United Drilling Tools Bags Export Order Worth INR20 Million for Supply of Connectors

MT Newswires Live

01/23

United Drilling Tools (NSE:UNIDT, BOM:522014) has secured an export order worth 19.7 million Indian rupees from Singapore-based AH&M Energy Services, according to a Friday filing to the Indian stock exchanges.

The contract is for the supply of leopard dual seal connectors, specialized components used in the oil and gas industry, for the ultimate end user APDS Vietnam. The company expects delivery to be completed within four months.

The company's shares were up 1% in recent trade.

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