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United Drilling Tools Secures ₹18 Crore Contract from Oil India, Boosting Shares by 7%
Jul 07, 2025•11 months ago
Contract Type
contract
Description
United Drilling Tools Ltd has successfully secured a work order worth ₹18 crore from Oil India Ltd, leading to a 7 percent rise in their stock. The contract involves the supply of line casing pipes and crossover pipes, aimed to be completed within five months.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months