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Jindal Drilling & Industries Ltd.

BSE: 511034 Sector: Oil & Gas
NSE: JINDRILL ISIN Code: INE742C01031
BSE 00:00 | 17 May 192.25 8.95
(4.88%)
OPEN

188.15

 HIGH

192.45

 LOW

184.80
NSE 00:00 | 17 May 191.45 9.10
(4.99%)
OPEN

186.35

 HIGH

191.45

 LOW

183.15
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OPEN 188.15
PREVIOUS CLOSE 183.30
VOLUME 8270
52-Week high 273.00
52-Week low 103.60
P/E 11.58
Mkt Cap.(Rs cr) 557
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 188.15
CLOSE 183.30
VOLUME 8270
52-Week high 273.00
52-Week low 103.60
P/E 11.58
Mkt Cap.(Rs cr) 557
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Jindal Drilling & Industries Ltd. (JINDRILL) - Company History

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 jack-up drilling rigs as also mud-logging operations. It re-threads casing pipe on a job-work basis for ONGC and OIL and trades in steel pipes; it also heat-treats cold processes threads and finishes seamless pipes.The company came out with a rights issue in Jan.'94 to part-finance 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.

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