Dolphin Offshore's Stock Rebounds After Eight-Day Decline Amid Market Volatility

Jan 28 2025 09:50 AM IST
share
Share Via
Dolphin Offshore Enterprises (India) saw a notable stock rebound on January 28, 2025, after eight days of decline, gaining 7.69%. Despite this uptick, the stock remains below key moving averages and has experienced a 28.24% decline over the past month, reflecting ongoing volatility in the oil exploration sector.
Dolphin Offshore Enterprises (India) has experienced a significant uptick in its stock performance today, gaining 7.69% as of January 28, 2025. This increase marks a notable trend reversal for the small-cap company, which had faced eight consecutive days of decline prior to this rebound. The stock opened with a gap up of 6.67%, reflecting a positive shift in market sentiment.

In terms of intraday performance, Dolphin Offshore reached a high of Rs 418.9, outperforming its sector by 7.67%. However, it is important to note that the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend.

Over the past month, Dolphin Offshore has seen a decline of 28.24%, contrasting with the Sensex, which has decreased by 3.81% during the same period. The recent performance highlights the volatility and challenges faced by the company within the oil exploration and refinery industry.
{{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