{
  "main_header": {
    "sid": 179596,
    "name": "Aban Offshore",
    "stock_name": "Aban Offshore",
    "full_name": "Aban Offshore Ltd",
    "name_url": "stocks-analysis/aban-offshore",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "38.05",
    "chg": -0.35,
    "chgp": "-0.91%",
    "dir": -1,
    "prev_price": "38.40",
    "mcapval": "222.08 Cr",
    "mcap": "Micro Cap",
    "scripcode": 523204,
    "symbol": "ABAN",
    "ind_name": "Oil Exploration/Refineries",
    "ind_code": 34,
    "isin": "INE421A01028",
    "curr_date": "Apr 11, 12:53 PM",
    "curr_time": "01:19 AM",
    "bse_nse_vol": "16.29 k",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://sandbox-www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/aban-offshore-179596-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Aban Offshore Ltd Sees Increased Trading Activity Amid Market Fluctuations",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/aban-offshore-ltd-stock-hits-upper-circuit-limit-at-high-price-of-rs-40-68-1694225",
        "imagepath": "",
        "date": "2025-04-03 10:00:13",
        "description": "Aban Offshore Ltd, a microcap company in the oil exploration and refineries sector, has experienced significant trading activity today, hitting its upper circuit limit with a high price of Rs 40.68. The stock opened lower, reflecting a loss of 3.52%, but managed to recover, closing at Rs 39.5, marking a change of Rs 0.75 or 1.94%. \n\nThroughout the trading session, Aban Offshore recorded a total traded volume of approximately 1.91 lakh shares, resulting in a turnover of Rs 0.77 crore. The stock's performance today aligns with sector trends, despite a recent trend reversal after four consecutive days of gains. \n\nThe stock's intraday low was noted at Rs 39.3, while it maintained a position above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Notably, delivery volume has increased by 25.21% compared to the 5-day average, indicating rising invest..."
      },
      {
        "title": "Aban Offshore Hits Upper Circuit Limit Amid Strong Market Performance and Resilience",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/aban-offshore-ltd-stock-hits-upper-circuit-limit-with-intraday-high-of-rs-40-68-1672778",
        "imagepath": "",
        "date": "2025-04-02 10:00:10",
        "description": "Aban Offshore Ltd, a microcap company in the Oil Exploration and Refineries sector, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 40.68, reflecting a notable gain of 4.98% from its opening price. The last traded price stands at Rs 38.75, marking an absolute change of 1.84 and a percentage change of 4.99%.\n\nThroughout the trading session, Aban Offshore demonstrated strong performance metrics, outperforming its sector by 5.33%. The stock has been on a positive trajectory, gaining for the last four consecutive days and accumulating a total return of 10.57% during this period. Despite a decrease in delivery volume, which fell by 86.48% compared to the five-day average, the stock remains liquid enough for trading activities.\n\nThe total traded volume today was approximately 0.42957 lakh shares, resulting in a turnover of Rs 0.1652 crore. Overall, ..."
      },
      {
        "title": "Aban Offshore Ltd Experiences Strong Buying Activity Amid Positive Market Sentiment",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/aban-offshore-ltd-gains-4-99-marks-third-consecutive-day-of-price-increases-1671893",
        "imagepath": "",
        "date": "2025-04-02 09:35:11",
        "description": "Aban Offshore Ltd is currently witnessing significant buying activity, with the stock gaining 4.99% today, outperforming the Sensex, which rose by only 0.54%. Over the past three days, Aban Offshore has shown a consecutive gain of 10.72%, indicating a positive trend in buyer sentiment. The stock opened with a gap up at Rs 40.58 and reached an intraday high of the same price, reflecting strong demand.\n\nIn terms of performance relative to the Sensex, Aban Offshore's one-week performance stands at 9.26%, contrasting with the Sensex's decline of 1.11%. However, the stock has faced challenges over longer periods, with a year-to-date decline of 35.95% compared to the Sensex's drop of 2.18%. \n\nFactors contributing to the current buying pressure may include recent developments in the oil exploration sector, potential operational improvements, or market sentiment favoring microcap stocks. Notably, the stock is tradi..."
      },
      {
        "title": "Aban Offshore Shows Resilience with Strong Performance Amid Broader Market Decline",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/aban-offshore-stock-hits-upper-circuit-limit-with-intraday-high-of-rs-38-75-1659547",
        "imagepath": "",
        "date": "2025-04-01 11:00:06",
        "description": "Aban Offshore Ltd, a microcap company in the oil exploration and refineries sector, has experienced significant activity today, hitting its upper circuit limit with an intraday high of Rs 38.75, reflecting a 4.99% increase. The stock's last traded price also stands at Rs 38.75, marking a change of Rs 1.84. \n\nThe stock opened with a notable gain of 2.95% and has shown consistent performance over the past three days, accumulating a total return of 5.33% during this period. In terms of trading volume, Aban Offshore recorded a total traded volume of approximately 0.27297 lakh shares, resulting in a turnover of Rs 0.1045 crore. \n\nDespite a decline in delivery volume, which fell by 61.33% compared to the five-day average, the stock remains liquid enough for trades of Rs 0.02 crore based on 2% of the five-day average traded value. \n\nOverall, Aban Offshore has outperformed its sector by 5.48% today, while the broad..."
      },
      {
        "title": "Aban Offshore Ltd Sees Notable Price Surge Amid Broader Market Decline",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/aban-offshore-ltd-surges-5-46-today-amid-broader-market-decline-hits-intraday-high-1657556",
        "imagepath": "",
        "date": "2025-04-01 10:15:12",
