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United Drilling Tools Clinches Order Worth INR32 Million for Supply of Equipment

-- United Drilling Tools (NSE:UNIDT, BOM:522014), high-technology equipment manufacturer for the oil and gas sector, has secured a new order worth 31.7 million Indian rupees from Vedanta (NSE:VEDL, BOM:500295), according to a Thursday filing to the Indian stock exchanges.

The contract is for the supply of critical oilfield equipment, including tubing, pup joints, and crossovers.

The order is expected to be executed within three to four months.

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

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