Intraday Price Movements and Market Context
On 10 December 2025, Jindal Drilling & Industries recorded an intraday high of Rs.528.45, representing a 3.56% rise from its previous close. However, the stock also reached an intraday low of Rs.495, a 3% drop, which ultimately became the closing price and established the new 52-week low. This closing price reflects a day change of -1.58%, underperforming its sector by 2.24% on the same day.
In contrast, the Sensex opened flat with a slight decline of 58.79 points but later traded positively at 84,765.01, up 0.12%. The benchmark index remains 1.64% below its 52-week high of 86,159.02 and is trading above its 50-day moving average, which itself is positioned above the 200-day moving average, signalling a generally bullish market trend. Additionally, the BSE Small Cap index gained 0.18%, leading the market segments on the day.
Technical Indicators and Moving Averages
Jindal Drilling & Industries is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This positioning suggests a sustained downward momentum in the stock price over multiple time frames. The gap between the current price and these moving averages indicates that the stock has not yet found technical support levels that might stabilise its price.
This week's disclosed pick, a Large Cap from NBFC, comes with precise Target Price and analysis. Check if you're positioned right for this opportunity!
- - Precise target price set
- - Weekly selection live
- - Position check opportunity
One-Year Performance and Comparison with Benchmarks
Over the past year, Jindal Drilling & Industries has recorded a stock price return of -37.05%, significantly lagging behind the Sensex, which posted a positive return of 3.99% during the same period. The stock's 52-week high was Rs.990.5, indicating a substantial decline from its peak to the current 52-week low of Rs.495.
When compared to the broader BSE500 index, which generated a return of 0.72% over the last year, the stock's performance remains notably weaker. This underperformance is evident despite the company operating within the oil sector, which has seen mixed results amid fluctuating global oil prices and sector-specific dynamics.
Financial Metrics and Profitability Trends
Jindal Drilling & Industries has demonstrated growth in key financial metrics over recent periods. The company’s operating profit has expanded at an annual rate of 55.05%, while net profit has shown a rise of 113.89%. The latest six-month period reveals a profit after tax (PAT) of Rs.198.63 crore, reflecting a growth rate of 153.58%. Net sales for the same period stood at Rs.492.12 crore, increasing by 43.27%.
The operating profit to interest ratio for the quarter reached 43.87 times, indicating a strong capacity to cover interest expenses from operating earnings. Return on equity (ROE) is reported at 18.7%, which is considered attractive within the sector. The company’s price-to-book value ratio is 0.8, suggesting the stock is trading at a discount relative to its book value and peer valuations.
Despite these positive financial indicators, the stock price has not reflected this growth, which may be influenced by other market factors and investor sentiment.
Capital Structure and Shareholding
The company maintains a low average debt-to-equity ratio of 0.07 times, indicating limited reliance on debt financing. This conservative capital structure can be viewed as a strength in managing financial risk.
Domestic mutual funds hold a relatively small stake of 0.57% in Jindal Drilling & Industries. Given their capacity for detailed research and analysis, this modest holding may reflect a cautious stance towards the stock at current price levels or business conditions.
Considering Jindal Drilling & Industries ? Wait! SwitchER has found potentially better options in Oil and beyond. Compare this small-cap with top-rated alternatives now!
- - Better options discovered
- - Oil + beyond scope
- - Top-rated alternatives ready
Summary of Market Position and Valuation
Jindal Drilling & Industries is classified as a small-cap stock within the oil sector. Its market capitalisation grade is rated at 3, reflecting its size relative to other listed companies. The stock’s valuation metrics, including a PEG ratio of 0, indicate that profit growth has outpaced the decline in stock price over the past year.
While the company has reported positive results for six consecutive quarters, the stock price has not mirrored this trend, resulting in a divergence between financial performance and market valuation. This disparity may be influenced by broader sectoral pressures, market sentiment, or other external factors affecting the oil industry.
Conclusion
Jindal Drilling & Industries’ fall to a 52-week low of Rs.495 highlights a period of price weakness despite underlying growth in profitability and sales. The stock’s position below all major moving averages and its underperformance relative to the Sensex and sector peers underscore the challenges it faces in regaining market momentum. Investors and market participants will continue to monitor the company’s financial disclosures and market developments as the stock navigates this phase.
Only for Rs. 14,999 - Get Access to 2 Years + 6 Months of All Premium Features on MarketsMojo. As low as ₹500/month! Claim 83% OFF →
