Home / Share Price Target / Aban
Aban Offshore Share Price Target 2024, 2025, 2026 to 2039 With Charts
Aban Offshore Limited | |||
 | Symbol: ABAN | ||
| Price: ₹67.42 | |||
| Exchange: NSE | |||
| Energy -> Oil & Gas Drilling | |||
Show Table of Contents
Table of Contents
- 1: Aban Offshore Brief Company Overview
- 1.1: Aban Offshore Limited: A Leading Offshore Drilling and Production Services Provider
- 1.2: Aban Offshore Financial Performance
- 1.2.1: Is Aban Offshore A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Aban Offshore Share Price Target For 2024
- 2.1.1: Aban Offshore Share Price Target Table For 2024
- 2.1.2: Summary: Aban Offshore Share Price Prediction For 2024
- 2.2: Aban Offshore Share Price Target For 2025
- 2.2.1: Aban Offshore Share Price Target Table For 2025
- 2.2.2: Summary: Aban Offshore Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Aban Offshore Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Aban Offshore Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Aban Offshore Past Performance
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.
Advertisement
Aban Offshore Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 382.46 Crore | Market valuation of Aban Offshore's shares. |
| Revenue (TTM) | 447.74 Crore | Total revenue generated by Aban Offshore over the past twelve months. |
| Net Income (TTM) | -1,317.84 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -36.19% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -294.33% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +57.9% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +88.44% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | -0.65 | 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 | 0.79 | 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 is a risky bet for long-term investors. Despite a strong recent stock performance (70.03% return in the past year), the company is facing serious financial headwinds. A massive debt of 15,307.87 Crore against a paltry cash balance of 43.5 Crore paints a bleak picture. The Q4-2023-24 report also reveals a staggering -294.33% profit margin, indicating the company is losing money on every rupee earned. Until Aban Offshore can address these fundamental issues, it's best to approach this stock with caution.
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.
Advertisement
Aban Offshore Share Price Target Table For 2024
| Aban Offshore's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 74.15 (+9.98%) | Price Action: 12 Jun 2024 High |
| 2024 Target 2 | 73.40 (+8.86%) | Price Action: Feb 2004 Low |
| 2024 Target 1 | 72.00 (+6.79%) | Price Action: Nov 2018 Low |
| Current Price | 67.42 | Aban Offshore's 1 share price as of Tue 02 Jul 2024 |
| Stop Loss 1 | 65.55 (-2.78%) | Price Action: 10 Jun 2024 Low |
| Stop Loss 2 | 64.80 (-3.89%) | Price Action: Jan 2019 Low |
| Stop Loss 3 | 64.10 (-4.93%) | Price Action: Aug 2022 High |
Summary: Aban Offshore Share Price Prediction For 2024
In summary, Aban Offshore has surged by ₹15.07, achieving a notable +28.79% increase from 1st January 2024 to 02 Jul 2024. Our analysis of Aban Offshore for 2024 predicts an additional rise of 6.79% to 9.98% by the end of 2024 with three potential targets T1: 72.00, T2: 73.40, T3: 74.15. Stop Loss at SL1: 65.55, SL2: 64.80, SL3: 64.10.
Aban Offshore has a 52-week high of ₹93.35, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹38.95, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Aban Offshore.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
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.
Advertisement
Aban Offshore Share Price Target Table For 2025
| Aban Offshore's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 110.78 (+64.31%) | Price Action: Chart |
| 2025 Target 2 | 108.71 (+61.24%) | Price Action: Chart |
| 2025 Target 1 | 107.63 (+59.64%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 67.42 | Aban Offshore's 1 share price as of Tue 02 Jul 2024 |
| Stop Loss 1 | 57.40 (-14.87%) | Price Action: 04 Jun 2024 Low |
| Stop Loss 2 | 56.13 (-16.75%) | Technical Indicator: MA250 |
| Stop Loss 3 | 55.15 (-18.2%) | Price Action: 05 Jun 2024 Low |
Summary: Aban Offshore Share Price Prediction For 2025
In summary, Aban Offshore has surged by ₹15.07, achieving a notable +28.79% increase from 1st January 2024 to 02 Jul 2024. Our analysis of Aban Offshore for 2025 predicts an additional rise of 59.64% to 64.31% by the end of 2025 with three potential targets T1: 107.63, T2: 108.71, T3: 110.78. Stop Loss at SL1: 57.40, SL2: 56.13, SL3: 55.15.
Aban Offshore has a All-Time high of ₹5416.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹38.95, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Aban Offshore, we have created a specific page for that check here: Aban Offshore Share Price Target For Tomorrow & Next Week
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Aban Offshore Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Aban Offshore share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 8.4% over the next 15 years.
For complete year by year Aban Offshore long term share price target from 2024, 2025 to 2039 check the below table.
Aban Offshore Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Aban Offshore Target | YoY Change % |
|---|---|---|
| 2024 | ₹67.42 | [Current Price] |
| 2024 | ₹68.61 | 1.76% |
| 2025 | ₹92.74 | 35.16% |
| 2026 | ₹94.76 | 2.17% |
| 2027 | ₹107.15 | 13.07% |
| 2028 | ₹98.21 | -8.35% |
| 2029 | ₹111.02 | 13.04% |
| 2030 | ₹143.76 | 29.49% |
| 2031 | ₹141.72 | -1.42% |
| 2032 | ₹155.47 | 9.7% |
| 2033 | ₹138.83 | -10.71% |
| 2034 | ₹153.43 | 10.51% |
| 2035 | ₹194.78 | 26.95% |
| 2036 | ₹188.69 | -3.13% |
| 2037 | ₹203.78 | 7.99% |
| 2038 | ₹179.45 | -11.94% |
| 2039 | ₹212.17 | 18.23% |
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Aban Offshore Past Performance
- In 1990, Aban Offshore opening price was ₹6.34
- As of Tue 02 Jul 2024 the price stands at ₹67.42.
- This represents a Compound Annual Growth Rate (CAGR) of 6.99%.
- In 34 years, an investment of 10,000 would have become ₹1.06 Lakh.
As we wrap up, we hope you like our study on Aban Offshore share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Aban Offshore Share Price History
- Aban Offshore Price Target Tomorrow
- Aban Offshore Dividend History
- Aban Offshore Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
