Jindal Drilling And Industries Ltd receives order from Oil & Natural Gas Corporation Ltd

Oil & Natural Gas Corporation Limited (ONGC) has issued Notification of Award to Jindal Drilling And Industries Limited 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.

Shares of Jindal Drilling And Industries Limited was last trading in BSE at Rs. 625.40 as compared to the previous close of Rs. 617.35. The total number of shares traded during the day was 37286 in over 1678 trades.

The stock hit an intraday high of Rs. 633.55 and intraday low of 603.00. The net turnover during the day was Rs. 23226260.00.

Source : Equity Bulls

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JindalDrillingAndIndustries INE742C01031 OrderWin ONGC