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28-Nov2017

Jindal Drilling soars on bagging contract from ONGC

Jindal Drilling & Industries is currently trading at Rs. 167.00, up by 5.30 points or 3.28% from its previous closing of Rs. 161.70 on the BSE.

The scrip opened at Rs. 161.95 and has touched a high and low of Rs. 174.30 and Rs. 159.00 respectively. So far 32855 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 209.50 on 06-Dec-2016 and a 52 week low of Rs. 137.05 on 30-May-2017.

Last one week high and low of the scrip stood at Rs. 174.30 and Rs. 155.00 respectively. The current market cap of the company is Rs. 461.09 crore.

The promoters holding in the company stood at 64.28%, while institutions and non-institutions held 0.11% and 35.62% respectively.

Jindal Drilling & Industries has bagged contract from Oil & Natural Gas Corporation (ONGC) for charter hire of Offshore Drilling Rig for a period of three years.

Jindal Drilling & Industries is one of the leading drilling contractor in India providing service to national and international E&P companies.


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