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United Drilling Tools: Stock jumps 7% after securing first order from Union Venezuela Servicios, C.A

United Drilling Tools Limited has received its first international export order from Union Venezuela Servicios, C.A. The company will supply Gas Lift Valves worth Rs. 9.34 lakh within two months.

Introduction

Leading drilling tools manufacturer secures its first international export order from Venezuela. The company will supply Gas Lift Valves worth Rs. 9.34 lakh, with delivery scheduled within two months.

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Share price movement of United Drilling Tools

On October 16, 2025, United Drilling Tools Ltd opened at ₹192.50, up 0.70% from its previous close of ₹191.15. The stock reached a high of ₹204.50 (7.00%) and a low of ₹192.50. By 4:01 PM, it traded at ₹200.00, a 4.63% increase, with a market cap of ₹406.06 crore.

United Drilling Tools Secures First Export

United Drilling Tools Limited has received its first export order from Union Venezuela Servicios, C.A. The order is for the supply of Gas Lift Valve. The contract value is Rs. 9,34,500.

The order is from an international entity. It is a commercial order with execution planned within two months. There is no promoter or group company interest in the awarding entity.

The company will supply the Gas Lift Valve in the ordinary course of business. This transaction is not a related party transaction. The agreement will be executed at arm’s length.

Recent news on United Drilling Tools

As of October 15, 2025, United Drilling Tools Ltd received its first export order worth Rs. 1.14 crore from Brazil’s Argentera Oil and Gas for casing pipes with multi-start connectors.

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

United Drilling Tools Ltd delivered a -2.26% return over the past week. It declined by -13.5% in the past six months and fell -21.7% over the past year.

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Shareholding pattern of United Drilling Tools

ParticularsSep 2025Jun 2025Mar 2025
Promoter74.70%74.70%74.70%
FII0%0%0%
DII0.00%0.00%0.00%
Public24.90%24.90%25%

About United Drilling Tools

United Drilling Tools Ltd (NSE: UNIDT), incorporated in 1985, manufactures large OD casing connectors, casing pipes, wireline winches, gas lift equipment, and downhole tools for the oil, gas, drilling, and allied industries.

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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.

FAQs

Q: Why is United Drilling Tools Ltd’s share price going up today?

A: United Drilling Tools Ltd’s share price is rising after receiving its first export order from Union Venezuela Servicios, C.A. worth Rs. 9,34,500.

Q: What does United Drilling Tools Ltd specialize in?

A: United Drilling Tools Ltd specializes in manufacturing large OD casing connectors, casing pipes, wireline winches, gas lift equipment, and downhole tools for oil and gas.

Q: What is the market capitalization of United Drilling Tools Ltd?

A: United Drilling Tools Ltd has a market capitalization of Rs. 406.06 crore as of October 16, 2025.

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