Mumbai, March 18 -- Shares of Oil India added 2.10% to Rs 386.10 on the BSE.

The order involves the supply of a heavy-duty, truck-mounted dual-drum hydraulic wireline unit with a PTO (power take-off).

The procurement of these winches, equipped with zone 2 power packs and specialized electrical systems, marks a significant step forward. These winches are specifically designed to operate safely in hazardous environments, such as oil wells with potential explosive gas leaks.

These specialized units will be used for executing complex down-hole operations in oil and gas wells for Oil India and will be delivered over a period of 4-6 months.

This order marks another milestone in the long-standing relationship between United Drilling Tools an...