Recent Price Movement and Market Performance
Global Offshore’s share price hit a new 52-week low of ₹60.7 on 25-Nov, signalling sustained selling pressure. The stock has been on a consecutive three-day losing streak, shedding approximately 9.55% over this period. Despite an intraday high of ₹65.69, the weighted average price indicates that a larger volume of shares traded closer to the day’s low, reflecting bearish sentiment among investors.
The stock’s performance today also lagged behind its sector by 1.81%, underscoring relative weakness. Moreover, Global Offshore is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish technical outlook and may deter short-term buying interest.Read More











