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Jindal Drilling & Industries jumps 3.62% as it secures a 3-year rig deployment contract from ONGC for Rs 45.83 lakh
30-Jul-2026, 12:13
Jindal Drilling & Industries Ltd. is currently up 3.62% to Rs 598.95, although the stock has declined recently, slipping 2.10% over the last one 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 Jindal Pioneer for a period of 3 years, commencing in Q3 FY27. The contract’s Effective Day Rate (EDR) is set at Rs 45,83,215.16, equivalent to USD 47,893.99, and the rig is currently undergoing refurbishment. Trading volume reached 4.1 lakh shares today, a decrease of 21.78% from the one-week average volume. Jindal Drilling & Industries Ltd. edged lower by 5.87% year-over-year, underperforming the 2.3% loss seen in the NIFTY50 index.
Jindal Drilling & Industries Ltd. is currently up 3.62% to Rs 598.95, although the stock has declined recently, slipping 2.10% over the last one 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 Jindal Pioneer for a period of 3 years, commencing in Q3 FY27. The contract’s Effective Day Rate (EDR) is set at Rs 45,83,215.16, equivalent to USD 47,893.99, and the rig is currently undergoing refurbishment. Trading volume reached 4.1 lakh shares today, a decrease of 21.78% from the one-week average volume. Jindal Drilling & Industries Ltd. edged lower by 5.87% year-over-year, underperforming the 2.3% loss seen in the NIFTY50 index.