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Jindal Drilling & Industries Ltd Performance

Today's Low
640.35
arrowIcon
Today's High
669.00
52 Wk Low
334.05
arrowIcon
52 Wk High
915.00


Open

645

Traded Value (Cr)

19.03

Prev. Close

655.9

Face Value

5

Volume

290120

Jindal Drilling & Industries Ltd Fundamentals

Market Cap
₹ 1898.77 Cr
P/E Ratio (TTM)
37.12
P/B Ratio
1.39
Debt to Equity
0.17
ROE
11.05
EPS (TTM)
17.65
Dividend Yield
0.08 %
Book Value
470.05

Click here to know more about Fundamentals

Jindal Drilling & Industries Ltd Financials

Jindal Drilling & Industries Ltd Financials

Jindal Drilling & Industries Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 64.25 % 63.40 % 63.40 % 63.40 %
Retail 17.36 % 17.20 % 17.16 % 16.87 %
Others 17.13 % 18.43 % 19.14 % 19.39 %
Mutual Funds 0.84 % 0.70 % 0.00 % 0.00 %
FII 0.42 % 0.27 % 0.30 % 0.34 %

Promoters

64.25%

Retail

17.36%

Others

17.13%

Mutual Funds

0.84%

FII

0.42%

Promoters

63.40%

Retail

17.20%

Others

18.43%

Mutual Funds

0.70%

FII

0.27%

Promoters

63.40%

Retail

17.16%

Others

19.14%

Mutual Funds

0.00%

FII

0.30%

Promoters

63.40%

Retail

16.87%

Others

19.39%

Mutual Funds

0.00%

FII

0.34%

Resistance and Support

₹655.08

PIVOT

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Resistance
First Resistance₹669.817
Second Resistance₹683.733
Third Resistance₹698.467
support-arrow
Support
First Support₹641.167
Second Support₹626.433
Third Support₹612.517

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day24,51014,75853.82
Week290,12017,38710.13
1 Month290,12027,07410.13
6 Months9,134,7834,379,41451.67

About Jindal Drilling & Industries Ltd

Jindal Drilling & Industries Limited promoted by D P Jindal Group was incorporated on 17th October, 1983. The Company is a manufacturer of seamless casing pipes and off-shore oil well drilling activities. The Company is engaged in providing services to entities involved in exploration of Oil & Gas. It undertakes drilling operations for ONGC on leased jack-up drilling rigs, as also mud-logging operations. It re-threads casing pipe on a job-work basis for ONGC and OIL and trades in steel pipes; it also heat-treats, cold processes, threads and finishes seamless pipes. The company came out with a rights issue in Jan.'94 to part-finance finishing facilities for seamless pipes, which are used by its sister concern Maharashtra Seamless -- and a small part by ONGC and OIL. Seamless pipes find applications in the oil sector, the automobile, fertiliser, chemical and process industries and in the manufacture of bearings. The installed capacity of Threading,end finishing & upsetting of Seamless Pipes was 75000 MT till March 2002. The company is planning to change its Registered ofice from Delhi to Maharashtra and the same is subject to approval. During the year 2006, the Company had filed 2 separate Schemes of Arrangement before the Hon'ble High Court for the States of Punjab and Haryana at Chandigarh for the approval of a) the demerger of Casinvest Division into Haryana Capfin Limited. b) the merger of Newsco Newtech Pvt. Ltd. & Discovery Hydrocarbons Pvt. Ltd. with the Company. By orders of Hon'ble High Court dated 27th July 2006, the said Schemes were approved and accordingly, Newsco Newtech Pvt. Ltd. & Discovery Hydrocarbons Pvt. Ltd. amalgamated with the Company and Casinvest Division demerged into Haryana Capfin Limited with effect from the Appointed Date i.e. 1st April, 2005. Further, Casing Pipe Division of the Company was also sold in 2006. Discovery Hydrocarbons Pvt. Ltd. (DHPL) formed a wholly owned subsidiary, namely Discovery Drilling Pte Ltd. (DDPL) in Singapore in April, 2006. Consequent upon scheme of amalgamation as approved by Hon'ble High Court of Punjab & Haryana on 27th July, 2006, DHPL got merged with Company w.e.f. 1st April, 2005. On 2nd February, 2007 DDPL allotted new shares to financial parties and accordingly this wholly owned subsidiary of the Company became joint venture of the Company, wherein the Company holds 49.07% of its Equity Capital. Discovery Hydrocarbons Pvt. Ltd. (DHPL) entered into a Vessel construction agreement (VCA) with Keppel Fels Limited for construction of new premium jack-up Rig and consequent upon scheme of amalgamation as approved by Hon'ble High Court of Punjab & Haryana on 27th July, 2006, DHPL got merged with Company. During the year 2007-08, Company acquired 49% stake in Virtue Drilling Pte Ltd. (VDPL), Singapore and with this acquisition, VDPL became the Joint Venture Company of the Company. During year 2012, the Company commenced operations for 3 sets of directional drilling tools in ONGC Ankleshwar and 1 set of tools for ONGC Ahmedabad, completed 2 wells contract with M/s. Naftogaz India Pvt Ltd., Ahmedabad. During the year 2015-16, the Company was operating one Jack up Rig, sixteen Directional Drilling units along with split units on call and eleven Mud logging units. It commenced operation of another Rig 'Rowan Louisiana' awarded by ONGC in May, 2016. During the year 2018-19, Company operated 2 Jackup Rigs, 6 Directional Drilling sets and 22 Mud Logging units. It purchased a Jack-up Rig 'Discovery-I' at the cost of USD 75 Million from its Joint Venture Company Discovery Drilling Pte. Ltd. During the year 2021-22, Company operated 5 Jackup Rigs, 6 Directional Drilling sets and 22 Mud Logging units.

