Dolphin Offshore Enterprises (India) Ltd Surges to All-Time High, Outperforming Sector

. Dolphin Offshore Enterprises (India) Ltd, a smallcap company in the oil exploration and refineries industry, has been making waves in the stock market with its recent performance. On May 14, 2024, the company's stock price reached an all-time high, hitting Rs. 708.1. However, according to MarketsMOJO, the stock call for Dolphin Offshore is 'Sell'. Despite this, the stock has been outperforming the sector by 4.84% and has been on a consecutive 16-day gaining streak, with a remarkable 100.99% increase in returns during this period. The stock also opened with a 5% gain today and touched an intraday high of Rs. 708.1, with no range in its trading price since then. The stock has shown high volatility today, with an intraday volatility of 17.86%, calculated from the weighted average price. However, Dolphin Offshore is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past year, Dolphin Offshore Enterprises (India) Ltd has shown a performance of NA% compared to the Sensex's performance of %. With its recent surge in stock price and consistent gains, Dolphin Offshore is definitely a company to keep an eye on in the oil exploration and refineries industry.