Why is Aban Offshore falling/rising?

Sep 15 2025 09:30 PM IST
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As of 15-Sep, Aban Offshore Ltd's stock price is at 43.50, down 1.63%, and has significantly underperformed with a year-to-date decline of 31.34%. The stock is trading below all major moving averages, and investor participation has decreased sharply, indicating ongoing challenges for the company.
As of 15-Sep, Aban Offshore Ltd's stock price is currently at 43.50, reflecting a decline of 0.72, or 1.63%. The stock has been underperforming, having lost 2.79% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has decreased significantly, with delivery volume falling by 53.93% compared to the 5-day average. The stock's year-to-date performance shows a substantial decline of 31.34%, and over the past year, it has dropped 44.37%, indicating ongoing challenges for the company.

In the broader market context, the Sensex has shown a positive return of 1.24% over the past week and 4.67% year-to-date, contrasting sharply with Aban Offshore's negative performance. While the stock has gained 0.97% over the past month, it still lags behind the benchmark's 1.47% increase. This underperformance highlights the stock's struggle in a generally rising market, further exacerbated by the recent consecutive falls and declining investor interest.
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