Jindal Drilling & Industries Ltd today received an order from Oil & Natural Gas Corporation Ltd. (ONGC) worth USD 35,138.71, according to the BSE filing. The company received the work order from the PSU post market hours and shares likely to react tomorrow. Jindal Drilling share price stood at Rs 625.40 per share with intraday gain of 1.30%. The company has a market capitalisation of Rs 1,812.48 crore. Meanwhile, the company has a return on equity (ROE) of 9.86%. The stock plunged 13.37% in last 2-weeks and declined 32.72% in last 3-months. Share price of Jindal Drilling zoomed 130.18% in last 2-years. Check details below:
Jindal Drilling Bags Order From ONGC
According to the exchange filing of the company dated May 07, 2025, “We are pleased to inform you that Oil & Natural Gas Corporation Limited (ONGC) has issued Notification of Award to the Company for deployment of rig Jindal Explorer on its subsequent contract for a period of 3 years at Effective Day Rate (EDR) of USD 35,138.71.” The current contract of Rig Jindal Explorer with ONGC is expected to conclude in Q1 FY26 and subsequent contract is expected to commence in Q3 FY26. The time period by which the order needs to be executed is 3-years.
Jindal Drilling Shares Performance
The 52-week high price of Jindal Drilling shares on BSE is Rs 990.50 per share (as on 06/02/2025) and 52-week low price is Rs 519.90 per share (as on 04/06/2024), respectively. Jindal Drilling shares slipped 21.16% year-to-date, gained 203.4% in last 3-years, and offered stunning returns of 1090.10% in last 5-years.
Jindal Drilling Financials Compared With Peers
The company declared its profit after tax (PAT) at Rs 48.75 crore for December 2024 quarter. In comparison, DEEPINDS reported a PAT of Rs 32.73 crore, ABAN announced a PAT of Rs -3.49 crore, and DOLPHIN declared a PAT of Rs 2.76 crore.
Jindal Drilling Dividend History
Jindal Drilling & Industries recommended 21 dividends since 2004. In last 1-year, it announced an equity dividend of Re 0.50 per share, according to Trendlyne.
Jindal Drilling Bonus Share History
Jindal Drilling declared bonus share once since 2004. Its last bonus issue announced in the proportion of 1:1 with ex-date set as January 1, 2004.
Jindal Drilling Stock Split History
Jindal Drilling split the face value of its share once since 2008. It last split the face value of its shares from Rs 10 to Rs 5 in 2008.The share traded ex-split as on November 6, 2008.
Disclaimer: The story highlights order win and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
Recommended: PNB Announces Rs 2.90/Sh Dividend, 51.7% Jump In Net Profit; Buy?
Leave a Reply