Mumbai, January 23: (Udaipur Kiran). Shares of United Drilling Tools (UDTL) traded higher on Thursday after the company announced that it has secured an export order worth ₹1.97 crore.
The stock was trading at ₹190.15 on the BSE, up ₹2.45 or 1.31 per cent from its previous close of ₹187.70. It opened at ₹201.00 and moved between a high of ₹201.00 and a low of ₹188.60 during the session. Around 402 shares were traded on the counter.
United Drilling Tools has received the export order from AH&M Energy Services, Singapore, for the supply of Leopard Dual Seal Connectors, with APDS Vietnam as the ultimate end user. This is the first time that this specific connector is being supplied from India for the stated application. The company expects to complete delivery within four months.
The Leopard Dual Seal Connector is a highly specialised component used in the oil and gas industry, requiring advanced engineering, precision manufacturing and stringent quality standards. The company said it has developed strong technological capabilities in designing and manufacturing specialised connectors through in-house engineering, proprietary manufacturing processes, advanced material selection and rigorous quality control systems.
The stock has touched a 52-week high of ₹275.00 on February 6, 2025, and a 52-week low of ₹183.95 on January 21, 2026. The company’s current market capitalisation stands at ₹386.06 crore.
Promoters hold a 74.65 per cent stake in the company, while institutional investors hold 0.43 per cent and non-institutional investors own 24.92 per cent.
United Drilling Tools is engaged in the manufacturing of downhole tools, handling tools, gas lift equipment, wireline and well service equipment for the global oil and gas industry.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
