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JINDRILL Jindal Drilling and Industries News Story

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India's Jindal Drilling and Industries rises after Q1 profit growth

** Shares of Jindal Drilling and Industries Ltd JNDR.NS rise as much as 5.9% to 674 rupees
** Co reported a 50.7% y/y rise in Q1 consol profit; income from ops grew 48.6%
** Stock on track to gain for third straight day
** More than 803,000 shares traded as of 10:53 a.m. IST, 6.6x their 30-day moving avg
** JNDR last up 3.7%, cutting YTD losses to 17.5%

($1 = 87.6150 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))

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