Oil Drill/Allied Sector Stocks

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Oil Drill/Allied Sector Companies List

Company Name LTP Volume % Change 52 week High 52 week Low Market Cap (in Cr)
Aakash Exploration Services Ltd 8.87 49256 -0.22 13.79 7.06 89.8
Dolphin Offshore Enterprises (India) Ltd 338.05 128101 1.55 608 201 1352.4
Jindal Drilling & Industries Ltd 500.55 283295 -1.68 990.35 493.7 1450.6

Frequently Asked Questions

What is the oil drill & allied sector in India?  

It includes companies engaged in oilfield services, drilling, and exploration support.

Why is the oil drill & allied sector important?  

It supports crude oil and gas production for India’s energy needs.

Which industries are linked to this sector?  

Linked industries include oil & gas, energy, and petrochemicals.

What drives growth in this sector?  

Growth is driven by exploration activities and rising fuel demand.

What challenges does this sector face? 

Challenges include high capital costs, safety risks, and price volatility.

How big is this sector in India? 

It is a specialised but crucial part of the oil and gas industry.

What is the future outlook for this sector? 

Outlook is stable with energy demand and offshore expansion.

Who are the major players in this sector?  

Players include drilling service providers and oilfield contractors.

How does government policy impact this sector?  

Policy impacts through exploration licences and energy reforms.

Q2FY23
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