United Drilling Tools Ltd Secures Export Order from Trident East Limited in Russia
United Drilling Tools Ltd has secured a commercial export order for its specialized equipment, marking an international business win. The contract was awarded by M/s Trident East Limited of Russia for the supply of 'Puma Connector,' a product used within the Oil and Gas Industry.The agreement details include various significant terms regarding the scope and value of the initial transaction. This order has been categorized as a Trial Order and is directed toward an international entity.
Key details concerning the commercial contract are summarized below:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Trident East Limited, Russia |
| Nature of Contract | Commercial |
| Product Supplied | PUMA-Connector (used in Oil and Gas Industry) |
| Duration for Execution | 30 days |
| Estimated Contract Value | INR 9,53,000 (Rupees Nine Lakh Fifty Three Thousand Only) |
| Promoter/Group Interest | None |
The transaction is confirmed to be commercial in nature and does not involve related party dealings.
UNIDT Stock Price Movement
As of 12:13 PM, shares of United Drilling Tools Limited slip by 1.16% in live trading, currently priced at ₹224 after shedding ₹2.64. The stock traded within its day's range amid a volume of 21,301 shares, with the low recently brushing near ₹215.55.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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