Jindal Drilling soars on getting Notification of Award from ONGC
Jindal Drilling & Industries is currently trading at Rs. 595.85, up by 17.05 points or 2.95% from its previous closing of Rs. 578.80 on the BSE.
The scrip opened at Rs. 572.60 and has touched a high and low of Rs. 610.00 and Rs. 572.60 respectively. So far 29804 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 693.95 on 19-May-2026 and a 52 week low of Rs. 440.00 on 02-Mar-2026.
Last one week high and low of the scrip stood at Rs. 620.00 and Rs. 572.60 respectively. The current market cap of the company is Rs. 1726.69 crore.
The promoters holding in the company stood at 66.78%, while Institutions and Non-Institutions held 0.43% and 32.79% respectively.
Jindal Drilling & Industries has received Notification of Award from Oil & Natural Gas Corporation (ONGC) for deployment of rig Jindal Pioneer for a period of 3 years at Effective Day Rate (EDR) of Rs 45.83 lakh equivalent to $47,893.99. Rig Jindal Pioneer is currently under refurbishment and contract is expected to commence in Q3 FY27.
