Dolphin Offshore Enterprises (India), an oil and gas stock, continues its remarkable performance with consecutive upper circuits, reaching a new 52-week high on January 18 and locking at its upper circuit level. The stock is gaining attention as it anticipates a forthcoming share split in the ratio of 1:10.
In January, the stock achieved a new pinnacle, reaching Rs 1,691.30 apiece on NSE, hitting its 2% upper circuit level. This indicates strong buyer interest, with no sellers on this particular day.
According to NSE data, Dolphin Offshore Enterprises has witnessed multiple re-listings. Since its re-listing in August 2023, the stock has experienced a staggering four-digit percentage surge. On August 21, 2023, the stock touched its 52-week low of Rs 109 apiece. In just six months, the stock has skyrocketed, marking an astounding 1,421.24% increase on NSE.
