Jindal Drilling rises as board OKs to buy jack-up rig for 75 mln - Business Standard

JINDRILL   853.95  59.90  7.54%   
About 55% of Jindal Drilling's institutional investors are presently thinking to get in. The analysis of overall sentiment of trading Jindal Drilling And stock suggests that some investors are interested at this time. Jindal Drilling's investing sentiment shows overall attitude of investors towards Jindal Drilling And.
Jindal Drilling stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Jindal daily returns and investor perception about the current price of Jindal Drilling And as well as its diversification or hedging effects on your existing portfolios.
  
Jindal Drilling rises as board OKs to buy jack-up rig for 75 mln Business Standard

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Jindal Drilling Fundamental Analysis

We analyze Jindal Drilling's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jindal Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jindal Drilling based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Return On Equity

Return On Equity Comparative Analysis

Jindal Drilling is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Jindal Drilling And Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Jindal Drilling stock to make a market-neutral strategy. Peer analysis of Jindal Drilling could also be used in its relative valuation, which is a method of valuing Jindal Drilling by comparing valuation metrics with similar companies.

Peers

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Other Information on Investing in Jindal Stock

Jindal Drilling financial ratios help investors to determine whether Jindal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jindal with respect to the benefits of owning Jindal Drilling security.