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 an order from Halliburton Offshore Services Inc. (a US-based oilfield services major) for the supply of Casing Pipe with Multi Start Connector (Leopard). The estimated contract value is approximately Rs. 5.64 crores (Rs. 5,63,81,071). The order is international in nature and is to be executed within 4 months. The transaction is in the ordinary course of business, with no related-party interest from promoters or group companies.
This is a small-sized export order (Rs. 5.64 cr) from a globally reputed oilfield services client, which adds to the order book and reinforces international credibility but is unlikely to materially move the stock on its own. Positive sentiment signal given the repeat/quality client association.