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United Drilling Tools Limited ( (IN:UNIDT) ) has shared an announcement.
United Drilling Tools Limited has secured a significant contract from Oil and Natural Gas Corporation Limited (ONGC) worth approximately Rs. 4.05 crore for the supply of Gas Lift Valves and Side Pocket Mandrels, among other equipment. The execution of this order within 3-4 months aligns with the company’s ongoing business operations and strengthens its presence in the domestic oil and gas equipment sector.
More about United Drilling Tools Limited
United Drilling Tools Limited operates in the oil drilling equipment manufacturing and services industry, focusing on specialized tools such as Gas Lift Valves, Side Pocket Mandrels, and related equipment for drilling and extraction processes. The company caters primarily to the domestic market in India, delivering essential solutions for the oil and gas sector.
Average Trading Volume: 923
Technical Sentiment Signal: Sell
Current Market Cap: 4.11B INR
For detailed information about UNIDT stock, go to TipRanks’ Stock Analysis page.