United Drilling Tools hits upper circuit on securing order from ONGC

United Drilling Tools is currently trading at upper limit of Rs. 243.05, up by 40.50 points or 20.00% from its previous closing of Rs. 202.55 on the BSE.
The scrip opened at Rs. 205.00 and has touched a high and low of Rs. 243.05 and Rs. 202.00 respectively. So far 60141 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 294.90 on 12-Dec-2024 and a 52 week low of Rs. 184.60 on 09-Jun-2025.
Last one week high and low of the scrip stood at Rs. 243.05 and Rs. 184.60 respectively. The current market cap of the company is Rs. 493.47 crore.
The promoters holding in the company stood at 74.65%, while Institutions and Non-Institutions held 0.43% and 24.92% respectively.
United Drilling Tools (UDTL) has secured a significant order from Oil and Natural Gas Corporation (ONGC), one of India’s most respected Public Sector Undertakings (PSUs) in the oil and gas sector, for the supply of Large Outer Diameter (OD) casing pipes with connector and the order valued at Rs 107.55 crore (including GST) which scheduled to be fulfilled over a period of approximately 9 months.
With the addition of this significant order, the company’s total order book size has now grown to approximately Rs 250 crore-Rs 280 crore. This development reflects the continued confidence the company’s clients place in its capabilities and reaffirms our strong position in the market.
This prestigious order is not only a reaffirmation of UDTL’s strong partnership with ONGC but also a clear endorsement of the company’s stringent quality standards, and customer-focused approach. ONGC’s repeated selection of UDTL over the years is a authentication to the deep trust and satisfaction that the company has consistently delivered through its high-performance products and dependable services.
United Drilling Tools is the leading manufacturer of downhole tools, handling tools, gas lift equipments, wire line & well service equipment in the world.








