Dolphin Offshore may test Rs 210: Mehraboon Irani

Mehraboon Irani, Principal and Head- Pvt Client Group Business at Nirmal Bang Securities told CNBC-TV18, "Dolphin Offshore is one stock which we like. We have a very conservative target of Rs 210 for the stock which possibly could be achieved in the next 1-3 months. As a story, I think this is a company which one needs to look at and this stock even could be a Rs 500 stock in the next one to one and half years. However we are quite confident it will achieved the target of Rs 210."

On September 11, 2014 Dolphin Offshore Enterprises (I) closed at Rs 145.95, up Rs 21.55, or 17.32 percent. It has touched a 52-week high of Rs 149.