United Drilling Tools Limited Receives Domestic Order of INR 16,61,582 from Shivganga Drillers Limited
United Drilling Tools Limited has secured a new domestic order for the supply of oil and gas industry equipment. The contract was awarded by M/s Shivganga Drillers Limited for the provision of Stabilizer(s).The commercial contract is considered domestic, involving a recognized entity within India. The order is categorized as a standard commercial transaction, and the company confirmed that there is no interest from the promoter or promoter group in this specific deal.
The agreement covers the supply of Stabilizer(s) used in the Oil and Gas Industry and is set for execution within a period of one month.
The estimated value of the contract was reported as INR 16,61,582/- (Rupees Sixteen Lakh Sixty One Thousand Five Hundred Eighty Two Only).
Key details regarding the contract are summarized below:
| Particulars | Details |
|---|---|
| Order Awarding Entity | Shivganga Drillers Limited |
| Product Supplied | Stabilizer(s) (for Oil and Gas Industry) |
| Nature of Order | Commercial |
| Order Source | Domestic entity |
| Estimated Contract Value | INR 16,61,582/- |
| Execution Timeline | 01 Month |
UNIDT Stock Price Movement
As of 2:36 PM, shares of United Drilling Tools Limited are slipping by 4.23% in live trading, currently trading at ₹227.28. The stock has shed ₹10.03 per share, amid a volume of 23,656 shares traded so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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