0.90(+0.97%)
Market Cap₹88.55 Cr
PE Ratio25.43
Company Performance:
1D+0.97%
1M-13.92%
6M-26.74%
1Y-22.26%
5Y+392.00%
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More news about Continental Petroleums
23Jun 25
Continental Petroleums to Acquire Stake in Unique Tech Associates for ₹71.5 Crore
Continental Petroleums Ltd has announced plans to acquire 24,999 shares of Unique Tech Associates Pvt. Ltd for a total consideration of ₹71.5 crore. This strategic move aims to expand Continental Petroleums' portfolio, potentially diversifying its business interests or strengthening its market position. The specific reasons for the acquisition and its financial implications have not been disclosed.
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03Jun 25
Continental to Exit Truck and Bus Radial Tyre Business in India
Continental, a major tyre manufacturer, has decided to discontinue its truck and bus radial tyre business in India. This move is expected to impact the commercial vehicle tyre segment in the country. The exit could reshape market dynamics, potentially creating opportunities for other players to expand their market share. While reasons for the decision are not specified, it suggests a strategic shift in Continental's focus in the Indian market.
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21May 25
Continental Petroleums Reports 76% Drop in Q4 Profit Amid Market Challenges
Continental Petroleums experienced a significant 76% year-over-year decline in Q4 net profit to Rs 34.00 lakh, despite an operating income of Rs 26.86 crore. The company cited price fluctuations, softer export demand, and tariff pressures as key factors. However, full fiscal year results showed resilience with a 57.88% increase in Profit After Tax to Rs 4.31 crore and operating income of Rs 112.91 crore.
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Continental Petroleums
93.48
+0.90
(+0.97%)
1 Year Returns:-22.26%
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