Dolphin Offshore Enterprises Faces Intense Selling Pressure Amid Significant Price Declines

May 08 2025 11:25 AM IST
share
Share Via
Dolphin Offshore Enterprises (India) Ltd is experiencing notable selling pressure, with the stock declining over the past two days. Despite a recent monthly surge, its year-to-date performance shows a significant decline. The stock is trading above some moving averages but below others, indicating a potential shift in market sentiment.
Dolphin Offshore Enterprises (India) Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses over the past two days, declining by 3.94%. Today, it reported a performance drop of 1.99%, underperforming the Sensex, which saw a slight increase of 0.09%.

In the context of recent performance, Dolphin Offshore has shown mixed results. Over the past week, the stock gained 1.49%, while it surged by 31.03% over the past month, significantly outpacing the Sensex's 8.88% increase. However, the longer-term view reveals a stark contrast, with a year-to-date decline of 28.55% compared to the Sensex's gain of 3.43%. Over the past year, Dolphin Offshore's performance has been particularly poor, down 29.12%.

The stock opened at 413 today and has remained at this price level, indicating a lack of upward momentum. It is currently trading above its 20-day, 50-day, and 100-day moving averages but below its 5-day and 200-day moving averages. This trend suggests a potential shift in market sentiment, contributing to the ongoing selling pressure.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News