Jindal Drilling & Industries Ltd

Jindal Drilling & Industries Ltd (JINDRILL)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return17.59 %
3 Month Return19.01 %
1 Year Return70.75 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 11
Rank 6
Rank 4
Dividend Yield
Rank 13
Rank 17
Price To Book Ratio
Rank 3
Debt To Asset
Rank 14

Company Information

Promoted by the Jindal group B C Jindal as Jindal Leasing in 1983 Jindal Drilling Industries got its present name in 1989. The company undertakes drilling operations for ONGC on leased jackup drilling rigs as also mudlogging operations. It rethreads casing pipe on a jobwork basis for ONGC and OIL and trades in steel pipes it also heattreats cold processes threads and finishes seamless pipes.The company came out with a rights issue in Jan.94 to partfinance finishing facilities for seamless pipes which are used by its sister concern Maharashtra Seamless and a small part by ONGC and OIL. Seamless pipes find applications in the oil sector the automobile fertiliser chemical and process industries and in the manufacture of bearings.The installed capacity of Threadingend finishing upsetting of Seamless Pipes was 75000 MT till March 2002. The company is planning to change its Registered ofice from Delhi to Maharashtra and the same is subject to approval.
OrganisationJindal Drilling & Industries Ltd
IndustryOil Drill/Allied