        "description": "Aban Offshore Ltd is currently witnessing significant buying activity, with a notable 5.46% increase in its stock price today, contrasting sharply with the Sensex, which has declined by 0.70%. This performance marks a positive shift for the microcap company, especially considering its recent struggles over the past month, where it has seen a decline of 5.27% compared to the Sensex's gain of 5.28%.\n\nIn terms of price summary, Aban Offshore opened with a gap up, indicating strong initial buyer interest. The stock's intraday high reflects this momentum, although specific figures were not provided. Over the past week, the stock has shown a modest gain of 0.34%, while the Sensex has increased by 0.20%.\n\nDespite the current buying pressure, Aban Offshore's longer-term performance remains mixed. Over the past three months, the stock has decreased by 38.01%, while the Sensex has only fallen by 2.08%. Factors contri..."
      },
      {
        "title": "Aban Offshore Faces Financial Struggles Amid Broader Market Recovery Trends",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/aban-offshore-hits-new-52-week-low-amid-ongoing-stock-decline-and-financial-struggles-1621652",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/AbanOffshore_priceRelatedfactors_817150.png",
        "date": "2025-03-27 09:46:04",
        "description": "Aban Offshore, a microcap in the oil sector, has hit a new 52-week low amid ongoing volatility. The company faces challenges with declining net sales, stagnant operating profits, and a concerning debt situation. Its performance significantly lags behind the broader market, reflecting ongoing financial difficulties."
      },
      {
        "title": "Aban Offshore Faces Continued Decline Amid Broader Market Resilience and Financial Concerns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/aban-offshore-hits-new-52-week-low-amid-ongoing-decline-and-poor-performance-1621801",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/AbanOffshore_priceRelatedfactors_817151.png",
        "date": "2025-03-27 09:45:58",
        "description": "Aban Offshore, a microcap in the oil sector, has hit a new 52-week low, continuing a four-day decline. The stock underperformed its sector and is trading below all key moving averages. Over the past year, it has declined significantly, raising concerns about its financial health and long-term fundamentals."
      },
      {
        "title": "Aban Offshore Faces Continued Decline Amid Broader Market Weakness and Financial Concerns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/aban-offshore-hits-new-52-week-low-amid-ongoing-financial-struggles-1607726",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/AbanOffshore_priceRelatedfactors_810849.png",
        "date": "2025-03-26 14:35:29",
        "description": "Aban Offshore, a microcap in the oil sector, has faced notable volatility, reaching a new 52-week low. The stock has underperformed its sector and shows a significant decline over the past year. Financial indicators reveal a negative book value and high debt, raising concerns about its long-term viability."
      },
      {
        "title": "Aban Offshore Ltd Experiences Surge in Investor Participation Amid Positive Market Sentiment",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/aban-offshore-ltd-stock-hits-upper-circuit-limit-with-intraday-high-of-rs-41-1-1500826",
        "imagepath": "",
        "date": "2025-03-20 11:00:04",
        "description": "Aban Offshore Ltd, a microcap company in the oil exploration and refineries sector, has shown significant activity today, hitting its upper circuit limit with an intraday high of Rs 41.1, reflecting a 4.98% increase. The stock's last traded price (LTP) stands at Rs 40.39, marking a change of Rs 1.24 or 3.17% for the day. \n\nThe stock has outperformed its sector by 2.44%, continuing a positive trend with gains over the last two days, accumulating a total return of 6.26% during this period. The total traded volume reached approximately 0.42733 lakh shares, with a turnover of Rs 0.1717 crore. \n\nDespite the stock trading below its 50-day, 100-day, and 200-day moving averages, it remains above the 5-day and 20-day averages, indicating a mixed performance in the short term. Notably, delivery volume has surged by 115.4% compared to the 5-day average, suggesting increased investor participation. \n\nOverall, Aban Offs..."
      }
    ],
    "total": 28,
    "sid": "179596",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/aban-offshore-179596"
  },
  "announcements": [
    {
      "caption": "Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A",
      "datetime": "04-Apr-2025",
      "details": "<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Aban Offshore Ltd</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L01119TN1986PLC013473</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>281.00</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>D</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>CARE RATINGS LIMITED</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>BSE</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: SN BALAJI <br/> Designation: DY GENERAL MANAGER LEGAL AND SECRETARY <br/> EmailId: balajisn@aban.com</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: NARAYAN VENKAT RAMANAN <br/> Designation: CHIEF FINANCIAL OFFICER <br/> EmailId: venkatnvr@aban.com</div> </div> <div> <br/> Date: 04/04/2025<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>",
      "source": "BSE"
    },
    {
      "caption": "Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount For Loans Including Revolving Facilities Like Cash Credit From Banks / Financial Institutions",
      "datetime": "04-Apr-2025",
      "details": "Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks / financial institutions",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)",
      "datetime": "01-Apr-2025",
      "details": "Intimation of resignation of Deputy Managing Director and CFO Effective 31st March 2025.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Aban Offshore Ltd has declared <strong>180%</strong> dividend, ex-date: 14 Sep 15",
          "dt": "2015-09-14",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Aban Offshore Ltd Sees Increased Trading Activity Amid Market Fluctuations

