Multibagger Heavy Electrical Equipment Stock Jumps 19.65% & Hits 52-Week High as Board is Likely to Announce Stock Split for 2nd Straight Year

DSIJ Intelligence-1 / 24 Sep 2025/ Categories: Bonus and Spilt Shares, Trending

Multibagger Heavy Electrical Equipment Stock Jumps 19.65% & Hits 52-Week High as Board is Likely to Announce Stock Split for 2nd Straight Year

The stock gave multibagger returns of 173 per cent from its 52-week low of Rs 88.65 per share and a whopping 2,125 per cent in 3 years.

United Van Der Horst Ltd inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, September 26, 2025, to consider the following transactions:

  • To consider, discuss and approve the proposal for sub-division/split of the equity shares of the company in such manner as may be determined by the Board of Directors and subject to approval of the Shareholders and such authorities as may be required.

Earlier, the company ex-traded a stock split, dividing each existing Rs 10 equity share into two Rs 5 shares. The ex-date for the stock split was Tuesday, March 26, 2024.

United Van Der Horst, established in 1989, is a joint venture between UB Group (India) and Dr Van Der Horst B.V. (Holland), specialising in reconditioning and manufacturing services for core sectors. They harness patented chrome plating, specialised welding, and various machining techniques to offer reconditioning, re-standardising, reverse engineering, and manufacturing services to industries like marine, oil, power, petrochemicals, and mining. Their impressive clientele includes giants like Mumbai Port Trust, Oil India, Reliance Industries, and Indian Railways.

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In December 2023, promoters bought 3,40,000 shares via conversion of warrants and now promoters own 72.07 per cent stake in the company compared to 70.44 per cent in September 2023. The company has a market cap of Rs 177.90 crore and reported positive numbers in its Quarterly Results and annual results.

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Today, shares of United Van Der Horst Ltd jumped 19.65 per cent and made a new 52-week high of Rs 243 per share from its previous closing of Rs 203.10 per share. The shares of the company saw a spurt in volume by more than 2.64 times on the BSE. The stock gave multibagger returns of 173 per cent from its 52-week low of Rs 88.65 per share and a whopping 2,125 per cent in 3 years.

Disclaimer: The article is for informational purposes only and not investment advice.