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.
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.
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204 to 265 Booked 25% today
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235 retraced nicely...if you missed it from 204 dont miss it below 240...Crude chart is extremely bullish and this is also looking super good
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290 Upper Circuit 20%
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320 from 205 zones
I think this is going to be blockbuster stock for this year...Already 100 CR (75CR + 25CR Export) order in hand and many more expected...surprisingly orders for their High Margin Product...