Aban Offshore Share Price Target Limited is a leading Indian drilling service provider for the oil and gas industry in India. This company was established in 1986, the company provides many services including drilling, production, and development of oil and gas resources. With a fleet of modern offshore drilling rigs and experienced personnel, Aban Offshore plays an important role in global energy. Today, this company has made a good name in the market because of its capability.
Details About the Aban Offshore Share Price Target
The Aban Offshore Limited Company is an Indian multinational company specializing in the exploration and production of oil and gas. The company is headquartered in Chennai, Tamil Nadu. Aban Offshore operates a diverse fleet of various drilling rigs including jack-up rigs, drillships, and plating production units. Not only this, this company is also playing an important role in the oil and gas field. And provides drilling and support services to big companies around the world.
Market Cap | 377.92 Cr INR |
Enterprise Value | 15,692.29 Cr |
52 Week High/Low | 93.50 and 52 |
Stock P/E | 0.02 |
Book Value | -4, 171 |
Dividend Yield | 0.00% |
ROCE | 0% |
ROE | 0% |
Face Value | 2.00 |
Price to Book Value | 1.42 |
EPS | -174.75 |
Debt | 9.93 |
Promoters Holding | 46% |
Key Financial Statistics for Aban Offshore Share Price Target
Key Financial Statistics
- Revenue: in ₹273.38 Cr FY 2024
- Net Profit: in ₹115.31 Cr FY 2024
- Earning Per Share (EPS): ₹48.49
- Return of Equity (ROT): 0%
- Debt-to-Equity Ratio: 0.58, this is the Debt-to-Equity Ratio of Aban Offshore Share Price Target
Revenue | ₹273.38 Cr |
Net Income | ₹115.31 Cr |
Diluted EPS | 272.97 |
Net Profit Margin | ₹313.72% |
Shareholding Pattern for Aban Offshore Share Price Target
The Shareholding Pattern Gives Insight into the Ownership Structure of Offshore Share Price
- Promoter and Promoter Group Shareholding: 46.00%
- Public Shareholding: 54.00%
HODING | Nov 2024 |
Promotets Holding | 46% |
Fll Holding | 0.1% |
MF Holding | 0.7% |
Public Holding | 27.31 |
Pledge | 19.37% |
Institutional Investor Trends for Aban Offshore Share Price Target
Institutional investor sentiment for Aban Offshore Share Price Target reflects a gradual increase in interest from major investors. And this modest increase indicates a cautious but positive sentiment towards the company’s prospects in the oil and gas drilling field. Aban Offshore has faced significant challenges in recent years, including losses. However, the company’s long-term outlook remains optimistic and analysts forecast potential growth.
Stock Performance Analysis for Aban Offshore Share Price Target
Aban Offshore Share’s price target performance has fluctuated a lot in recent years. And there are many major factors influencing the share price movement. But now its shares have seen a very good increase till the end of November, and it is estimated that its shares may grow significantly by January. The company works in the offshore drilling industry. Some of its fields have seen different demands due to the boom in the exploration of coal and gas.
Aban Offshore Share Price Target 2024
Many predictions about Aban Offshore Share Price suggest a moderately positive outlook. Its share price has seen an increase in November, which is ₹ 63.38. And it is estimated that it may increase even more by the end of 2024.
Year | Price Target |
2024 | ₹63.38 |
Aban Offshore Share Price Target 2025
The price of Aban Offshore Share is estimated to increase to ₹ 95.11 by the end of 2025.
Year | Price Target |
2025 | ₹95.11 |
Aban Offshore Share Price Target 2026
The price of Aban Offshore Share can be estimated based on many conditions. And its price may increase to ₹ 148 by mid-2025.
Year | Price Target |
2026 | ₹148 |
Aban Offshore Share Price Target 2027
The price of Aban Offshore Share can be up to ₹ 200 in 2027. Its estimation is being made on the basis of many things.
Year | Price Target |
2027 | ₹200 |
Aban Offshore Share Price Target 2028
Many predictions about Aban Offshore Share Price suggest a moderately positive outlook. Its share price has seen an increase in November, which is ₹ 230. And it is estimated that it may increase even more by the end of 2028.
Year | Price Target |
2028 | ₹230 |
Aban Offshore Share Price Target 2029
The price of Aban Offshore Share can be estimated based on many conditions. And by mid-2029, its price can increase to ₹ 264.
Year | Price Target |
2029 | ₹264 |
Aban Offshore Share Price Target 2030
The price of Aban Offshore Share is estimated to increase to ₹ 301 by the end of 2030.
Year | Price Target |
2030 | ₹301 |
Factor Contributing to Growth Risk and Challenge for Aban Offshore Share Price Target
- Improvement in global oil prices: A key driver for Aban Offshore’s growth is the recovery and sustained demand for oil, which directly impacts the drilling industry. Oil prices, together with oil prices, can drive growth in drilling activity.
- Technological advancement: Continued investment in drilling technologies, including deepwater drilling and energy-efficient solutions, can improve operational efficiency.
- Sustainability: Aban Offshore’s continued efforts to reduce costs, increase fleet utilization, and optimize its own drilling operations will play a key role in its growth.
- Continuous oil price fluctuations: Despite the company’s growth prospects, the drilling industry remains highly vulnerable to oil price fluctuations.
- Geopolitical Risks: As a global player in offshore drilling, Aban Offshore is vulnerable to geopolitical tensions, particularly in fields where oil exploration and drilling are central.
- Regulatory and Environmental Risks: Changes in regulatory policies, environmental concerns and stricter regulations on drilling operations may increase operating costs.
Technical Analysis for Aban Offshore Share Price Target
Technical analysis of Aban Offshore Share Price Target focuses on key indicators, chart patterns, and trends. Based on recent trends and market data, it can be said that Aban Offshore stock is going to remain around ₹ 110 to ₹ 115. This is the point where buyers usually step in to prevent further decline. And even if the stock comes down, it will remain near ₹ 100.
Conclusion
So this was our article today in which we have given you complete information about Aban Offshore Share Price Target. Hope if you are also interested in stock then you must have liked this article. So technical analysis of the share price of Aban Offshore Share can provide information about its activity based on chart patterns, trading volume and key indicators.
FAQs
Aban Offshore Share Price Target Limited is a leading Indian drilling service provider for the oil and gas industry.
The price of Aban Offshore Share can be estimated based on several conditions. And by mid-2025, its price may increase to ₹ 148.
The long-term outlook for Aban Offshore is cautiously optimistic. Estimates suggest that its stock could grow significantly by 2030.
If you are also one of the investors then you are right in thinking that Aban Offshore is a good investment, but you should invest only after getting proper information about it.
Investors should keep a close eye on oil price trends, Aban Offshore’s quarterly financial performance and any strategic moves taken by the company to strengthen its position in the offshore drilling market.
Disclaimer
This article is just for information and education purposes. These predictions and statistics of stock prices are just for educational purposes. We don’t recommend buying and selling any stocks of the company. Investors are responsible for conducting research on stock prices before investing in any stock. We are not responsible for loss and damage arising while using this stock price content.
