Dolphin Offshore Enterprises Faces Trading Challenges Amid Broader Sector Trends

Jul 29 2025 10:00 AM IST
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Dolphin Offshore Enterprises (India) Ltd faced notable trading activity as its stock reached the lower circuit limit, closing at Rs 419.75. The stock has underperformed its sector and experienced a decline over the past three days. Trading volume was approximately 0.07304 lakh shares, with increased delivery volume.
Dolphin Offshore Enterprises (India) Ltd, a small-cap player in the oil industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 419.75, reflecting a decline of Rs 22.1 or 5.0% from the previous session. The stock's performance has been underwhelming, underperforming its sector by 1.44% and marking a consecutive fall over the last three days, resulting in a total decline of 7.54% during this period.

Today's trading saw a total volume of approximately 0.07304 lakh shares, with a turnover of Rs 0.3168 crore. The stock's price band is set at 5%, with an intraday high of Rs 455.9 and a low of Rs 419.75. Notably, while the stock is trading above its 50-day and 100-day moving averages, it remains below the 5-day, 20-day, and 200-day moving averages.

In terms of liquidity, the stock is deemed liquid enough for trades of Rs 0.01 crore, with delivery volume showing a notable increase of 59.86% against the 5-day average. Overall, Dolphin Offshore Enterprises continues to navigate a challenging market environment, reflecting broader trends within the sector.
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