225% Jump in 10 Months: Penny Stock Promoters Bought Shares; Stock Split Announced, Stock in Upper Curcuit

This heavy engineering company has given multi-bagger returns to its investors in a very short period. Yesterday it closed at Rs 260 with an upper circuit of 4.99 percent and even today it has a circuit of 5 percent and the share is trading at Rs 273. The stock reached its 52-week high on January 29, 2024. Its 52-week high is Rs 278.80 and its 52-week low is Rs 66.

BSE-listed company United Van Der Horst Ltd (BOM:522091) board has recently announced a stock split. 1 share of the company whose face value is Rs 10. will be divided into 2 new shares, each having a face value of Rs 5. That means after the split the share price will be between Rs 130 to Rs 150. However, the company has not yet announced any record date.

In the December quarter, promoters purchased 340000 shares through warrant conversion. In the last quarter, their stake was 70.44 percent, which has now increased to 72.07 percent. It is a penny company with a market cap of only Rs 161 crore. The company’s December quarter results have not come yet but the company is expected to deliver a good quarter. The company’s last quarterly and annual results have been quite positive.

Stock Surge 225 Percent in 10 Months

PeriodClosingGrowthReturns on ₹10k

The stock has increased by 46.29% in a month, 46.92% in the last six months, 224.92% in the last ten months, and 245.44% within a year, which is a huge increase. In the last 10 months, it has increased investors’ money more than 3 times, that is, if you had invested ₹ 10,000 in it 10 months ago, today the value of those shares would have increased to ₹32,492 and ₹34,544 within a year.

142 Percent Growth in 2023

MonthOpeningClosingGain/ Fall
Total Returns in 2023142.54%

Investors who invested in it in 2023 earned quite well returns. The share price of United Van Der Horst Ltd in January 2023 was ₹77.10 and on the last trading day of the year, it closed at ₹187.00 with a gain of 142.54 percent.

2000 Percent Growth in 5+ Years

In the table below you can check the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 10,000 then what is the value of those Rs 10,000 worth of shares today…

PeriodGrowthReturns on ₹10kCAGR
3Y1069%₹1.17 lakh126.94%
MAX1980%₹2.08 lakh70.95%
  • There has been an increase of 245 percent in a year. If we look at the performance of the last two years, it has seen a rise of 198 percent.
  • In the past three years, it has increased investors’ money by more than 11 times.
  • For investors who invested Rs 10,000 in it five years ago, the value of those ₹10,000 shares has grown to ₹77 thousand today and to ₹2.08 lakh for investors who invested in the listing.
  • The CAGR growth of the stock for the last five years is 50.37 percent and since the listing is 70.95 percent.

Performance from Listing (Year-wise)

YearOpenCloseGain/ Fall

This stock showed tremendous growth in its listing year and gave a return of 233.84% to investors. It then declined by more than 60% over the next 2 years (2019-2020), but has seen a steady rise since 2021, although, in the short term, it has declined by 20 to 30 percent.

United Van Der Horst Limited (UVDHL)
United Van Der Horst Limited (UVDHL)

About the Company

United Van Der Horst Limited (UVDHL), established in 1989, is a pioneer in the heavy mechanical core sectors. It is a collbaration beteen UB Group (India) and Dr. van der Horst BV. (Holland). UVDHL provides reconditioning, reverse engineering, and manufacturing services with patented technologies such as ‘Porous Chrome’ and Hard Chrome plating.

The company provides services like chrome planting, honing, in-situ machining, welding, grinding and polishing, stress relieving, machine facilities, pressure testing, and inspection services.

Their diverse range of innovative products caters to industries such as marine, oil fields, Petrochemicals, Mining, Power Plants, and many more. The company, now part of Max Spare Group, boasts extensive facilities, approved processes, and a customer list comprising major names like Tata, Reliance Industries, Essar, JSW, sail, Mahindra, and ONGC.

United Van Der Horst Limited (UVDHL) Fundamental

Market Cap₹ 161 Cr.
Current Price₹ 260
High / Low₹ 279 / 66.0
Intrinsic Value₹ 110
Book Value₹ 65.1
Face Value₹ 10.0
ROCE8.88 %
ROE6.94 %
PEG Ratio1.99
EPS₹ 3.69
P/B Value4.00
Dividend Yield0.00 %
Stock P/E77.3
Industry PE39.4
OPM31.1 %
Quick Ratio1.14
Debt₹ 26.1 Cr.
Debt to equity0.64
Current liabilities₹ 9.42 Cr.
Current assets₹ 16.2 Cr.
NCAVPS₹ 19.4
Return on Assets3.49 %
Reserves₹ 32.4 Cr.
Cash Equivalents₹ 0.06 Cr.
Inventory₹ 5.42 Cr.
5/5 - (1 vote)

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