Usha Martin

Market Cap: Small Cap
Industry: Iron & Steel Products
ISIN: INE228A01035
NSEID: USHAMART
BSEID: 517146

INR

446.20

-1.75 (-0.39%)

BSENSE

Dec 19

BSE+NSE Vol: 3.31 lacs

{
  "main_header": {
    "sid": 604024,
    "name": "Usha Martin",
    "stock_name": "Usha Martin",
    "full_name": "Usha Martin Ltd",
    "name_url": "stocks-analysis/usha-martin",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "446.20",
    "chg": -1.75,
    "chgp": "-0.39%",
    "dir": -1,
    "prev_price": "447.95",
    "mcapval": "13,593.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 517146,
    "symbol": "USHAMART",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE228A01035",
    "curr_date": "Dec 19",
    "curr_time": "",
    "bse_nse_vol": "3.31 lacs",
    "exc_status": "Active",
    "traded_date": "Dec 19, 2025",
    "traded_date_str": "2025 12 19",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/usha-martin-604024-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Usha Martin Technical Momentum Shifts Amid Mixed Indicator Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/usha-martins-technical-momentum-shifts-amid-mixed-indicator-signals-3763338",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/UshaMartin_technicaldot_3763338.png",
        "date": "2025-12-19 08:06:56",
        "description": "Usha Martin, a key player in the Iron & Steel Products sector, has experienced a nuanced shift in its technical momentum, reflecting a complex interplay of indicator signals. Recent market data reveals a transition from a bullish to a mildly bullish trend, with mixed signals from MACD, RSI, moving averages, and other technical tools shaping investor sentiment."
      },
      {
        "title": "Usha Martin Technical Momentum Shifts Signal Market Interest Amid Iron & Steel Sector Trends",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/usha-martins-technical-momentum-shifts-to-bullish-amid-strong-long-term-returns-3760705",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/UshaMartin_technicaldot_3760705.png",
        "date": "2025-12-17 08:09:18",
        "description": "Usha Martin, a key player in the Iron & Steel Products sector, has exhibited notable shifts in its technical momentum, reflecting evolving market dynamics. Recent assessment changes highlight a transition in technical indicators, suggesting a nuanced outlook for investors amid broader sector movements and benchmark comparisons."
      },
      {
        "title": "Usha Martin’s Market Assessment Shifts Amid Strong Financials and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/usha-martin-upgraded-to-buy-by-marketsmojo-on-strong-technical-and-financial-performance-3760638",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/UshaMartin_mojoScore_3760638.png",
        "date": "2025-12-17 08:02:34",
        "description": "Usha Martin, a key player in the Iron & Steel Products sector, has experienced a notable shift in market assessment driven by evolving technical indicators, robust financial performance, valuation considerations, and recent trends in company fundamentals. This article analyses the factors influencing the revised evaluation of the stock, providing investors with a comprehensive understanding of its current standing."
      },
      {
        "title": "Why is Usha Martin falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-usha-martin-fallingrising-3759006",
        "imagepath": "",
        "date": "2025-12-16 00:30:23",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Strong Price Performance Amid Market Benchmarks</strong></p>\n<p>Usha Martin’s stock has demonstrated remarkable resilience and growth compared to broader market indices. Over the past week, the share price surged by 10.48%, significantly outperforming the Sensex’s marginal 0.13% gain. Year-to-date, the stock has appreciated by 22.75%, more than double the Sensex’s 9.05% rise. This outperformance extends over longer horizons as well, with the company delivering a 16.27% return in the last year against the Sensex’s 3.75%, and an extraordinary 246.28% gain over three years compared to the benchmark’s 37.89%. Such sustained growth highlights the stock’s strong fundamentals and investor appeal.</p>\n<p><strong>Technical Indicators and Trading Activity Support Uptrend</strong></p>\n<p>On the day in ..."
      },
      {
        "title": "Usha Martin’s Evaluation Revised Amid Mixed Financial and Market Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/marketsmojo-downgrades-usha-martin-from-buy-to-hold-on-20-nov-2025-3733078",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/UshaMartin_mojoScore_3733078.png",
        "date": "2025-11-27 10:06:18",
        "description": "Usha Martin, a key player in the Iron & Steel Products sector, has experienced a revision in its market evaluation reflecting a nuanced shift in its financial and technical outlook. This adjustment comes amid a backdrop of strong operational metrics tempered by valuation concerns and recent market performance."
      },
      {
