After Re 1/Share Dividend, Stock Set To Split: Small Cap Stock Sets Record Date, Rises 204% In 1-Yr

Small cap company Engineering sector company United Van Der Horst Ltd shares witnessed decline of 1.74% intraday today on BSE. Current market price of United Van Der Horst shares on BSE is Rs 279.00 apiece. Today the company has fixed March 21, 2024 as the record date for stock split. United Van Der Horst stock surged 47% year-to-date and rallied 204% in last 1-year. Check details below:

United Van Der Horst Declares Record Date For Stock Split: As per the regulatory filing of the company dated Feb 27, 2024, "we wish to intimate you that United Van Der Horst Limited ('the Company') has fixed Thursday, March 21, 2024 as 'Record Date' for the purpose of determining the eligibility of shareholders of the Company for Sub-division/Split of each fully and partly paid-up equity share having face value of Rs.10/- (Rupees Ten Only) each be Sub-divided into 2 (Two) fully and partly equity shares having Face value of Rs.5/- (Rupees Five Only), as approved by the shareholders through Postal Ballot on February 24, 2024."

United Van Der Horst Shares Performance & Return: The 52-week high price of United Van Der Horst shares on BSE is Rs 312.55 apiece and 52-week low price is Rs 74.30 apiece, respectively. The company's market cap is Rs 172.31 crore. United Van Der Horst shares gained 76% in last 6-months, soared 280% in last 1-year, zoomed 1079% in last 3-years, and offered gain of 1057% in last 5-years.

United Van Der Horst Financials: The company for the quarter ended December 31, 2023 declared a jump of 35.74% in its net sales to Rs 6.00 crore as against Rs. 4.42 crore in the corresponding quarter of last year. The company for the December 2023 quarter declared its net profit at Rs 0.89 crore, up 144.65% as compared to Rs 0.37 crore in the similar quarter of last year. EBITDA stood at Rs 2.40 crore for December 2023 quarter, up 60% from Rs 1.50 crore in December 2022. Its EPS soared to Rs 1.53 in December 2023 from Rs 0.66 in December 2022.

United Van Der Horst About: Since its inception in 1989, UVDHL a Public Limited Company was formed as a collaboration between the UB Group (India) and Dr. Van Der Horst B.V. (Holland), the company provides Reconditioning, Re-standardizing, Reverse Engineering & Manufacturing services to most of the core sectors such as Marine, Oil Field, Power Plants, Petrochemicals, Mining and other major processing industries by combining the patented 'Porous Krome' and hard chrome plating techniques with highly specialized welding processes, according to its official website.

Disclaimer:

The stock highlights the record date for stock split and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.