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- USHAMART
USHAMART
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Share Price
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Forensics
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- 6M
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Summary
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Revenue Mix
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Revenue Mix
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Recent events
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News
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Corporate Actions
Usha Martin Dec-Quarter Consol Net Profit 925.7 Mln Rupees
Jan 29 (Reuters) - Usha Martin Ltd USBL.NS:
DEC-QUARTER CONSOL NET PROFIT 925.7 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.61 BILLION RUPEES
Source text: ID:nnAPN2LJ6TQ
Further company coverage: USBL.NS
(([email protected];;))
Jan 29 (Reuters) - Usha Martin Ltd USBL.NS:
DEC-QUARTER CONSOL NET PROFIT 925.7 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.61 BILLION RUPEES
Source text: ID:nnAPN2LJ6TQ
Further company coverage: USBL.NS
(([email protected];;))
Usha Martin Says Unit Enters Agreement To Acquire 2.02% Stake In Usha Siam Steel Industries Public Co
Dec 6 (Reuters) - Usha Martin Ltd USBL.NS:
UNIT ENTERS AGREEMENT TO ACQUIRE 2.02% STAKE IN USHA SIAM STEEL INDUSTRIES PUBLIC CO
COST OF ACQUISITION APPROX. BAHT 14.25 MILLION
Source text: ID:nBSE4pCj4d
Further company coverage: USBL.NS
(([email protected];;))
Dec 6 (Reuters) - Usha Martin Ltd USBL.NS:
UNIT ENTERS AGREEMENT TO ACQUIRE 2.02% STAKE IN USHA SIAM STEEL INDUSTRIES PUBLIC CO
COST OF ACQUISITION APPROX. BAHT 14.25 MILLION
Source text: ID:nBSE4pCj4d
Further company coverage: USBL.NS
(([email protected];;))
Usha Martin Sept-Quarter Consol Net Profit 1.10 Bln Rupees
Nov 6 (Reuters) - Usha Martin Ltd USBL.NS:
SEPT-QUARTER CONSOL NET PROFIT 1.10 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 8.91 BILLION RUPEES
Source text: ID:nNSE9L85vQ
Further company coverage: USBL.NS
(([email protected];;))
Nov 6 (Reuters) - Usha Martin Ltd USBL.NS:
SEPT-QUARTER CONSOL NET PROFIT 1.10 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 8.91 BILLION RUPEES
Source text: ID:nNSE9L85vQ
Further company coverage: USBL.NS
(([email protected];;))
Usha Martin Gets Tax Order For Penalty Of 53.5 Mln Rupees
Oct 25 (Reuters) - Usha Martin Ltd USBL.NS:
GOT TAX ORDER FOR PENALTY OF 53.5 MILLION RUPEES
Source text for Eikon: ID:nBSE4tm5kt
Further company coverage: USBL.NS
(([email protected];;))
Oct 25 (Reuters) - Usha Martin Ltd USBL.NS:
GOT TAX ORDER FOR PENALTY OF 53.5 MILLION RUPEES
Source text for Eikon: ID:nBSE4tm5kt
Further company coverage: USBL.NS
(([email protected];;))
India's Usha Martin hits record peak on 19-year high volumes
** Shares of Usha Martin USBL.NS rise as much as 18.2% to a record high of 433.80 rupees
** Overall, 28.8 mln shares of the wire rope manufacturer traded, 31.5X 30-day avg; their highest volumes in over 19 years
** About 245,420 shares traded in a block deal at an 8.7% premium to Thursday's close - LSEG data
** Reuters could not immediately ascertain the reason behind day's move
** Relative strength index rises to 72.4, suggesting stock might be overbought
** USBL stock up ~44% YTD, of which ~21% gains were registered this week
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Usha Martin USBL.NS rise as much as 18.2% to a record high of 433.80 rupees
** Overall, 28.8 mln shares of the wire rope manufacturer traded, 31.5X 30-day avg; their highest volumes in over 19 years
** About 245,420 shares traded in a block deal at an 8.7% premium to Thursday's close - LSEG data
** Reuters could not immediately ascertain the reason behind day's move
** Relative strength index rises to 72.4, suggesting stock might be overbought
** USBL stock up ~44% YTD, of which ~21% gains were registered this week
(Reporting by Vijay Malkar)
(([email protected];))
Usha Martin Dividend 2.75 Rupees Per Share
April 26 (Reuters) - Usha Martin Ltd USBL.NS:
DIVIDEND 2.75 RUPEES PER SHARE
USHA MARTIN MARCH-QUARTER CONSOL NET PROFIT 1.06 BILLION RUPEES VERSUS PROFIT 1.05 BILLION RUPEES
USHA MARTIN MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 8.29 BILLION RUPEES VERSUS 8.55 BILLION RUPEES
Source text for Eikon: ID:nNSEfb25V
Further company coverage: USBL.NS
(([email protected];;))
April 26 (Reuters) - Usha Martin Ltd USBL.NS:
DIVIDEND 2.75 RUPEES PER SHARE
USHA MARTIN MARCH-QUARTER CONSOL NET PROFIT 1.06 BILLION RUPEES VERSUS PROFIT 1.05 BILLION RUPEES
USHA MARTIN MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 8.29 BILLION RUPEES VERSUS 8.55 BILLION RUPEES
Source text for Eikon: ID:nNSEfb25V
