United Drilling Tools Ltd Secures Order from M/s Baker Hughes Singapore Pte

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 order from M/s Baker Hughes, one of the world's leading energy technology company serving the oil and gas industry, for the supply of Winch Accessories.

The Company has maintained a business relationship with Baker Hughes through the successful supply of other engineering products over the years. Building on this established association, Baker Hughes has now placed a trial order for the Company's winch accessories, marking the first time this product category will be supplied by the Company to Baker Hughes.

This order reflects Baker Hughes' confidence in the Company's manufacturing capabilities, quality standards, and consistent delivery performance. The products will undergo evaluation and testing as part of Baker Hughes' qualification process. Subject to successful performance and approval, the Company believes this order has the potential to pave the way for regular commercial supplies and larger-volume orders for winch accessories in the future, further strengthening its long-term business relationship with this globally recognized energy technology company.

The order is expected to be executed within 30 days in accordance with the customer's specifications and rigorous quality requirements.

Commenting on the order awarded, Shri Govind Sharma, GM-Global Sales and Marketing said that "We are delighted to receive this order from Baker Hughes for our winch accessories. This reflects the confidence our customers have in our engineering capabilities and product quality. Having already established a business relationship with Baker Hughes through other products, we view this as an opportunity to further strengthen our partnership. We remain optimistic that successful testing and qualification of our winch accessories will lead to more substantial orders in the future."

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.

Source : Equity Bulls

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UnitedDrillingTools INE961D01019 OrderWin BakerHughesSingapore