        "title": "Is Usha Martin technically bullish or bearish?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-usha-martin-technically-bullish-or-bearish-3719673",
        "imagepath": "",
        "date": "2025-11-21 08:26:03",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Overview of Usha Martin’s Technical Trend</strong></p>\n<p>As of 20 Nov 2025, Usha Martin’s technical trend shifted from a clear bullish stance to a mildly bullish one. This subtle change indicates that while the stock retains upward momentum, the intensity of buying pressure has softened. Investors should note this transition as it may signal a period of consolidation or cautious optimism rather than aggressive gains.</p>\n<p><strong>Key Technical Indicators: Mixed Signals</strong></p>\n<p>Examining the Moving Average Convergence Divergence (MACD), a widely respected momentum indicator, Usha Martin shows bullish signals on both weekly and monthly charts. This suggests that the underlying momentum remains positive over medium and longer-term horizons, supporting the mildly bullish trend.</p>\n<p..."
      },
      {
        "title": "Usha Martin Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/usha-martins-technical-momentum-shifts-to-mildly-bullish-amid-market-volatility-3719686",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/UshaMartin_technicaldot_3719686.png",
        "date": "2025-11-21 08:05:35",
        "description": "Usha Martin, a key player in the Iron & Steel Products sector, has experienced a notable shift in its technical momentum, reflecting a nuanced market assessment. Recent evaluation adjustments highlight a transition from a bullish to a mildly bullish trend, with mixed signals from key technical indicators such as MACD, RSI, and moving averages, underscoring the complexity of its current price action."
      },
      {
        "title": "How has been the historical performance of Usha Martin?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-usha-martin-3718838",
        "imagepath": "",
        "date": "2025-11-20 22:42:31",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Trends</strong></p>\n<p>Over the seven-year period ending March 2025, Usha Martin’s net sales have shown a commendable upward trend, rising from ₹2,488.25 crores in 2019 to ₹3,474.16 crores in 2025. This growth reflects a compound annual increase supported by expanding market demand and operational scale. The company’s operating profit margin, excluding other income, has also improved notably, reaching 17.19% in 2025 compared to 12.66% in 2019, indicating enhanced operational efficiency and cost management.</p>\n<p>Operating profit (PBDIT) excluding other income rose from ₹315.07 crores in 2019 to ₹597.06 crores in 2025, underscoring the company’s ability to convert higher sales into substantial earnings before interest and taxes. Despite fluctuations in raw material ..."
      },
      {
        "title": "Is Usha Martin overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-usha-martin-overvalued-or-undervalued-3700126",
        "imagepath": "",
        "date": "2025-11-14 08:10:14",
        "description": "As of 13 November 2025, Usha Martin's valuation grade has moved from very expensive to expensive, indicating a slight improvement in perceived value but still reflecting a high valuation. The company is currently considered overvalued. Key ratios include a PE ratio of 32.69, an EV to EBITDA of 22.72, and a Price to Book Value of 4.61, all of which suggest that the stock is priced at a premium compared to its earnings and assets.\n\nIn comparison to its peers, Usha Martin's PE ratio is significantly higher than that of Tata Steel at 29.61 and Jindal Steel at 27.84, both of which are categorized as fairly valued. Additionally, the PEG ratio of Usha Martin stands at 0.00, which is notably lower than that of JSW Steel at 2.56, indicating a lack of growth expectations priced into Usha Martin's stock. Despite recent stock performance showing a 19.25% return year-to-date compared to the Sensex's 8.11%, the high valu..."
      }
    ],
    "total": 567,
    "sid": "604024",
    "stock_news_url": "https://www.marketsmojo.com/news/usha-martin-604024"
  },
  "announcements": [
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "16-Dec-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Peterhouse Investments Ltd",
      "source": "BSE"
    },
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "15-Dec-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Peterhouse Investments India Ltd",
      "source": "BSE"
    },
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "12-Dec-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Peterhouse Investments Pvt Ltd",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Usha Martin Ltd has declared <strong>300%</strong> dividend, ex-date: 31 Jul 25",
          "dt": "2025-07-31",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Usha Martin Ltd has announced <strong>1:5</strong> stock split, ex-date: 29 Aug 07",
          "dt": "2007-08-29",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Usha Martin Technical Momentum Shifts Amid Mixed Indicator Signals

