Dolphin Offshore Enterprises Sees Increased Trading Activity Amid Market Volatility

Jun 02 2025 10:02 AM IST
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Dolphin Offshore Enterprises (India) Ltd has seen notable trading activity, reaching its upper circuit limit with a high of Rs 460.65. The stock experienced volatility, with a total traded volume of approximately 0.17036 lakh shares and increased investor participation, despite recent underperformance in its sector.
Dolphin Offshore Enterprises (India) Ltd, a small-cap player in the oil industry, has experienced significant trading activity today, notably hitting its upper circuit limit with a high price of Rs 460.65. The stock's last traded price was Rs 437.95, reflecting a minor change of -0.8, or a percentage change of -0.18.

Throughout the trading session, Dolphin Offshore saw a total traded volume of approximately 0.17036 lakh shares, resulting in a turnover of Rs 0.7688 crore. The stock's performance today has been characterized by a notable intraday low of Rs 421.55, indicating some volatility within the session.

Despite underperforming its sector by 3.48% and experiencing a consecutive decline over the past two days, the stock remains above its moving averages for shorter periods, although it is below the 100-day and 200-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 41.98% compared to the five-day average.

In summary, Dolphin Offshore Enterprises has shown resilience by reaching its upper circuit limit, amidst a backdrop of fluctuating performance metrics and trading activity.
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