India's Jindal Drilling and Industries rises as profit jumps

Jindal Drilling and Industries

18/10/2022 05:22

** Shares of offshore drilling company Jindal Drilling and
Industries Ltd  JNDR.NS  rise as much as 7.07% to 332.40 rupees,
their biggest intraday pct gain since Oct. 13
    ** Co on Monday said its Sept-qtr consolidated profit jumped
nearly nine times to 317.4 million Indian rupees ($3.87 million)
 urn:newsml:reuters.com:*:nFWN31I3H2
    ** Net income from operations rose to 1.38 billion rupees
from 1 billion rupees a year ago
    ** More than 285,000 shares traded by GMT 0410, vs their
30-day avg of 228,551 shares
    ** Stock up 135.64% YTD, as of last close 
($1 = 82.0900 Indian rupees)
 (Reporting by Nishit Navin in Bengaluru)
 ((nishit.navin@thomsonreuters.com;))