Dolphin Offshore Enterprises touches roof as its arm signs lease agreement with Ballast Shipping
Dolphin Offshore Enterprises (India) is currently trading at upper limit of Rs. 315.20, up by 6.15 points or 1.99 % from its previous closing of Rs. 309.05 on the BSE.
The scrip opened at Rs. 315.20 and has touched a high and low of Rs. 315.20 and Rs. 315.20 respectively. So far 750 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 948.75 on 22-May-2024 and a 52 week low of Rs. 200.00 on 25-Feb-2025.
Last one week high and low of the scrip stood at Rs. 315.20 and Rs. 291.30 respectively. The current market cap of the company is Rs. 1260.94 crore.
The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 14.40% and 10.61% respectively.
Dolphin Offshore Enterprises’ (India) wholly owned subsidiary -- Beluga International DMCC, Dubai (Beluga) has entered into a Lease agreement with Ballast Shipping S.A. DE C.V for leasing of ‘Prabha’- DP2 Accommodation Barge (Previously known as Vikrant Dolphin) for a period of 3 years. The total estimated value of this agreement is around Rs 281 crore.
Dolphin Offshore Enterprises (India) was incorporated as a Private Limited Company under the Indian Companies Act 1956 on May 17, 1979 with the objective of providing services to the offshore oil and gas industry.
