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Aban Offshore rises as its arm redeems outstanding bonds worth $216 million

09 Mar 2015 Evaluate

Aban Offshore is currently trading at Rs. 505.75, up by 4.75 points or 0.95% from its previous closing of Rs. 501.00 on the BSE.

The scrip opened at Rs. 496.05 and has touched a high and low of Rs. 509.90 and Rs. 494.00 respectively. So far 290897 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 939.90 on 08-Jul-2014 and a 52 week low of Rs. 390.40 on 17-Dec-2014.

Last one week high and low of the scrip stood at Rs. 519.50 and Rs. 465.10 respectively. The current market cap of the company is Rs. 2907.69 crore.

The promoters holding in the company stood at 45.65%, while Institutions and Non-Institutions held 26.28% and 28.07% respectively.

Aban Offshore’s wholly owned step-down subsidiaries - ‘Deep Drilling 7’ and ‘Deep Drilling 8’, have redeemed the outstanding bonds issued by them having an aggregate principal amount of $216 million amounting to Rs 1,335 crore along with accrued interest on the due date i.e. March 5, 2015.

Aban Offshore (formerly Aban Loyd Chiles Offshore) is India’s largest offshore drilling services provider to oil companies, mainly for ONGC. It is a company which provides oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad.

 

Aban Offshore Share Price

13.87 0.00 (0.00%)
22-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 244.45
Oil India 415.75
Jindal Drilling&Inds 575.10
Deep Industries 481.70
Asian Energy Service 373.85
View more..

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