Aban Offshore continues to rise allaying debt, idle rigs concern
Shares of Aban Offshore Ltd (Aban), India's largest offshore drilling
contractor in the private sector, are again back in the news. Despite a fourth
quarter loss and huge debt, Aban's share price has been moving up before being
quoted at Rs1240.95 per share on 5th June.
Sure, the share prices are bound to go up and down, but in percentage terms,
especially for Aban, the journey...
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