Hot Pursuit
Jindal Drilling & Industries Ltd. is currently down 1.21% to Rs 512.35, after recently rising and gaining 3.55% over the last week.
Jindal Drilling & Industries Limited announced that it has received a Notification of Award from Oil & Natural Gas Corporation Limited (ONGC) for the deployment of rig Discovery-I over a three-year period, commencing on an effective date, at an Effective Day Rate (EDR) of Rs 51,99,293.21, equivalent to USD 54,633.36. The contract, awarded by a domestic entity, does not involve any related party transactions and does not include any interest from the promoter/ promoter group / group companies.
Trading volume reached 2.17 lakh shares today, a surge of 94.58% compared to the average volume of the last one week. Jindal Drilling & Industries Ltd. experienced a mild contraction of 10.19% year-over-year, underperforming the 3.81% loss in the NIFTY50 index.