Aban Offshore Ltd Sees Surge in Trading Activity and Investor Interest

Jun 11 2025 11:00 AM IST
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Aban Offshore Ltd, a microcap in the oil industry, reached its upper circuit limit today with significant trading activity, including a high of Rs 57.82 and a turnover of approximately Rs 2.63 crore. The stock has shown consistent gains over the past six days, reflecting strong market interest and positive momentum.
Aban Offshore Ltd, a microcap player in the oil industry, has shown remarkable activity today, hitting its upper circuit limit with an intraday high of Rs 57.82, reflecting a significant increase of 9.99%. The stock experienced a change of Rs 3.78, translating to a percentage increase of 7.19%.

Trading volume was robust, with a total of 4.65 lakh shares exchanged, resulting in a turnover of approximately Rs 2.63 crore. The last traded price stood at Rs 56.35, indicating strong market interest. Notably, Aban Offshore has outperformed its sector by 5.92% and has been on a positive trajectory, gaining for six consecutive days with a total return of 22% during this period.

The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a solid upward trend. Additionally, delivery volume has surged by 504.73% compared to the 5-day average, indicating rising investor participation. Overall, Aban Offshore's performance today highlights its strong market position and positive momentum within the oil sector.
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