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

Apr 02 2025 10:00 AM IST
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Aban Offshore Ltd, a microcap in the Oil Exploration and Refineries sector, reached its upper circuit limit today, achieving an intraday high and notable gains. The stock has shown consistent performance over the past four days, despite a significant drop in delivery volume, indicating strong market activity.
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, Aban Offshore's performance today highlights its resilience in the market, with a strong upward movement and solid trading metrics.
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