Rs 280 crore order book: Casing pipes company secures Rs 5,63,81,071 order from Halliburton Offshore Services Inc
DSIJ Intelligence-1 / 22 Aug 2025/ Categories: Mindshare, Trending
The stock is up by 12.3 per cent from its 52-week low of Rs 184.60 per share.
United Drilling Tools Ltd (UDTL) has received an international order from Halliburton Offshore Services Inc. for the supply of a Conductor Wall with Multi Start Connector. The contract, valued at Rs 5,63,81,071, is for the sale of products and is to be executed within a period of four months.
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About the Company
Established in 1985 in Noida, Uttar Pradesh, United Drilling Tools Ltd (UDTL) is a prominent manufacturer specialising in large OD casing pipes with connectors, wireline and well service equipment, gas lift equipment, and downhole tools. UDTL is committed to providing high-quality, competitively priced products that adhere to international ISO and API standards, continuously focusing on improvement and innovation. The company currently holds 32 registered trademarks (24 in India, 8 internationally) and 14 design patents (9 in India, 5 in the UK), with 8 additional patents already received in India.
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The 52-Week High is Rs 294.90 and the 52-Week Low is Rs 184.60. United Drilling Tools Ltd has a market capitalisation of Rs 464 crore and has an order book of Rs 280 crore as of June 16, 2025. On Friday, shares of United Drilling Tools Ltd gained 1.4 per cent to Rs 207.35 per share from its previous closing of Rs 204.50 per share. The stock is up by 12.3 per cent from its 52-week low of Rs 184.60 per share.
Disclaimer: The article is for informational purposes only and not investment advice.