United Drilling Tools Ltd receives trial export order

United Drilling Tools Ltd. (UDTL) (BSE - 522014, NSE - UNIDT), a leading manufacturer and prominent supplier in India & abroad of specialized, high-technology equipment for the oil and gas sector, has secured a new trial export order from M/s Trident East Limited, Russia, for the supply of PUMA - Connector.

This order marks a significant milestone for the company as it represents the firstever supply of Puma Connectors from India to Russia. UDTL takes pride in being the only manufacturer in India capable of producing these highly specialized connectors, which are widely used in critical oil and gas industry applications where reliability, performance, and safety are critical. It also reflects the confidence placed by Trident East in the company's engineering expertise, product quality, and manufacturing capabilities.

The successful execution of this trial order is expected to pave the way for a longterm business relationship with the customer and open new opportunities in the Russian market. The company anticipates receiving larger and more valuable orders upon successful completion and performance validation of the supplied connectors.

The company's products are developed to meet stringent international industry standards and are supported by advanced manufacturing processes and rigorous quality control systems. The order is expected to be executed within 1 month, in accordance with Trident's specifications and stringent quality standards.

The engagement with Trident East is the result of extensive technical discussions, product evaluations, and qualification processes, highlighting the company's ability to meet the exacting requirements of international customers operating in the energy sector. The trial order serves as an important step toward establishing a long-term strategic relationship between the two organizations.

Commenting on the order awarded, Shri Govind Sharma, GM-Global Sales and Marketing said that "Receiving this trial order from Trident East is a significant achievement for our company and a testament to our technological capabilities and manufacturing expertise. Being the sole Indian manufacturer of these specialized Puma Connectors positions us uniquely in the global market. We are confident that the successful execution of this order will lead to further business opportunities and strengthen our presence in international markets."

The order reinforces UDTL's commitment to innovation, quality, and expanding its global footprint in the energy sector. The company continues to focus on developing specialized products that meet the stringent requirements of the oil and gas industry worldwide.

Shares of United Drilling Tools Limited was last trading in BSE at Rs. 227.15 as compared to the previous close of Rs. 238.80. The total number of shares traded during the day was 1235 in over 24 trades.

The stock hit an intraday high of Rs. 232.00 and intraday low of 226.90. The net turnover during the day was Rs. 281604.00.

Source : Equity Bulls

Keywords

UnitedDrillingTools INE961D01019 OrderWin Export Trial