United Drilling Tools wins ₹5 crore ONGC contract, stock reacts 3% upUnited Drilling Tools wins ₹5 crore ONGC contract, stock reacts 3% up

Introduction

Leading oilfield equipment manufacturer receives domestic order from ONGC for Integral Blade Stabilizer supply worth ₹5.03 crore, execution period four to five months.

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Share price movement of United Drilling Tools

On April 16, 2026, United Drilling Tools Ltd opened at ₹202.10, down 0.22% from its previous close of ₹202.55. The stock reached a high of ₹207.90 (2.66%) and a low of ₹199.05. By 14:46, it traded at ₹206.45, a 1.93% increase, with a market cap of ₹419.16 crore.

United Drilling Tools Wins ONGC Order

United Drilling Tools Limited received a domestic order from Oil and Natural Gas Corporation Limited for supply of Integral Blade Stabilizer with accessories in the ordinary course of business.

The contract value is about ₹5.03 crore. The order is to be executed within four to five months, under commercial terms and domestic supply arrangement with ONGC.

Stock performance of United Drilling Tools for period of 1 week, 6 months, and 1 year

United Drilling Tools Ltd delivered a 1-week return of -0.55%, a 6-month return of 4.55%, and a 1-year return of -6.34%.

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Shareholding pattern of United Drilling Tools

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	74.70%	74.70%	74.70%
FII	0.40%	0.40%	0.40%
DII	0.00%	0.00%	0.00%
Public	24.90%	24.90%	24.90%

About United Drilling Tools

United Drilling Tools Ltd (NSE: UNIDT) manufactures oil drilling tools and equipment including casing connectors, downhole tools, and gas lift systems for oil and gas industry.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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