Dolphin Offshore Share Price Target From 2024 to 2030: Dolphin Offshore Enterprises (India) Ltd. is one of the leading companies in the offshore oilfield services sector. The company became a name among the major integrated service providers to the oil and gas industry, subsea and marine operations over the last couple of years. The following article is a detailed review of the share price of Dolphin Offshore from 2024 till 2030 and the underlying factors responsible for the rising curve.
Company Overview
- Founded: 1979
- Headquarter: Mumbai, India
- Industry: Offshore Oilfield Services
Dolphin Offshore is an underwater engineering and vessel management company doing turnkey projects for the oil and gas industry. Quality and safety have always been their mainstay. Over time, they have gained success as a reliable and efficient service provider to its customers. It has served several large domestic and international oil and gas majors, which helps build a strong portfolio.
Dolphin Offshore Share Price Update
- High: ₹545.00
- Low: ₹522.50
- Open: ₹516.05
- Market Cap: ₹2,170 Crore
- P/E Ratio: Not available
- Dividend Yield: Not available
- 52-Week High: ₹948.70
- 52-Week Low: ₹101.12
During the last calendar year, the share price of Dolphin Offshore rose as high as 428.41% and touched the record level of ₹545.00 mainly because of the improvement in the oil and gas sector, enhanced offshore exploration and confidence of investors.
Shareholding Pattern For Dolphin Offshore Share Price
- Promoters: 74.99%
- Foreign Institutions: 12.82%
- Retail and Others: 10.59%
- Other Domestic Institutions: 1.60%
Shareholding pattern is such that promoter is satisfied with their shareholding which has been constant at 74.99%. The FII shareholding too has been consistent and at 12.82% with constant interest by the international investor.
Dolphin Offshore Share Price Target From 2024 to 2030
| YEAR | SHARE PRICE TARGET |
| 2024 | ₹950 |
| 2025 | ₹1800 |
| 2026 | ₹2650 |
| 2027 | ₹3500 |
| 2028 | ₹4350 |
| 2029 | ₹5200 |
| 2030 | ₹6100 |
Key Growth Drivers For Dolphin Offshore Share Price
- High demand for oil and gas around the globe: Offshore exploration and production will be highly strong since the high demand of oil and gas has been raised across the world.
- Government Policies: Government policies will favor increases in domestic oil production and with the efforts by the state, operation, and revenues are much better.
- Technological Advancement: Dolphin Offshore would focus on acquiring the latest in subsea technologies, streamlined project execution which would help the business to continuously grow.
- Strategic Alliances: The Liaison with the giant oil and gas majors and the expansion in the new geographies will undoubtedly add income streams to the kitty of Dolphin Offshore.
- Promoter Confidence: Promoter holding remains strong at 74.99% which depicts the confidence of promoters regarding the bright future prospects of the company.
Threats and Opportunities For Dolphin Offshore Share Price
- Variation in Oil Price: Any change in the global oil price has always impacted the offshore explorations along with the inflows of revenues.
- Regulatory Issues: The tough environment and safety norms would lead to an increase in the cost of operations.
- Competition: The business of offering offshore services is highly competitive with national and international players fighting for market share.
Investment Outlook For Dolphin Offshore Share Price
The stock of Dolphin Offshore has witnessed outstanding growth over the last calendar year and, in near-term projections, seems upwards. That is pretty intriguing in light of the investment horizons that would fall into quite a long period since its fundaments are good, with growth potential existing.
FAQs For Dolphin Offshore Share Price
1. What will be the share price of Dolphin Offshore by 2025?
Share price of Dolphin Offshore will be increased up to ₹1,800 by 2025 and would have gone high from the present levels.
2. Why has Dolphin Offshore stock price suddenly jumped up?
Dolphin Offshore’s stock price has surged sharply due to the offshore activities, recovery in the oil and gas sector, and confidence of the investors.
3. What are the major risks for investment in Dolphin Offshore?
Major risks are uncertainty of oil prices, legal issues and high competitiveness in off-shore services area.
4. Is it a good long-term stock for investment in Dolphin Offshore?
Yes, it is as Dolphin Offshore holds strong fundamentals with historical growth pattern and a good industry.
5. What is the shareholding pattern for Dolphin Offshore Share Price?
As of September 2024, promoters held 74.99%, foreign institutions held 12.82%, and retail and others held 10.59% shareholding. Domestic institutions held 1.60% shareholding.
Dolphin Offshore Enterprises has made tremendous promise in the last one year and is bound to reap the gains that are fast coming in for the sector of offshore oilfield services. The company stock will yield very good returns to the long-term investors because it projects the Dolphin Offshore Share Price target by 2030 at ₹6,100. Again, no investment is without risk, and a good amount of research work is always inescapable before entry into any investment.
