United Drilling Tools rises on deploying premium connection casing pipes for Oil India
United Drilling Tools is currently trading at Rs. 231.10, up by 2.60 points or 1.14% from its previous closing of Rs. 228.50 on the BSE.
The scrip opened at Rs. 227.30 and has touched a high and low of Rs. 234.50 and Rs. 222.50 respectively. So far 1497 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 255.00 on 04-Jun-2026 and a 52 week low of Rs. 143.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 234.50 and Rs. 209.50 respectively. The current market cap of the company is Rs. 469.21 crore.
The promoters holding in the company stood at 74.65%, while Institutions and Non-Institutions held 0.45% and 24.91% respectively.
United Drilling Tools (UDTL) has successfully supplied and deployed its ‘premium connection’ casing pipes for Oil India (OIL). The successful field performance marks UDTL’s entry into the premium casing and tubing segment, a high-value part of the oilfield equipment market that has, until now, been served largely by a few global and domestic suppliers.
Under a development order from Oil India, UDTL has supplied 7-inch premium production casing totalling 5,000 metres which have been successfully installed and put to use in a gas well at Assam. Premium connections are a more advanced type metal-to-metal seal to remain completely leak-proof and gas-tight even in the most demanding wells, those with very high pressure, high temperature or corrosive conditions, and in deep or highly deviated wells. This successful deployment establishes UDTL as a proven Indian manufacturer of premium connections, moving the company beyond its traditional API-graded product range.
