United Drilling Tools Limited has informed the Exchange about Awarding of order(s)/contract(s)
UNIDT · price
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United Drilling Tools Limited has received a domestic order from ONGC for the supply of Large OD casing pipe with multi start connector. The order value is INR 10,35,50,000 (approximately Rs. 10.35 crore) and is to be executed within 6 months. The order is awarded in the ordinary course of business and is a commercial, non-export domestic order. No related party involvement has been disclosed.
The order provides revenue visibility for the next 6 months and signals continued business from India's largest oil explorer, ONGC. While the absolute value is modest, it adds to the company's order book in a sector where long-term relationships with PSU clients are valued by investors.