JI

Jindal Drilling and Industries LtdNSE JINDRILL Stock Report

Last reporting period 31 Mar, 2024

Updated 30 Oct, 2024

Last price

Market cap $B

0.021

Micro

Exchange

XNSE - National Stock Exchange Of India

JINDRILL.NS Stock Analysis

JI

Avoid

Based on Eyestock quantitative analysis, JINDRILL.NS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

15/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-72.1 %

Greatly overvalued

Market cap $B

0.021

Dividend yield

0.08 %

Shares outstanding

28.981 B

Jindal Drilling & Industries Ltd. engages in the provision of services to entities involved in exploration of oil and gas. The company is headquartered in Gurgaon, Haryana and currently employs 665 full-time employees. The firm operates through Drilling and related services segment. The firm offers various services, such as offshore drilling, directional/horizontal drilling, measurement while drilling (MWD) services and mud logging services. The company offers various types of offshore rigs, such as drilling barges, jack-up rigs, submersible rigs, semi-submersible rigs and drill ships. The company owns approximately 10 ready sets of MWD tools, over 80 steerable downhole mud motors, approximately 20 jars and about 90 non-magnetic drill collars. The MWD is a technology used to determine the position of the well by measuring the real time parameters, such as direction, inclination and tool face. The firm operates approximately six Jack-up Rigs, namely Jindal Explorer, Jindal Pioneer, Discovery I, Jindal Star, Virtue I and Jindal Supreme.

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