Managing Director

NA

Founded

1983

NSE Symbol

JINDRILL

Jindal Drilling & Industries Ltd Management

NameDesignation
D P JindalChairman & Non Executive Dir.
Raghav JindalED / MD / Promoter
Vijay KaushikIndependent Non Exe. Director
Saroj BhartiaIndependent Non Exe. Director
R K AgarwalIndependent Non Exe. Director
Sunil AroraIndependent Non Exe. Director
Shiv Kumar SinghalNon-Exec & Non-Independent Dir
Binaya Kumar DashCompany Sec. & Compli. Officer

Jindal Drilling & Industries Ltd News

Jindal Drilling & Industries to conduct AGM
On 28 August 2024
Board of Jindal Drilling & Industries recommends Final Dividend
Of Rs.0.50 per share
Jindal Drilling & Industries reports consolidated net loss of Rs 15.00 crore in the March 2024 quarter
Sales rise 91.65% to Rs 197.92 crore
Jindal Drilling & Industries to convene board meeting
On 21 May 2024
Jindal Drilling rises as board OKs to buy jack-up rig for $75 mln
Jindal Drilling and Industries advanced 2.62% to Rs 628 after its board approved to purchase jack-up rig ‘Jindal Pioneer’ from Discovery Drilling Pte., Singapore at a consideration of $75 million.
Jindal Drilling & Industries consolidated net profit rises 28.43% in the December 2023 quarter
Sales rise 32.42% to Rs 183.06 crore
Jindal Drilling & Industries to declare Quarterly Result
On 29 January 2024
Jindal Drilling & Industries consolidated net profit declines 30.31% in the September 2023 quarter
Sales rise 2.99% to Rs 142.08 crore
Jindal Drilling & Industries schedules board meeting
On 1 November 2023
CRISIL upgrades ratings of Jindal Drilling
Jindal Drilling and Industries (JDIL) said that CRISIL Ratings has upgraded its rating on the long-term bank facilities of the company to 'CRISIL A+/Stable' from 'CRISIL A/Stable'.

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Jindal Drilling & Industries Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Jindal Drilling & Industries Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Jindal Drilling & Industries Ltd's share price is ₹655.90 as of June 13, 2024 at 04:14 PM

Jindal Drilling & Industries Ltd's P/E ratio is 37.12 times as of June 13, 2024 at 04:14 PM.

Jindal Drilling & Industries Ltd's most recent financial reports indicate a price-to-book ratio of 1.39, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Jindal Drilling & Industries Ltd's market is 1,899 Cr as on June 13, 2024 at 04:14 PM.

The current financial records of Jindal Drilling & Industries Ltd show a 11.05% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Jindal Drilling & Industries Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Jindal Drilling & Industries Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Jindal Drilling & Industries Ltd's 52-week high and low as of June 13, 2024 at 04:14 PM are ₹915 and ₹334.05 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Jindal Drilling & Industries Ltd stands at 64.25%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 0.27% to 0.42%.