United Drilling Tools - Rounding Bottom Management expects FY24 to be promising and start of year they got 72 CR order for Casing Pipes with Connectors where EBITDA margin is 35% Plus.
UNITED DRILLING TOOLS SIGNED LICENSE AGRREMENT WITH INTERPIPE UKRAINE LLC. THEY ARE EXPECTING TO TAP ADDITIONAL BUSINESS WORTH 2 BILLION RUPEES TO 3 BILLION RUPEES PER YEAR WITH THIS ALLIANCE. Full impact of this will be seen in FY25.
Stock can atleast double in next 12 months.