ONGC issues notification of award for rig Jindal Supreme

Oil and Natural Gas Corporation Limited (ONGC) has issued Notification of Award to the Company for deployment of its rig Jindal Supreme on its subsequent contract for a period of three years at Effective Day Rate (EDR) of USD 86,327.

The current contract of Rig Jindal Supreme with ONGC is at an EDR of USD 39,578.78 and the same is expected to conclude in Q4 FY24.

Shares of Jindal Drilling And Industries Limited was last trading in BSE at Rs. 878.85 as compared to the previous close of Rs. 870.60. The total number of shares traded during the day was 13756 in over 1267 trades.

The stock hit an intraday high of Rs. 891.80 and intraday low of 851.05. The net turnover during the day was Rs. 12095506.00.

Source : Equity Bulls

Keywords

JindalDrillingAndIndustries INE742C01031 ONGC Notification RigDeployment JindalSupreme