Jindal Explorer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Credit: Jindal Indian oil and gas company ONGC has chartered a jack-up drilling rig from the Indian offshore drilling contractor Jindal Drilling & Industries. Jindal said this week that the ONGC had sent a letter of award for the charter hire of the jack-up drilling unit Jindal Explorer. The contract is for a period of three years. The drilling firm did not share the value of the contract. The Jindal Explorer jack-up is a rig of Keppel's KFELS B design, delivered in late 2014. It is capable of operating in water depths of 350 feet (~107 meters) and drilling down to 30,...

Here are the top stocks that are likely to sway the markets today: Results today: A total of 25 firms are slated to post their March quarter numbers today, including Hero MotoCorp, Tata Consumer, Adani Power, Blue Star, Hikal, Icra and Raymond. HeroMoto Corp, slated to report its March quarter results (Q4FY21) on May 6, is expected to post nearly 60 per cent year-on-year growth in earnings before interest, tax, depreciation, and amortization (Ebitda) aided by healthy sales volume and low base effect. However, price hikes taken due to BS-VI transition and to off-set increase in input costs ma...

Jindal Drilling & Industries jumped 6.34% to Rs 98.05 after the company said it has received letter of award (LoA) from Oil and Natural Gas Corporation (ONGC). The LoA is for charter hire of offshore drilling rig Jindal Explorer for contract period of 3 years. Jindal Drilling & Industries is engaged in providing services to entities involved in exploration of oil and gas. The company reported a consolidated net loss of Rs 16.45 crore in Q3 FY21 as compared to a net loss of Rs 8.01 crore in Q3 FY20. Net sales 127.96% YoY to Rs 113.80 crore during the quarter. Powered by Capital Market - Live ...

E had mentioned in the Tuesday’s closing report that Nifty, Sensex were under pressure. On Wednesday, the indices rallied and closed with decent gains.