Jindal Drilling & Industries Ltd's Stock Outperforms Sector, Shows Potential for Growth
Jindal Drilling & Industries Ltd, a smallcap company in the oil exploration and refineries industry, had a strong start to the day with an 8.42% gain, outperforming the sector by 15.12%. The stock continued to rise, reaching an intraday high of Rs 706, showing potential for growth. MarketsMojo has given a 'Sell' call, based on the company's positive performance and higher stock prices compared to its moving averages and the Sensex. Investors should monitor the company's performance for future investment decisions.
Jindal Drilling & Industries Ltd, a smallcap company in the oil exploration and refineries industry, saw a positive start to the day as its stock opened with a gain of 8.42%. This outperformed the sector by 15.12%, indicating a strong performance by the company.
The stock continued to rise throughout the day, touching an intraday high of Rs 706, which is a 19.42% increase from its opening price. This is a significant jump and shows the potential for growth in the company.
Jindal Drilling & Industries Ltd's stock is currently trading higher than its 5 day, 20 day, 50 day, and 100 day moving averages, which is a positive sign. However, it is still lower than its 200 day moving average.
In comparison to the Sensex, Jindal Drilling & Industries Ltd's stock has performed exceptionally well in the past 1 day and 1 month, with a 15.47% and 8.15% increase respectively. This is significantly higher than the Sensex's performance of 0.40% and 3.35% in the same time periods.
Based on these numbers, MarketsMOJO has given a 'Sell' call for Jindal Drilling & Industries Ltd's stock. This is a neutral and informative recommendation, based on the fact-based style of analysis used by MarketsMOJO. Investors should keep an eye on the company's performance in the coming days to make informed decisions about their investments.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
