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Aban Offshore Ltd Share Price (ABAN)

₹71.251.86%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Aban Offshore Ltd share Performance

  • ₹70
    ₹72.8
    ₹71.25
    downward going graph

    1.75%

    Low

    Day's Volatility:3.93%

    High

    2.18%

    downward going graph
  • ₹37.5
    ₹93.35
    ₹71.25
    downward going graph

    47.37%

    Low

    52 Weeks Volatility:78.39%

    High

    31.02%

    downward going graph
1 Month Return36.35 %
3 Month Return21.13 %
1 Year Return82.4 %
Previous Close₹69.95
Open₹70.20
Volume2.35L
Upper Circuit-
Lower Circuit-
Market Cap₹408.27Cr

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: ₹71.25 per share as on 23 Apr, 2024 04:01 PM
Market Capitalisation: ₹408.27Cr as of today
Revenue: ₹94.29Cr as on December 2023 (Q4 23)
Net Profit: ₹-326.52Cr as on December 2023 (Q4 23)
Listing date: 13 Jan, 1995
Chairperson Name: Pejavar Murari
OrganisationAban Offshore Ltd
Headquarters
IndustryCrude Oil & Natural Gas
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Key events for Aban Offshore Ltd

  • Aban Offshore Shares Retrace 27% in a Month - 15 Mar, 2024

    Shares of Aban Offshore have retraced by 27% in the last month, reversing some of their recent gains. Despite this poor performance, the stock is still up 51% over the past year. However, revenue has deteriorated at the company, which may be contributing to its low P/S ratio. Investors who are bullish on Aban Offshore hope that it will avoid underperforming the industry and present an opportunity for investment.

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

    Price Rise

    img

    In the last 7 days, ABAN stock has moved up by 9.1%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 75.03 Cr → 106.47 Cr (in ₹), with an average increase of 29.5% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.09% to 0.43% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Drilling & Industries Ltd has given 144.8% return, outperforming this stock by 62.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jindal Drilling & Industries Ltd has given 763.8% return, outperforming this stock by 619.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 46.00% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, -317.71 Cr → -326.79 Cr (in ₹), with an average decrease of 2.9% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 52.19% to 51.86% in Mar 2024 quarter

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
46%
0.00
Foreign Institutions
0.43%
0.00
Mutual Funds
0%
0.00
Retail Investors
51.86%
0.00
Others
1.71%
0.00

Technicals of Aban Offshore Ltd share

News & Events of Aban Offshore Ltd

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Aban Offshore Ltd (ABAN) share price today is ₹71.25

Aban Offshore Ltd is listed on NSE

Aban Offshore Ltd is listed on BSE

  • Today’s highest price of Aban Offshore Ltd is ₹72.8.
  • Today’s lowest price of Aban Offshore Ltd is ₹70.

Today’s traded volume of Aban Offshore Ltd(ABAN) is 2.35L.

Today’s market capitalisation of Aban Offshore Ltd(ABAN) is ₹408.27Cr.

Aban Offshore Ltd(ABANPrice
52 Week High
₹93.35
52 Week Low
₹37.5

Aban Offshore Ltd(ABAN) share price is ₹71.25. It is down -23.67% from its 52 Week High price of ₹93.35

Aban Offshore Ltd(ABAN) share price is ₹71.25. It is up 90.00% from its 52 Week Low price of ₹37.5

Aban Offshore Ltd(ABANReturns
1 Day Returns
1.3%
1 Month Returns
36.35%
3 Month Returns
21.13%
1 Year Returns
82.4%