Aban Offshore (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Aban Offshore Limited |
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Price: ₹64.83 | ||
| 52 Week Low: ₹48.75 52 Week High: ₹93.35 |
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| Market Capital: 354.62 Crore (Smallcap) | |||
| Energy -> Oil & Gas Drilling | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Aban Offshore Share Price Target For 2024
- 1.1.1: Aban Offshore Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Aban Offshore Share Price Target For 2025
- 1.2.1: Aban Offshore Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Aban Offshore Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Aban Offshore Brief Company Overview
- 4: Aban Offshore Financial Performance
- 4.0.1: Is Aban Offshore A Good Buy For Long Term?
To predict the Aban Offshore's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Aban Offshore Share Price Target For 2024
The line chart displays the monthly closing prices of Aban Offshore with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Aban Offshore shares in 2024, see the table below.
Aban Offshore Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 67.9 (+4.73%) | Price Action: 18 Dec 2024 High |
| 2024 Target 2 | 66.9 (+3.19%) | Price Action: 23 Oct 2024 High |
| 2024 Target 1 | 66.21 (+2.12%) | Price Action: 13 Dec 2024 Low |
| Current Price | 64.83 | Aban Offshore's share price as of 20 Dec 2024 |
| Stop Loss 1 | 64.2 (-0.98%) | Price Action: 05 Nov 2024 Low |
| Stop Loss 2 | 63.44 (-2.15%) | Price Action: 25 Nov 2024 High |
| Stop Loss 3 | 62.7 (-3.29%) | Price Action: Sep 2022 High |
Short-Term Technical Outlook
Current Technical Position: Aban Offshore is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹65.4 serves as the nearest technical reference point.
Historical Returns: 3-month: -13.65% | 6-month: -1.05% | 1-year: +23.86%
Aban Offshore Share Price Target For 2025
The line chart displays the monthly closing prices of Aban Offshore with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Aban Offshore shares in 2025, see the table below.
Aban Offshore Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 96.06 (+48.17%) | Price Action: Chart |
| 2025 Target 2 | 94.27 (+45.41%) | Price Action: Chart |
| 2025 Target 1 | 93.34 (+43.97%) | Fibonacci Extension Level 100.00% |
| Current Price | 64.83 | Aban Offshore's share price as of 20 Dec 2024 |
| Stop Loss 1 | 56.59 (-12.72%) | Price Action: Dec 2022 High |
| Stop Loss 2 | 55.79 (-13.95%) | Price Action: Mar 2022 High |
| Stop Loss 3 | 55.15 (-14.94%) | Price Action: Jun 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Aban Offshore is currently trading at 36.1% of its 52-week range (₹48.75 - ₹93.35).
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: +23.86% | 3-year: +31.77% | 5-year: +152.26%
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Approach 2: Machine Learning By Studying Historical Prices
Aban Offshore Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹64.83 | ||
| 2024 | ₹59.58 | -8.10% | ₹61.11 |
| 2025 | ₹77.12 | +29.44% | ₹82.98 |
| 2026 | ₹89.23 | +15.70% | ₹91.46 |
| 2027 | ₹129.17 | +44.76% | ₹131.11 |
| 2028 | ₹84.66 | -34.46% | ₹99.01 |
| 2029 | ₹91.26 | +7.80% | ₹98.36 |
| 2030 | ₹114.18 | +25.12% | ₹115.89 |
| 2031 | ₹128.36 | +12.42% | ₹130.29 |
| 2032 | ₹181.24 | +41.20% | ₹183.96 |
| 2033 | ₹116.24 | -35.86% | ₹143.77 |
| 2034 | ₹122.94 | +5.76% | ₹194.26 |
| 2035 | ₹151.25 | +23.03% | ₹207.28 |
| 2036 | ₹167.48 | +10.73% | ₹220.30 |
| 2037 | ₹233.31 | +39.31% | ₹236.81 |
| 2038 | ₹147.83 | -36.64% | ₹184.31 |
| 2039 | ₹159.48 | +7.88% | ₹246.33 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Aban Offshore Brief Company Overview
Aban Offshore Limited: A Leading Offshore Drilling and Production Services Provider Aban Offshore Limited, a distinguished company established in 1986, has built a strong reputation for providing comprehensive offshore drilling and production services to the oil and gas...
industry in India and beyond. The company boasts an extensive fleet of offshore drilling rigs, drill ships, and floating production units. This diverse product range enables Aban Offshore to offer a complete suite of services, including exploratory, drilling, hydrocarbons production, and manning and management. Aban Offshore is committed to delivering safe, efficient, and cost-effective solutions to its clients. The company's commitment to excellence has earned it recognition as a reliable and respected partner in the industry.Aban Offshore Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 354.62 Crore | Market valuation of Aban Offshore's shares. |
| Revenue (TTM) | 482.32 Crore | Total revenue generated by Aban Offshore over the past twelve months. |
| Net Income (TTM) | -12,222,579,712.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +27.50% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -253.41% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+29.10% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
-0.63 | Company's total debt divided by total shareholder equity. |
| Total Debt | 15,307.87 Crore | Sum of Aban Offshore's current & long-term financial obligations. |
| Total Cash | 43.5 Crore | Total amount of liquid funds available to Aban Offshore. |
| Beta | 0.78 | Beta is less than 1 indicating that the Aban Offshore's price is less volatile than the market. |
Is Aban Offshore A Good Buy For Long Term?
Aban Offshore, a small-cap stock with a market capitalization of ₹354.62 crore, presents a high-risk, high-reward scenario. While its revenue reached ₹482.32 crore in the last 12 months (TTM), a staggering net loss of ₹1,222.25 crore and a massive debt of ₹15,307.87 crore (Q2 2024-25) paint a concerning picture. Although past 3-year returns show a significant 116.13% increase, the substantial debt and negative profit margin of -253.41% make it a not a good buy for the long term. Cautious investors should proceed with extreme care.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