Further company coverage: USBL.NS
(([email protected];;))
Usha Martin Names Abhijit Paul As CFO
March 27 (Reuters) - Usha Martin Ltd USBL.NS:
NAMES ABHIJIT PAUL AS CFO
CFO ANIRBAN SANYAL RESIGNS
Source text for Eikon: ID:nBSE2MN44c
Further company coverage: USBL.NS
(([email protected];))
March 27 (Reuters) - Usha Martin Ltd USBL.NS:
NAMES ABHIJIT PAUL AS CFO
CFO ANIRBAN SANYAL RESIGNS
Source text for Eikon: ID:nBSE2MN44c
Further company coverage: USBL.NS
(([email protected];))
India's Usha Martin up after Societe Generale buys co's shares
** Shares of India's Usha Martin USBL.NS up as much as 2.63% at 288.7 rupees
** Societe Generale buys 1.7 mln shares of wire manufacturer at 279.99 rupees apiece, as per exchange data
** Stock trading above 50-day, 100-day and 200-day simple moving averages, indicating bullish trend
** YTD stock has risen ~67%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's Usha Martin USBL.NS up as much as 2.63% at 288.7 rupees
** Societe Generale buys 1.7 mln shares of wire manufacturer at 279.99 rupees apiece, as per exchange data
** Stock trading above 50-day, 100-day and 200-day simple moving averages, indicating bullish trend
** YTD stock has risen ~67%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
India's Usha Martin hits record high on bulk deal; remains overbought
** Shares of Usha Martin USBL.NS rise as much as 5.07% to a record high of 285 rupees
** Motilal Oswal Mutual Fund (MOSTF30) bought 1.85 mln shares at 270.12 rupees apiece, bulk deal data on NSE shows
** Stock's relative strength index above 70 since June 7, indicating that the stock is overbought
** USBL's MACD line has been above the signal line since June 6, indicating bullish momentum
** Trading volume is ~633,000 shares as of 10:55 a.m. IST, 0.6x the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Usha Martin USBL.NS rise as much as 5.07% to a record high of 285 rupees
** Motilal Oswal Mutual Fund (MOSTF30) bought 1.85 mln shares at 270.12 rupees apiece, bulk deal data on NSE shows
** Stock's relative strength index above 70 since June 7, indicating that the stock is overbought
** USBL's MACD line has been above the signal line since June 6, indicating bullish momentum
** Trading volume is ~633,000 shares as of 10:55 a.m. IST, 0.6x the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
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Popular questions
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Business
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Shareholdings
What does Usha Martin do?
Usha Martin Limited, established in 1960, is a world-leading manufacturer of wire ropes with facilities in multiple countries. Their state-of-the-art infrastructure and global R&D center focus on designing top-quality wire ropes.
Who are the competitors of Usha Martin?
Usha Martin major competitors are Gallantt Ispat, Lloyds Enterprises, Mishra Dhatu Nigam, Sunflag Iron & Steel, Kalyani Steels, Welspun Special.Soln, Sarda Energy&Min.. Market Cap of Usha Martin is ₹9,484 Crs. While the median market cap of its peers are ₹5,513 Crs.
Is Usha Martin financially stable compared to its competitors?
Usha Martin seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Usha Martin pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Usha Martin latest dividend payout ratio is 19.76% and 3yr average dividend payout ratio is 20.81%
How has Usha Martin allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Usha Martin balance sheet?
Balance sheet of Usha Martin is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Usha Martin improving?
The profit is oscillating. The profit of Usha Martin is ₹394 Crs for TTM, ₹424 Crs for Mar 2024 and ₹350 Crs for Mar 2023.
Is the debt of Usha Martin increasing or decreasing?
Yes, The debt of Usha Martin is increasing. Latest debt of Usha Martin is ₹192 Crs as of Sep-24. This is greater than Mar-24 when it was -₹25.14 Crs.
Is Usha Martin stock expensive?
Yes, Usha Martin is expensive. Latest PE of Usha Martin is 22.98, while 3 year average PE is 18.55. Also latest EV/EBITDA of Usha Martin is 15.89 while 3yr average is 12.62.
Has the share price of Usha Martin grown faster than its competition?
Usha Martin has given better returns compared to its competitors. Usha Martin has grown at ~44.23% over the last 7yrs while peers have grown at a median rate of 16.18%
Is the promoter bullish about Usha Martin?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 43.89% and last quarter promoter holding is 43.48%.
Are mutual funds buying/selling Usha Martin?
The mutual fund holding of Usha Martin is increasing. The current mutual fund holding in Usha Martin is 8.36% while previous quarter holding is 7.32%.