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Jindal Drilling & Industries Ltd.

BSE: 511034 Sector: Oil & Gas
NSE: JINDRILL ISIN Code: INE742C01031
BSE 15:52 | 16 Jan 201.35 -10.30
(-4.87%)
OPEN

213.15

HIGH

214.85

LOW

200.00

NSE 15:54 | 16 Jan 201.85 -9.15
(-4.34%)
OPEN

213.00

HIGH

214.90

LOW

198.60

OPEN 213.15
PREVIOUS CLOSE 211.65
VOLUME 82488
52-Week high 235.00
52-Week low 137.05
P/E 64.74
Mkt Cap.(Rs cr) 584
Buy Price 201.35
Buy Qty 172.00
Sell Price 0.00
Sell Qty 0.00
OPEN 213.15
CLOSE 211.65
VOLUME 82488
52-Week high 235.00
52-Week low 137.05
P/E 64.74
Mkt Cap.(Rs cr) 584
Buy Price 201.35
Buy Qty 172.00
Sell Price 0.00
Sell Qty 0.00

Jindal Drilling & Industries Ltd. (JINDRILL) - Chairman Speech

Company chairman speech

Dear Shareholders

The extended downturn in the oil sector continues to impact our drilling business forthe third consecutive year. However our existing contracts with ONGC continue to performwith high efficiency and commendable safety standards. We have also been able to meet allour statutory commitments and mandatory industry certification.

Our standing with our stakeholders continues to be high. Besides our commitment tosafety environment and corporate social responsibilities we are strongly motivated tothe Indian Government's "Make in India" programme and have taken severalinitiatives in this field.

Though ONGC remains a strong market for our operations with an existing tender underevaluation and promise of a new tender in the offing JDIL has embarked on developingopportunities to deploy rigs outside ONGC as well. Our Directional Drilling and Mudlogging divisions have also had a good run with ONGC OIL GAIL and GSPC and are wellpoised to take a larger slice of the market share in the upcoming tenders.

Our employees most of whom have grown with the Company are our richest assets. Theyhave stood by us in spite of difficult times and the Company is grateful to theircontributions.

I would also like to extend my sincere gratitude to all board members and ourstakeholders for the continued support.

Thanking you

D P JINDAL