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Aban Offshore Limited
Share Price Target & Analysis

NSE:ABAN

61.55

VWAP

61.4

Open

60.76

Close

62.4

High

60.81

Low

93.35

52 Week High

62.14 ⇧
1.38 (2.27%)

ABAN

(OIL & GAS)
30% Momentum

Turnaround Potential

48.75

52 Week Low

1.93

EPS

8.53

PE

N/A

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: ABAN Share Price Financial Analysis & Valuation

Aban Offshore Limited (ABAN) is broadly categorized in OIL & GAS segment industry which deals in Oil Drilling And Exploration vertical. It is one of Micro Cap company with Market Capitalization of Rs 276.9 (in Cr). Total number of free float shares are 5.8 (in Lacs). Aban Offshore Limited is listed on NSE with Exchange ID - INE421A01028 and trading code is NSE:ABAN with short name Aban Offshore.

In the past 1 year, Aban Offshore Limited has declared an equity dividend of Rs 0 per share. At the current share price of ABAN at Rs 62.14, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:ABAN, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine ABAN underlying value and future prospects. All of this data is available in ABAN financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:ABAN, it is clearly understood that ABAN is Economical performer in terms of earnings and profit margins with an EPS of 1.93.

Valuation of the Stock: The current valuation of ABAN stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ABAN whether to BUY this stock at current valuation.

Now, the main question is whether to BUY or SELL, NSE:ABAN at current valuation.
As per latest Analysis No. #3061:-

⇑ STRONG BUY ABAN if All Greens

⇗ BUY ABAN (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD ABAN (With Stop Loss) if only 1 Green

⇘ SELL ABAN if NO Green Indicator

NSE: ABAN Share Price Today (Nov 23, 2024)

(Aban Offshore Limited Daily Analysis on the basis of ABAN Intraday Graph & Trend)

Aban Offshore Limited share price moved Up by 2.27% from its previous close of Rs 60.76. ABAN stock last traded price is 62.14. ABAN share price trend is Up with a total of 24040 stocks traded till now. It has touched an intraday high of Rs 62.4 and an intraday low of Rs 60.81. The ABAN trading at 62.14, Up by Rs. 1.38, or 2.27 percent which suggests that most of the Traders are anticipating that the price of ABAN share should go Up.

NSE: ABAN Share Price Tomorrow Prediction

(Aban Offshore Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ABAN)

Aban Offshore Limited share price moved Up by 2.27%. ABAN share price short term trend is Up. It suggests that ABAN Share Price for Tomorrow remains the same with VWAP at 61.55 will be treated as stop loss for intraday traders. Aban Offshore Limited Long term investors can follow the ABAN long term trend as mentiond in future forecast table.

NSE Code

NSE: ABAN

ABAN Share Price Today

 62.14

ABAN Share Price Target Prediction for 2024 ^

 51.1 - 75.5

ABAN Share Price Target Prediction for 2025*^

 75.5 - 99.9

ABAN Share Price Target Prediction for 2026*^

 99.9 - 106.9

ABAN Share Price Target Prediction for 2027*^

 112

ABAN Share Price Target Prediction for 2028*^

 116

ABAN Share Price Target Prediction for 2030*^

 126
ABAN Current Book Value 2023
Data Not Available

*Aban Offshore Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^ABAN share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

ABAN Technical Analysis

Candlestick Pattern: @61.77

ABAN Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 63.16 SELL 62.4 SELL
MA_12 64.4 SELL 64.07 SELL
MA_20 64.84 SELL 65.22 SELL
MA_32 67.55 SELL 67.15 SELL
MA_50 70.63 SELL 68.45 SELL
MA_100 71.1 SELL 69.22 SELL
MA_200 68.93 SELL 66.57 SELL

ABAN Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 64.84 Downtrend
MACD -0.14 SELL
ADX 25.66 Strong Trend
DMI (+/-) 13.3 / 25.07 Downtrend

ABAN Momentum Oscillators

BUY (0) NEUTRAL (7) SELL (5)
Momentum Oscillators Value Action
RSI 38.76 Neutral
STOCHASTIC_K (Fast) 20.91 Neutral
STOCHASTIC_D (Slow) 13.14 Oversold
CCI -147.67 SELL
PSAR 68.4 SELL
TRUE RANGE 2.91 Neutral
ATR 3.06 Neutral
WILLIAMS R -70.02 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 39.21 Neutral
STOCHASTIC RSI D 13.07 Oversold
MOMENTUM -7.16 SELL

ABAN Last 1 Year Trend

Duration Value
1 Year 15.67%
3 Months -13%
1 Month -10.39%
1 Week -4.05%

ABAN Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 23%
SELL 73%

Most popular Questions & Answers about ABAN


Aban Offshore Limited stock last traded price is 62.14. ABAN share price moved Up by 2.27% from its previous close of Rs 60.76.

Aban Offshore Limited share price trend is Up with a total of 24040 stocks traded till now. It has touched an intraday high of Rs 94.2835 and an intraday low of Rs 60.81. The ABAN trading at 62.14, Up by Rs. 1.38, or 2.27 percent which suggests that most of the Traders are anticipating that the price of ABAN share should go Up and the Stop Loss will be around 61.55.

The market cap of Aban Offshore Limited is ₹276.9 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Aban Offshore Limited as of Nov 22, 2024 is 8.53.

The current price to book ratio for Aban Offshore Limited as of Nov 22, 2024 is N/A.

The highest price of Aban Offshore Limited stock is ₹93.35 in the last 52-week.

The lowest price of Aban Offshore Limited stock is ₹48.75 in the last 52-week.

Aban Offshore Limited share trading at ₹62.14, Up by Rs. 1.38, or 2.27 percent which suggests that most of the traders are anticipating that the price of ABAN share should go Up.

In 2023, Stock price target for Aban Offshore Limited (ABAN) are ₹51.1 on downside and ₹75.5 on upside. Aban Offshore Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Aban Offshore Limited (ABAN) are ₹75.5 on downside and ₹99.9 on upside. Aban Offshore Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Aban Offshore Limited (ABAN) are ₹99.9 on downside and ₹106.9 on upside. Aban Offshore Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Aban Offshore Limited (ABAN) will be around ₹116 Aban Offshore Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ABAN.

The price of Aban Offshore Limited (ABAN) shares moved by 2.27%. The short-term trend for ABAN share price is Up. It implies that the share price of ABAN will stay the same tomorrow and that intraday traders should treat VWAP at 61.55 as a stop loss. Investors with a long-term outlook can track ABAN long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of ABAN stock is 23.1. Compared to the current market price of 62.14 INR, the ABAN stock is Overvalued by 62.8%.

As per the fundamental analysis of Aban Offshore Limited (ABAN), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.93.


NSE:ABAN News & Other Useful Information about ABAN Share Price


Peer Comparison of NSE: ABAN

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Oil Drilling And Exploration

Company Price EPS BV
ONGC 245.45 32.06 243.22
GAIL 192.80 15.84 97.61
GUJGASLTD 461.65 18.4 111.7
ASIANENE 323.00 9.8 62.67
PETRONET 323.60 26.12 113.09
IGL 312.65 22.96 122.17
OIL 507.15 42.51 271.25
GSPL 332.10 19.93 182.03
HINDOILEXP 187.32 2.75 76.63
JINDRILL 742.80 35.1 406.14
Updated at: 22 Nov 2024 15:48

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