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Jindal Drilling & Industries (BOM:511034) Market Cap

: ₹22,346 Mil (As of Today)
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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Jindal Drilling & Industries's share price for the quarter that ended in Dec. 2023 was ₹738. Jindal Drilling & Industries's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 29 Mil. Therefore, Jindal Drilling & Industries's market cap for the quarter that ended in Dec. 2023 was ₹21,388 Mil.

Jindal Drilling & Industries's quarterly market cap increased from Jun. 2023 (₹9,894 Mil) to Sep. 2023 (₹18,668 Mil) and increased from Sep. 2023 (₹18,668 Mil) to Dec. 2023 (₹21,388 Mil).

Jindal Drilling & Industries's annual market cap increased from Mar. 2021 (₹2,604 Mil) to Mar. 2022 (₹6,916 Mil) and increased from Mar. 2022 (₹6,916 Mil) to Mar. 2023 (₹6,963 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Jindal Drilling & Industries's Enterprise Value for Today is ₹23,360 Mil.


Jindal Drilling & Industries Market Cap Historical Data

The historical data trend for Jindal Drilling & Industries's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jindal Drilling & Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,853.19 1,314.29 2,603.95 6,916.34 6,962.71

Jindal Drilling & Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,524.79 6,962.71 9,894.15 18,668.18 21,388.05

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Jindal Drilling & Industries's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jindal Drilling & Industries Market Cap Distribution

For the Oil & Gas industry and Energy sector, Jindal Drilling & Industries's Market Cap distribution charts can be found below:

* The bar in red indicates where Jindal Drilling & Industries's Market Cap falls into.



Jindal Drilling & Industries Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Jindal Drilling & Industries's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=₹240.25*28.9811
=₹6,963

Jindal Drilling & Industries's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=₹738*28.9811
=₹21,388

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Jindal Drilling & Industries  (BOM:511034) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Jindal Drilling & Industries Market Cap Related Terms

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Jindal Drilling & Industries (BOM:511034) Business Description

Traded in Other Exchanges
Address
5 Pusa Road, 2nd Floor, Gurgaon, HR, IND, 110 005
Jindal Drilling & Industries Ltd is engaged in providing services to entities involved in the exploration of oil and gas. Its brands and services include Jindal Star (ERW Pipes), Power and energy, MSL (Seamless pipes) and drilling services. The company generates a majority of its revenue from drilling services within India.

Jindal Drilling & Industries (BOM:511034) Headlines

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