2025-04-03 10:00:13

Aban Offshore Ltd, a microcap company in the oil exploration and refineries sector, has experienced significant trading activity today, hitting its upper circuit limit with a high price of Rs 40.68. The stock opened lower, reflecting a loss of 3.52%, but managed to recover, closing at Rs 39.5, marking a change of Rs 0.75 or 1.94%. Throughout the trading session, Aban Offshore recorded a total traded volume of approximately 1.91 lakh shares, resulting in a turnover of Rs 0.77 crore. The stock's performance today aligns with sector trends, despite a recent trend reversal after four consecutive days of gains. The stock's intraday low was noted at Rs 39.3, while it maintained a position above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Notably, delivery volume has increased by 25.21% compared to the 5-day average, indicating rising invest...

Read More

Aban Offshore Hits Upper Circuit Limit Amid Strong Market Performance and Resilience

2025-04-02 10:00:10

Aban Offshore Ltd, a microcap company in the Oil Exploration and Refineries sector, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 40.68, reflecting a notable gain of 4.98% from its opening price. The last traded price stands at Rs 38.75, marking an absolute change of 1.84 and a percentage change of 4.99%. Throughout the trading session, Aban Offshore demonstrated strong performance metrics, outperforming its sector by 5.33%. The stock has been on a positive trajectory, gaining for the last four consecutive days and accumulating a total return of 10.57% during this period. Despite a decrease in delivery volume, which fell by 86.48% compared to the five-day average, the stock remains liquid enough for trading activities. The total traded volume today was approximately 0.42957 lakh shares, resulting in a turnover of Rs 0.1652 crore. Overall, ...

Read More

Aban Offshore Ltd Experiences Strong Buying Activity Amid Positive Market Sentiment

2025-04-02 09:35:11

Aban Offshore Ltd is currently witnessing significant buying activity, with the stock gaining 4.99% today, outperforming the Sensex, which rose by only 0.54%. Over the past three days, Aban Offshore has shown a consecutive gain of 10.72%, indicating a positive trend in buyer sentiment. The stock opened with a gap up at Rs 40.58 and reached an intraday high of the same price, reflecting strong demand. In terms of performance relative to the Sensex, Aban Offshore's one-week performance stands at 9.26%, contrasting with the Sensex's decline of 1.11%. However, the stock has faced challenges over longer periods, with a year-to-date decline of 35.95% compared to the Sensex's drop of 2.18%. Factors contributing to the current buying pressure may include recent developments in the oil exploration sector, potential operational improvements, or market sentiment favoring microcap stocks. Notably, the stock is tradi...

