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UNITED VAN DER HORST LTD Dividend 2024 Record Date, Share Price, History

Post Last Updates by Ankit: Monday, February 19, 2024 @ 2:53 PM

UNITED VAN DER HORST LTD Dividend 2024 Record Date, Share Price, History

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News: United Van Der Horst Ltd, a prominent player in the engineering sector, has been making waves in the stock market. In this article, we’ll delve into key aspects of the company, including its dividend history, share price, and upcoming record date.

Dividend Details

1. Record Date: The crucial date for determining eligible shareholders for the interim dividend is Wednesday, February 21, 2024.

2. Dividend History: United Van Der Horst has a track record of rewarding its shareholders through regular dividend payouts. Whether you’re a seasoned investor or a newcomer, understanding the dividend history can provide valuable insights.

Share Price Insights

1. As of February 7, 2024, the United Van Der Horst share price experienced a decline of 4.98%, settling at Rs 282.85.

2. The company’s market capitalization stands at approximately Rs 174.94 Cr, ranking it 76th within the engineering sector.

3. For the year ending March 31, 2023, United Van Der Horst reported a total revenue of Rs 17.27 Cr and earnings of Rs 2.34 Cr on a standalone basis. In the last quarter (ending September 30, 2023), the company achieved an income of Rs 6.16 Cr with a profit of Rs 0.33 Cr.

Key Metrics for Analysis

When evaluating United Van Der Horst’s share price, consider the following metrics:

1. Market Capitalization: Understand the company’s overall value in the stock market.

2. Revenue and Earnings: Analyze financial performance based on revenue and profit figures.

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About UNITED VAN DER HORST LTD :

United Van Der Horst Ltd. (UVDHL), now a part of the Max Spare Group of companies, has a rich history in specialized equipment, diesel engine components, and oil and gas industries. Let’s delve into what makes UVDHL unique:

Reconditioning Excellence

What sets UVDHL apart is their commitment to reconditioning by RESTANDARDIZING, rather than DESTANDARDIZING. This approach ensures that their products maintain high standards and reliability.

Core Competencies

1. Chrome Plating

UVDHL employs advanced chrome plating technologies, including “Porous Krome” and “hard chrome” plating. These techniques enhance the durability and performance of various diesel engine components and hydraulic parts.

2. Honing

Precision honing is a specialty at UVDHL. With self-aligning mechanisms, they achieve close tolerances and high surface finish values. Concentricity and circularity are maintained within 5 to 10 microns.

3. In-Situ Machining

UVDHL dispatches trained teams equipped with specially designed tools for on-site machining. They handle grooves, flanges, hatches, manholes, bores, faces, and mating surfaces.

4. Grinding and Polishing

Three Friedrich Schmaltz-German cylindrical grinding machines, controlled by CNC, ensure precise cylindrical and crankshaft grinding. Polishing services further enhance the quality of their components.

5. Welding

UVDHL’s welding capabilities cover a wide spectrum, including SMAW, SAW, GTAW, MMAW, TIG, and MIG. They excel in welding pressure-containing parts and overlays.

6. Stress Relieving

Their computer-controlled electrical stress-relieving furnace ensures optimal cooling and heating rates. Uniform temperature distribution is maintained using heavy-duty blowers.

7. Machining Facilities

UVDHL boasts a well-equipped, high-precision machine shop with various machines, including horizontal boring machines, center lathes, vertical turret lathes, crankshaft grinding machines, and more.

8. Pressure Testing

They can pressure test equipment up to 21,000 psi using hydraulic or water pressure. Filtration attachments prevent contamination during testing.

9. Inspection Services

UVDHL’s inspection department is skilled in various inspection techniques, including DP, MPI, UT, and radiography. In-house surface cleaning minimizes downtime before inspections.

United Van Der Horst continues to be a dynamic player in the engineering sector. Keep an eye on the upcoming record date and explore the company’s financials to make informed investment decisions. Remember, investment choices should always be made with caution and professional advice.

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