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USHAMARTUsha Martin Limited

Metals · Steel · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

508.40
2.72%
67Decent

Price & Volume

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Key Ratios

Market Cap (₹ cr)15,131.70
P/E30.84
P/B4.59
PEG0.67
ROE %16.23
ROCE %16.70
Debt / Equity0.07
EPS16.12
Revenue Growth %9.30
Profit Growth %45.80
Dividend Yield %0.60
Promoter Holding %27.12
FII Holding %27.40
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

Pullback to 21-EMALONG56%508.40485.00543.251.49
HOLDConviction 76%

The picture

  • Profit growth: 45.8% YoY
  • ROE: 16.2%
  • ROCE: 16.7%
  • RSI: 57
  • Price vs EMA21: above
  • Price vs SMA50: above
  • Pullback to 21-EMA signal (setup quality 56%)

Bull case

  • Profit growth: 45.8% YoY
  • ROE: 16.2%
  • ROCE: 16.7%
  • RSI: 57

Bear case

  • Promoter holding: 27.1%
  • Dividend yield: 0.60%
  • MACD: bearish
  • Trend strength (ADX): 12

Key risks

  • Promoter holding: 27.1%
  • Dividend yield: 0.60%

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

Trade Plan

Entry (CMP)
₹508.40
Stop Loss
₹470.38
risk 7.5%
Target 1 (1.5R)
₹565.44
+11.2%
Target 2 (3R)
₹622.47
+22.4%
Support (20d)
₹460.00
Resistance (52w)
₹527.50
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹38.02/share
ATR (volatility)
₹15.21
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹15.21). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
65
Technical
63
Momentum
74
Risk (safety)
70

Peers — Metals

SHYAMMETL 3.18%
80
JGCHEM 9.82%
77
MBAPL 6.86%
77
LLOYDSME 2.28%
76
GSPCROP 0.47%
74
WELCORP 2.17%
73

About

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.