Read More

Aban Offshore Shows Resilience with Strong Performance Amid Broader Market Decline

2025-04-01 11:00:06

Aban Offshore Ltd, a microcap company in the oil exploration and refineries sector, has experienced significant activity today, hitting its upper circuit limit with an intraday high of Rs 38.75, reflecting a 4.99% increase. The stock's last traded price also stands at Rs 38.75, marking a change of Rs 1.84. The stock opened with a notable gain of 2.95% and has shown consistent performance over the past three days, accumulating a total return of 5.33% during this period. In terms of trading volume, Aban Offshore recorded a total traded volume of approximately 0.27297 lakh shares, resulting in a turnover of Rs 0.1045 crore. Despite a decline in delivery volume, which fell by 61.33% compared to the five-day average, the stock remains liquid enough for trades of Rs 0.02 crore based on 2% of the five-day average traded value. Overall, Aban Offshore has outperformed its sector by 5.48% today, while the broad...

Read More

Aban Offshore Ltd Sees Notable Price Surge Amid Broader Market Decline

2025-04-01 10:15:12

Aban Offshore Ltd is currently witnessing significant buying activity, with a notable 5.46% increase in its stock price today, contrasting sharply with the Sensex, which has declined by 0.70%. This performance marks a positive shift for the microcap company, especially considering its recent struggles over the past month, where it has seen a decline of 5.27% compared to the Sensex's gain of 5.28%. In terms of price summary, Aban Offshore opened with a gap up, indicating strong initial buyer interest. The stock's intraday high reflects this momentum, although specific figures were not provided. Over the past week, the stock has shown a modest gain of 0.34%, while the Sensex has increased by 0.20%. Despite the current buying pressure, Aban Offshore's longer-term performance remains mixed. Over the past three months, the stock has decreased by 38.01%, while the Sensex has only fallen by 2.08%. Factors contri...

Read More

Aban Offshore Faces Financial Struggles Amid Broader Market Recovery Trends

2025-03-27 09:46:04

Aban Offshore, a microcap in the oil sector, has hit a new 52-week low amid ongoing volatility. The company faces challenges with declining net sales, stagnant operating profits, and a concerning debt situation. Its performance significantly lags behind the broader market, reflecting ongoing financial difficulties.

Read More

Aban Offshore Faces Continued Decline Amid Broader Market Resilience and Financial Concerns

2025-03-27 09:45:58

Aban Offshore, a microcap in the oil sector, has hit a new 52-week low, continuing a four-day decline. The stock underperformed its sector and is trading below all key moving averages. Over the past year, it has declined significantly, raising concerns about its financial health and long-term fundamentals.

Read More

Aban Offshore Faces Continued Decline Amid Broader Market Weakness and Financial Concerns

2025-03-26 14:35:29

Aban Offshore, a microcap in the oil sector, has faced notable volatility, reaching a new 52-week low. The stock has underperformed its sector and shows a significant decline over the past year. Financial indicators reveal a negative book value and high debt, raising concerns about its long-term viability.

Read More

Aban Offshore Ltd Experiences Surge in Investor Participation Amid Positive Market Sentiment

2025-03-20 11:00:04

Aban Offshore Ltd, a microcap company in the oil exploration and refineries sector, has shown significant activity today, hitting its upper circuit limit with an intraday high of Rs 41.1, reflecting a 4.98% increase. The stock's last traded price (LTP) stands at Rs 40.39, marking a change of Rs 1.24 or 3.17% for the day. The stock has outperformed its sector by 2.44%, continuing a positive trend with gains over the last two days, accumulating a total return of 6.26% during this period. The total traded volume reached approximately 0.42733 lakh shares, with a turnover of Rs 0.1717 crore. Despite the stock trading below its 50-day, 100-day, and 200-day moving averages, it remains above the 5-day and 20-day averages, indicating a mixed performance in the short term. Notably, delivery volume has surged by 115.4% compared to the 5-day average, suggesting increased investor participation. Overall, Aban Offs...

Read More

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