South West Pinnacle Exploration Ltd Company background
Founded in: 2006
Managing director: Vikas Jain
South West Pinnacle Exploration Limited was originally incorporated as South West Pinnacle Exploration Private Limited at New Delhi, as a Private Limited Company on November 27, 2006. The Company was converted into a Public Limited Company, following the change in name to South West Pinnacle Exploration Limited on November 17, 2017.Vikas Jain and Piyush Jain are the Promoters of the Company. South West Pinnacle is an ISO 9001:2015 certified company, it is providing end to end drilling, exploration and allied services to coal, ferrous, non ferrous, atomic and base metal mining industries and water unconventional energy industries. It also provides consultancy for geological field services and allied services. Presently, the Company has 37 operational rigs and support equipment of different capacities to drill upto a depth of 2500 meters. It provides consultancy for geological field services and allied services. It has inhouse team of geoscientists for providing integrated exploration services including geophysical logging, surface geophysical topographic surveys. The Company has recently diversified into aquifer mapping for Hydrogeological organisations in India for determining the quantity and quality of groundwater in a particular area, viz., water level, productivity and concentration of various chemicals in groundwater. This helps in identifying zones for groundwater development, groundwater recharge, rainwater harvesting etc. It further has forayed into Horizontal Directional Drilling recently through our subsidiary and has plans to foray into work over rig services. The Company came up with a Public Issue of 45,96,800 Equity Shares through Fresh Issue in February, 2018. The Company entered into the domain of Siesmic data collection and processing in 2018. In FY 201819, it drilled over 3 lac meters in different domains like Coal Mineral, CBM, Shale Gas, Aquifer mapping etc.M/s Pilot Pipelines Private Ltd became thewholly owned subsidiary of the Company w.e.f 05 July, 2019. The Company acquired the 35% Share (52,500 Equity shares) of Alara Resources LLC, Muscat, Oman, in terms of Joint Venture Agreement with Alara Oman Operations Pty Ltd, Australia to carry on the business of exploration in the region of Oman through Alara Resources LLC with JV partner.In 201920, the Company drilled over 4 lac meters in different domains like Coal Mineral, CBM, Shale Gas, Aquifer mapping etc. In 202122, the Company completed more than 2.1 Millionmeters of drilling. Besides, it also completed 464 Sq Kilometer of 3D and 407 Line kilometer of 2D Seismic data acquisition and processing. It completed 110 projects out of which 8 projects were completed during FY 2122. Further, the Company introduced six new clients from private/public sector recently with addition of 3 new domains of exploration and drilling namely Geo Thermal, Unconventional Oil Gas and Underground Core Drilling for Copper and Gold Exploration.
What is the current share price of South West Pinnacle Exploration Ltd today on both NSE and BSE?
South West Pinnacle Exploration Ltd shares are currently priced at 103.53 on NSE and 103.5 on BSE as of 8/14/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has South West Pinnacle Exploration Ltd [SOUTHWEST] shares performed in the past ?
The past 1-year return of South West Pinnacle Exploration Ltd [SOUTHWEST] share was -21.05. The South West Pinnacle Exploration Ltd [SOUTHWEST] share hit a 1-year low of Rs. 98.1 and a 1-year high of Rs. 188.2.
What is the market cap of South West Pinnacle Exploration Ltd [SOUTHWEST] ?
The market cap of South West Pinnacle Exploration Ltd is Rs. 292.58 Cr. as of 8/14/2024 12:00:00 AM.
What is the current P/E ratio of South West Pinnacle Exploration Ltd [SOUTHWEST] share price ?
The PE ratios of South West Pinnacle Exploration Ltd is 33.59 as of 8/14/2024 12:00:00 AM.
What is the current PB ratio of South West Pinnacle Exploration Ltd [SOUTHWEST] share price ?
The PB ratios of South West Pinnacle Exploration Ltd is 2.35 as of 8/14/2024 12:00:00 AM
How can I buy South West Pinnacle Exploration Ltd shares?
You can easily buy South West Pinnacle Exploration Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.