2025-12-19 08:06:56

Usha Martin, a key player in the Iron & Steel Products sector, has experienced a nuanced shift in its technical momentum, reflecting a complex interplay of indicator signals. Recent market data reveals a transition from a bullish to a mildly bullish trend, with mixed signals from MACD, RSI, moving averages, and other technical tools shaping investor sentiment.

Usha Martin Technical Momentum Shifts Signal Market Interest Amid Iron & Steel Sector Trends

2025-12-17 08:09:18

Usha Martin, a key player in the Iron & Steel Products sector, has exhibited notable shifts in its technical momentum, reflecting evolving market dynamics. Recent assessment changes highlight a transition in technical indicators, suggesting a nuanced outlook for investors amid broader sector movements and benchmark comparisons.

Usha Martin’s Market Assessment Shifts Amid Strong Financials and Technical Signals

2025-12-17 08:02:34

Usha Martin, a key player in the Iron & Steel Products sector, has experienced a notable shift in market assessment driven by evolving technical indicators, robust financial performance, valuation considerations, and recent trends in company fundamentals. This article analyses the factors influencing the revised evaluation of the stock, providing investors with a comprehensive understanding of its current standing.

Why is Usha Martin falling/rising?

2025-12-16 00:30:23

Strong Price Performance Amid Market Benchmarks

Usha Martin’s stock has demonstrated remarkable resilience and growth compared to broader market indices. Over the past week, the share price surged by 10.48%, significantly outperforming the Sensex’s marginal 0.13% gain. Year-to-date, the stock has appreciated by 22.75%, more than double the Sensex’s 9.05% rise. This outperformance extends over longer horizons as well, with the company delivering a 16.27% return in the last year against the Sensex’s 3.75%, and an extraordinary 246.28% gain over three years compared to the benchmark’s 37.89%. Such sustained growth highlights the stock’s strong fundamentals and investor appeal.

Technical Indicators and Trading Activity Support Uptrend

On the day in ...

Usha Martin’s Evaluation Revised Amid Mixed Financial and Market Signals

2025-11-27 10:06:18

Usha Martin, a key player in the Iron & Steel Products sector, has experienced a revision in its market evaluation reflecting a nuanced shift in its financial and technical outlook. This adjustment comes amid a backdrop of strong operational metrics tempered by valuation concerns and recent market performance.

Is Usha Martin technically bullish or bearish?

2025-11-21 08:26:03

Overview of Usha Martin’s Technical Trend

As of 20 Nov 2025, Usha Martin’s technical trend shifted from a clear bullish stance to a mildly bullish one. This subtle change indicates that while the stock retains upward momentum, the intensity of buying pressure has softened. Investors should note this transition as it may signal a period of consolidation or cautious optimism rather than aggressive gains.

Key Technical Indicators: Mixed Signals

Examining the Moving Average Convergence Divergence (MACD), a widely respected momentum indicator, Usha Martin shows bullish signals on both weekly and monthly charts. This suggests that the underlying momentum remains positive over medium and longer-term horizons, supporting the mildly bullish trend.

Usha Martin Technical Momentum Shifts Amid Mixed Market Signals

2025-11-21 08:05:35

Usha Martin, a key player in the Iron & Steel Products sector, has experienced a notable shift in its technical momentum, reflecting a nuanced market assessment. Recent evaluation adjustments highlight a transition from a bullish to a mildly bullish trend, with mixed signals from key technical indicators such as MACD, RSI, and moving averages, underscoring the complexity of its current price action.

How has been the historical performance of Usha Martin?

2025-11-20 22:42:31

Revenue and Profitability Trends

Over the seven-year period ending March 2025, Usha Martin’s net sales have shown a commendable upward trend, rising from ₹2,488.25 crores in 2019 to ₹3,474.16 crores in 2025. This growth reflects a compound annual increase supported by expanding market demand and operational scale. The company’s operating profit margin, excluding other income, has also improved notably, reaching 17.19% in 2025 compared to 12.66% in 2019, indicating enhanced operational efficiency and cost management.

Operating profit (PBDIT) excluding other income rose from ₹315.07 crores in 2019 to ₹597.06 crores in 2025, underscoring the company’s ability to convert higher sales into substantial earnings before interest and taxes. Despite fluctuations in raw material ...

Is Usha Martin overvalued or undervalued?

2025-11-14 08:10:14

As of 13 November 2025, Usha Martin's valuation grade has moved from very expensive to expensive, indicating a slight improvement in perceived value but still reflecting a high valuation. The company is currently considered overvalued. Key ratios include a PE ratio of 32.69, an EV to EBITDA of 22.72, and a Price to Book Value of 4.61, all of which suggest that the stock is priced at a premium compared to its earnings and assets. In comparison to its peers, Usha Martin's PE ratio is significantly higher than that of Tata Steel at 29.61 and Jindal Steel at 27.84, both of which are categorized as fairly valued. Additionally, the PEG ratio of Usha Martin stands at 0.00, which is notably lower than that of JSW Steel at 2.56, indicating a lack of growth expectations priced into Usha Martin's stock. Despite recent stock performance showing a 19.25% return year-to-date compared to the Sensex's 8.11%, the high valu...

View All News

Announcement

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011

16-Dec-2025 | Source : BSE

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Peterhouse Investments Ltd

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011

15-Dec-2025 | Source : BSE

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Peterhouse Investments India Ltd

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011

12-Dec-2025 | Source : BSE

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Peterhouse Investments Pvt Ltd