United Drilling Tools gets export order from Brazil's Argentera for Petrobras

Export Order Hard CurrencyBusiness Updates View source PDF

UNIDT · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.2%1-day move

₹218.49

prior close

₹218.79

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.2-3.2-0.3-0.1+0.2-2.1-3.2-3.9-3.0+2.0+5.1+2.5——

Up moveDown movePending

AI summary

United Drilling Tools has received an export order from Argentera Oil and Gas, Brazil, to supply Casing Pipe with multi start Connector to Petrobras, Brazil. The contract is valued at about Rs 1.61 crore and is to be executed in 4-5 months. This is a repeat order from the same international client. No promoter or related party interest in the awarding entity.

Likely market impact

Positive - repeat export order from Brazil strengthens international order book. Small in value but signals continued business from Petrobras via Argentera.