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, is pleased to announce that it has received a repeat export order from M/s Trident East Limited, Russia, for the supply of PUMA Connectors.
The repeat order has been placed within a short period following the successful execution and performance evaluation of the Company's initial trial order and represents a substantial increase in order quantity, reaffirming the customer's confidence in UDTL's engineering excellence, product quality, and manufacturing capabilities.
This repeat order is a significant milestone for the Company as it validates the performance and reliability of UDTL's PUMA Connectors under demanding operating conditions. It also marks the successful transition from a trial engagement to a commercial supply relationship, strengthening the Company's position as the only manufacturer in India capable of producing these highly specialized connectors for critical oil and gas applications.
The Company believes that this repeat order is an important step towards establishing a long-term strategic partnership with Trident East Limited and is expected to create opportunities for further business in the Russian market and other international markets. The increased order quantity demonstrates growing customer confidence in the Company's ability to consistently deliver products that meet stringent international technical specifications and quality standards.
The order is expected to be executed within 5-6 months in accordance with the customer's specifications and rigorous quality requirements.
UDTL's advanced manufacturing infrastructure, robust quality assurance systems, and experienced engineering team position the Company to execute the order efficiently while maintaining the highest standards of quality and reliability.
Commenting on the order awarded, Shri Govind Sharma, GM-Global Sales and Marketing said that "Receiving a repeat order with a substantially increased quantity from Trident East Limited is a strong endorsement of the quality, reliability, and performance of our PUMA Connectors. It reflects the trust our international customers place in our engineering capabilities and reinforces our commitment to delivering world-class products to the global oil and gas industry. We believe this order will further strengthen our relationship with the customer and open new avenues for sustained export growth."
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. 228.35 as compared to the previous close of Rs. 232.75. The total number of shares traded during the day was 781 in over 34 trades.
The stock hit an intraday high of Rs. 232.80 and intraday low of 223.65. The net turnover during the day was Rs. 179852.00.