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USHAMARTUsha Martin Limited

Metals · Steel · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Usha Martin Limited, together with its subsidiaries, manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally. The company offers wire ropes, including crane, mining, elevator, oil and offshore, fishing, general engineering, aerial transportation, structural, and forestry ropes, as well as conveyor cord. It also provides spring, welding, fencing, ACSR, needle, mesh, fishhook, CHQ, spoke, and brush wires; LRPC strands comprising compacted, indented, un-bonded polymer coated, bonded polymer LRPC strands; and wire drawing and related machines. In addition, the company offers pre-tensioning, and post-tensioning solutions; pre-stressing solutions; anchorage accessories and equipment, hydraulic jacks, powerpacks, and grout pumps and agitators; and pre-stressing machines and accessories, as well as installation services. Further, it provides optical fiber, aerial cables, micro ducts, hybrid category, FTTH/drop, aerial copper, duct copper, and jelly filled copper cables. The company was formerly known as Usha Beltron Limited and changed its name to Usha Martin Limited in May 2003. The company was founded in 1960 and is based in Kolkata, India.

494.50
0.25%
63Decent

Mkt Cap
₹15,120 Cr
P/E
30.3
P/B
4.5
Div Yield
0.53%
52W High
₹529.30
52W Low
₹379.05

Price & Volume

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Key Ratios

Market Cap (₹ cr)15,119.50
P/E30.30
P/B4.54
PEG0.77
ROE %16.23
ROCE %16.70
Debt / Equity0.07
EPS16.32
Revenue Growth %9.30
Profit Growth %45.80
Dividend Yield %0.53
Promoter Holding %27.12
FII Holding %27.19
DII Holding %
Beta0.20

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on USHAMART — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

HOLDConviction 71%

The picture

  • Profit growth: 45.8% YoY
  • ROE: 16.2%
  • ROCE: 16.7%
  • Price vs SMA200: above
  • Golden cross setup: SMA50 above SMA200
  • Supertrend: bullish

Bull case

  • Profit growth: 45.8% YoY
  • ROE: 16.2%
  • ROCE: 16.7%
  • Price vs SMA200: above

Bear case

  • Promoter holding: 27.1%
  • Dividend yield: 0.53%
  • MACD: bearish
  • Price vs EMA21: below

Key risks

  • Promoter holding: 27.1%
  • Dividend yield: 0.53%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹494.50
Stop Loss
₹473.02
risk 4.3%
Target 1 (1.5R)
₹526.72
+6.5%
Target 2 (3R)
₹558.93
+13.0%
Support (20d)
₹477.80
Resistance (52w)
₹529.30
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹21.48/share
ATR (volatility)
₹13.33
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹13.33). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental65
Technical54
Momentum66
Risk (safety)70

Peers — Metals

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ARIES 1.49%
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