Rudra Investment Stock Market Expert report says The shares of Jindal Drilling and Industries are going strong in Thursday’s turnover. The company’s stock rose 16.5 percent to Rs 176 per share during the business. The company has settled the $ 3.18 million dispute with $ 9 million including all costs. After this news, the stock of the company rose sharply.

Rs 200 crore settlement in 60 crores

Jindal Drilling & Industries has settled the $ 3.18 million dispute with $ 9 million including all expenses. There was a dispute over the company’s jack-up rig, which has been settled with the respective party. If this case was seen in Indian currency then it was a case of 200 crores rupees. At present, the company has settled it for about Rs 60 crore.

Move on such a Stock Market

Jindal Drilling & Industries shares closed at Rs 152 on Wednesday. On the other hand, the company’s shares open on Thursday at a price of Rs 154. At the same time, shares rose 16.54 per cent to Rs. 176.40 during the trade. In today’s business, the price of Rs 154 is being taken for the stock. At present, the stock is trading at Rs 164. Talking about the past year, the move of the stock is flat. On March 23, 2017, the stock price was 168 rupees.

Learn About The Company

Jindal Drilling & Industries, DP is a part of the Jindal Group drilling division which works in the oil and gas sector. The company has a special experience in its field and is the experience. The company’s client base is also quite strong. In the sense of safety, the company’s income has dropped 67 percent to Rs 35.6 crore. During this period, the company has lost a loss of Rs 2.3 crore.

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