Price return has been average, nothing exciting

Performance

Can be considered moderately valued vs the market

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Jindal Drilling Consolidated December 2022 Net Sales at Rs 138.24 crore, up 19.39% Y-o-Y

Jindal Drilling Standalone December 2022 Net Sales at Rs 138.24 crore, up 19.39% Y-o-Y

Jindal Drilling & Industries consolidated net profit declines 27.77% in the December 2022 quarter

Significant increase in rig charter rates provides revenue visibility, better operating leverage and low valuations.

Jindal Drilling - Acquisition Of Rigs, Higher Charter Rates Provides Revenue Visibility: HDFC Securities

Based on the industrial trends and individual performance of companies, HDFC Securities has picked Jindal Drilling & Industries, RACL Geartech, and Vardhman Special Steels for 2-3 quarters

Top fundamental stock picks by HDFC Securities

Jindal Drilling Consolidated September 2022 Net Sales at Rs 137.95 crore, up 37.63% Y-o-Y

“As we are into results season, we will see stock-specific performance due to the actual results. In the midcap space, we like GHCL, Tata Chemicals, Vishnu Chemicals & rice exporting companies like KRBL & LT foods. One can also look at Shree Renuka Sugar LTD, Pennar Industries Ltd, Jindal Drilling a…

ETMarkets Smart Talk: In the result season, go stock-specific in mid & smallcaps: Arpit Jain, Arihant Capital

The above Jack-up Rig Discovery I is currently operating under an existing contract, awarded by ONGC to the Company and is likely to be deployed after refurbishment in the month of February 2023 under the charter hire contract awarded as above.

Jindal Drilling secures contract for deployment of jack-up rig ‘Discovery I’

Jindal Drilling & Industries Ltd has added 4.27% over last one month compared to 1.39% fall in S&P BSE Energy index and 2.18% drop in the SENSEX

Jindal Drilling & Industries Ltd Spikes 3.46%, S&P BSE Energy index Rises 1.48%

The judgment came on ONGC’s appeal against dismissal of its plea by the HC in June 2021 under Section 37 of the Arbitration and Conciliation Act.

Supreme Court allows ONGC plea, makes Jindal Drilling and Industries party to arbitration with Discovery Enterprises | The Financial Express

Jindal Drilling Standalone December 2021 Net Sales At Rs 115.79 Crore, Up 1.75% Y-o-Y

Jindal Drilling & Industries Limited is engaged in drilling and related services. It provides a range of services to companies involved in the exploration of oil and gas.

Jindal Drilling and Industries Ltd