United Drilling Tools - Niche Company

38
The stock is proxy to play Crude Oil. WTI Crude looks good for LONG in medium term after hitting low of around 87$. Looks like it is posied to move towards 112$.
The company is involved in manufacturing drilling of oil & gas equipments.

Keep an eye on 375 levels for tomorrow and if stays above it will see 425 435 levels in coming weeks.

Managment has given Revenue guidance of 500 CR Sales for 2025.

Ashish Kacholia Shareholding:-
Dec 2021: 2.58
March 2022: 2.63
June 2022: 2.81

He is adding shares gradually and wouldnt be suprised increased numbers in coming quarters.

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