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2025-11-17 12:33:46 pm | Source: Accord Fintech
Jindal Drilling surges on starting operations with ONGC
Jindal Drilling surges on starting operations with ONGC

Jindal Drilling & Industries is currently trading at Rs. 584.80, up by 13.55 points or 2.37% from its previous closing of Rs. 571.25 on the BSE.

The scrip opened at Rs. 575.25 and has touched a high and low of Rs. 584.80 and Rs. 571.50 respectively. So far 4589 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 990.50 on 06-Feb-2025 and a 52 week low of Rs. 532.30 on 20-Oct-2025.

Last one week high and low of the scrip stood at Rs. 584.80 and Rs. 539.80 respectively. The current market cap of the company is Rs. 1690.76 crore.

The promoters holding in the company stood at 64.40%, while Institutions and Non-Institutions held 2.24% and 33.36% respectively.

Jindal Drilling & Industries has commenced operations with Oil and Natural Gas Corporation (ONGC) with the help of jack-up rig ‘Jindal Explorer’, which is taken on charter hire by the company. The company’s contract with ONGC is for period of three years at effective day rate (EDR) of $35,138.71.

Earlier, in May 2025, the company had received Notification of Award from ONGC for deployment of rig ‘Jindal Explorer’.

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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