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Aban Offshore Ltd Share Price (ABAN)

₹44.85.49%

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Overview
Fundamentals
Q1 '23 Results
Technicals
News and Events

Overview of Aban Offshore Ltd

Aban Offshore Ltd share Performance

  • ₹44.75
    ₹44.8
    ₹44.8
    downward going graph

    0.11%

    Downside

    Day's Volatility:0.11%

  • ₹31.4
    ₹56.6
    ₹44.8
    downward going graph

    29.91%

    Downside

    52 Weeks Volatility:56.25%

    Upside

    26.34%

    downward going graph
1 Month Return-0.84 %
3 Month Return17.18 %
1 Year Return-7.24 %
Previous Close₹47.40
Open₹44.75
Volume2.27L
Market Cap₹276.65Cr

Aban Offshore Ltd Company Information

Aban Offshore Limited (AOL), established in 1986, is a leading provider of world-class offshore oil field services and ISO 9001:2000 accredited. It started out with two imported jackup drilling rigs, AbanI and AbanII, for ONGC. In 1989, it received its first manning and management contract from ONGC for Sagar Uday and the company diversified by entering oil-related areas. Over the years, it added more and more services to its portfolio, resulting in an extensive range of offerings for offshore exploration and production of hydrocarbons in India and abroad. AOL also ventured into the FPSO business with the FPU Tahara, acquired from Hitech Drilling Services India Ltd, part of the Tata Group. In the year 2005, the company grew to four rigs with a drillship Frontier Ice and two jackup rigs, Aban V and Aban VI. For international expansion, AOL set up Aban Singapore Pte Ltd. (ASPL) in November of the same year, which subsequently acquired a 33.7% stake in Sinvest ASA. The company received contracts for deployment in West Coast of India and Qatar Shipping for disinvestments programme, and also set up a 3-million-tons-per-annum capacity petroleum refinery and a 2 MW wind power plant. It was registered for ISO 9001:2000 by KPMG and also took delivery of several rigs including Aban Pearl and Deep Driller 5. During 2014-15 it issued 5697135 EquityShares of Rs. 2/ each and also entered into contracts with Chevron Offshore Thailand Limited and Exxon Neftegas Limited. In 2018, Caldera Petroleum UK Ltd. became a step-down subsidiary of the company. With its vision for achievement through innovation, Aban Offshore Limited is at the forefront of the fiercely competitive business environment with its world-class services and skilled team of professionals.

Share Price: ₹44.80 per share as on 04 Oct, 2023 02:20 PM
Market Capitalisation: ₹276.65Cr as of today
Revenue: ₹93.38Cr as on March 2023 (Q1 23)
Net Profit: ₹-380.59Cr as on March 2023 (Q1 23)
Listing date: 13 Jan, 1995
Chairperson Name: P Murari
OrganisationAban Offshore Ltd
Headquarters
IndustryCrude Oil & Natural Gas
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Fundamentals of Aban Offshore Ltd

Insights on Aban Offshore Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up
    img

    Retail Investor have increased holdings from 51.97% to 52.02% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich
    img

    Revenue is up for the last 2 quarters, 90.36 Cr → 93.38 Cr (in ₹), with an average increase of 3.2% per quarter

  • imgNO EFFECT

    Against Peers
    img

    In the last 3 years, Jindal Drilling & Industries Ltd has given 742.6% return, outperforming this stock by 644.3%

  • imgNO EFFECT

    Promoter Holding Unchanged
    img

    Promoters holdings remained unchanged at 46.00% of holdings in Jun 2023 quarter

  • imgNO EFFECT

    Against Peers
    img

    In the last 1 year, Jindal Drilling & Industries Ltd has given 154.3% return, outperforming this stock by 161.5%

  • imgNEGATIVE IMPACT

    Profit Down
    img

    Netprofit is down for the last 3 quarters, -207.53 Cr → -380.59 Cr (in ₹), with an average decrease of 35.5% per quarter

  • imgNEGATIVE IMPACT

    Price Dip
    img

    In the last 1 year, ABAN stock has moved down by -7.2%

  • imgNEGATIVE IMPACT

    FII Holding Down
    img

    Foreign Institutions have decreased holdings from 0.17% to 0.12% in Jun 2023 quarter

Aban Offshore Ltd Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
46%
0.00
Foreign Institutions
0.12%
-26.85
Mutual Funds
0%
0.00
Retail Investors
52.02%
0.09
Others
1.86%
0.01

Technicals of Aban Offshore Ltd share

News & Events of Aban Offshore Ltd

Frequently Asked Questions

Aban Offshore Ltd (ABAN) share price today is ₹44.8

  • Today’s highest price of Aban Offshore Ltd is ₹44.8.
  • Today’s lowest price of Aban Offshore Ltd is ₹44.75.

Today’s traded volume of Aban Offshore Ltd(ABAN) is 2.27L.

Today’s market capitalisation of Aban Offshore Ltd(ABAN) is ₹276.65Cr.

Aban Offshore Ltd(ABANPrice
52 Week High
₹56.6
52 Week Low
₹31.4

Aban Offshore Ltd(ABAN) share price is ₹44.8. It is down -20.85% from its 52 Week High price of ₹56.6

Aban Offshore Ltd(ABAN) share price is ₹44.8. It is up 42.68% from its 52 Week Low price of ₹31.4

Aban Offshore Ltd(ABANReturns
1 Day Returns
-2.6%
1 Month Returns
-0.84%
3 Month Returns
17.18%
1 Year Returns
-7.24%