Antelopus Selan Energy Limited shares fell nearly 3% during Thursday's intraday trading session, following a sharp rally in the first half of the week. According to reports from Live Mint, the stock has surged nearly 20% in the last three trading sessions and appears to see some correction after its remarkable performance. The Gurugram-headquartered energy player was trading 1.48% lower at ₹1,154.4 per share on BSE with a market capitalisation of ₹4,059.14 crore at 10:50 am on Thursday. Latest trading data shows the stock gained 7.11% today to trade at ₹594, indicating continued volatility in the energy sector.
The stock has delivered an exceptional 176% return in 2026 so far, as reported by Live Mint. Over the past month, Antelopus Selan Energy stock was up 42% and has seen a remarkable rally over recent months. The company's share price value has surged around 99.7% in six months and around 180.52% in 2026 so far. The stock has delivered close to 180.52% year to date (YTD) performance, with a return on equity (ROE) of 30.57%. The stock touched its 52-week high of ₹1,216 per share on BSE on September 9, 2026, and has delivered 673% return in five years and around 487% return in ten years.
The recent correction came despite positive business developments, as reported by Live Mint. The company announced last week that it has secured two onshore contract areas under the Government of India's discoverd small field (DSF) bid round-IV. The company received two onshore contracts, one in a field located in the Krishna Godavari (KG) basin in Andhra Pradesh and another in the location within the Cambay Basin in Gujarat. These new contract areas are expected to help the firm in expanding its asset portfolio and strengthen its presence across key operating regions.
The company delivered exceptional financial results for the quarter ended June 2026, with net profit surging 384.14% to ₹54.32 crore compared to ₹11.22 crore in the same quarter last year. Sales revenue increased 158.82% to ₹131.04 crore during the quarter, demonstrating robust operational performance. The company's operating profit margin (OPM) stood at 70.18% in Q1 FY26, significantly higher than 52.99% in the corresponding quarter of the previous year. This strong financial performance supports the stock's remarkable rally and positions the company well for continued growth.
According to Virat Jagad Sr., Technical Research Analyst at Bonanza, as reported by Live Mint, investors should avoid entry now as the stock is overextended following a massive rally. "Avoid entry now as the stock is overextended following a massive rally. Wait for a retest near ₹1,050– ₹1,080 for a safer entry with SL below ₹980. While volume spikes confirm heavy buying and price stays well above all key EMAs, an overbought RSI above 70 warns of an impending short-term pullback, making fresh buying at current levels highly risky," stated Virat Jagad. The stock saw heavy selling pressure in the early trading session as it fell nearly 3% to dip to an intraday low of ₹1,117.55 per share and touched an intraday high of ₹1,169.25 per share.
