Jindal Drilling's third quarter net profit jumped by 2.7 times year-on-year to Rs 16.4 crore, sending shares 7 percent higher intraday.
Meanwhile, net sales increased marginally to Rs 206 crore from Rs 200.7 crore during the same period.
At 11:29 hours IST, shares rose 4.71 percent to Rs 247 amid hefty volumes on Bombay Stock Exchange.
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