Usha Martin

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

INR

436.00

0.4 (0.09%)

BSENSE

Dec 05

BSE+NSE Vol: 2.8 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": "436.00",
    "chg": 0.4,
    "chgp": "0.09%",
    "dir": 1,
    "prev_price": "435.60",
    "mcapval": "13,286.74 Cr",
    "mcap": "Small Cap",
    "scripcode": 517146,
    "symbol": "USHAMART",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE228A01035",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "2.8 lacs",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
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  "news": {
    "results": [
      {
        "title": "Why is Usha Martin falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-usha-martin-fallingrising-3747174",
        "imagepath": "",
        "date": "2025-12-05 00:44:57",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Market Performance and Recent Price Movement</strong></p>\n<p>Usha Martin’s stock demonstrated resilience in the face of broader market fluctuations, outperforming the Sensex and its sector peers. Over the past week, the stock appreciated by 2.78%, contrasting with the Sensex’s decline of 0.53%. Despite a one-month dip of 8.71%, the year-to-date return stands at a healthy 15.32%, comfortably surpassing the Sensex’s 9.12% gain. This outperformance extends over longer horizons as well, with the stock delivering 7.19% returns in the last year against the Sensex’s 5.32%, and an impressive 223.48% over three years compared to the benchmark’s 35.62%. The five-year return is particularly striking, with Usha Martin surging over 1560%, dwarfing the Sensex’s 89.14% rise.</p>\n<p>On the day in question, ..."
      },
      {
        "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..."
      },
      {
        "title": "Why is Usha Martin falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-usha-martin-fallingrising-3698475",
        "imagepath": "",
        "date": "2025-11-13 21:36:30",
        "description": "As of 13-Nov, Usha Martin Ltd's stock price is currently at 448.10, reflecting a decline of 19.25 points or 4.12%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total loss of 7.18% during this period. Additionally, the stock has underperformed its sector by 3.57% today. Despite a strong year-to-date return of 19.25% and a one-year return of 21.72%, the stock's recent performance has been negatively impacted by a decrease in investor participation, as evidenced by a 55.6% drop in delivery volume compared to the five-day average. Furthermore, while the company has shown high management efficiency and strong cash flow, it faces challenges such as a high price-to-book ratio and a slight decline in profits over the past year, which may contribute to investor concerns.\n\nIn the broader market context, Usha Martin's short-term performance has lagged..."
      },
      {
        "title": "Why is Usha Martin falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-usha-martin-fallingrising-3686812",
        "imagepath": "",
        "date": "2025-11-10 21:26:33",
        "description": "As of 10-Nov, Usha Martin Ltd's stock price is rising, currently at 482.75, reflecting an increase of 12.15 or 2.58%. The stock has recently hit a new 52-week high of Rs. 497.5 and has outperformed its sector by 2.06%. Over the last two days, it has gained 4.49%, and it is trading above all key moving averages, indicating strong momentum. However, there is a notable decline in investor participation, with delivery volume dropping by 64.88% compared to the 5-day average. Despite a high return on equity of 15.54% and strong financial performance, including record operating cash flow and net sales, the stock's valuation is considered expensive, and profits have decreased by 2.3% over the past year. Additionally, a slight reduction in promoter stake could signal waning confidence in the company's future.\n\nIn the broader market context, Usha Martin's short-term performance has been favorable, with a 1-week retur..."
      },
      {
        "title": "Usha Martin Hits New 52-Week High of Rs. 497.5, Showcases Strong Momentum",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/usha-martin-hits-new-52-week-high-of-rs-4975-showcases-strong-momentum-3685657",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/UshaMartin_priceRelatedfactors_3685657.png",
        "date": "2025-11-10 11:14:10",
        "description": "Usha Martin, a smallcap in the Iron & Steel Products sector, achieved a new 52-week high of Rs. 497.5 on November 10, 2025, outperforming its sector. The stock has shown consecutive gains and is trading above key moving averages, reflecting a strong market position and impressive one-year performance."
      }
    ],
    "total": 564,
    "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": "02-Dec-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Susmita Jhawar",
      "source": "BSE"
    },
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "01-Dec-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Rajeev Jhawar",
      "source": "BSE"
    },
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "01-Dec-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Rajeev Jhawar",
      "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": []
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}

News and Views

Why is Usha Martin falling/rising?

2025-12-05 00:44:57

Market Performance and Recent Price Movement

Usha Martin’s stock demonstrated resilience in the face of broader market fluctuations, outperforming the Sensex and its sector peers. Over the past week, the stock appreciated by 2.78%, contrasting with the Sensex’s decline of 0.53%. Despite a one-month dip of 8.71%, the year-to-date return stands at a healthy 15.32%, comfortably surpassing the Sensex’s 9.12% gain. This outperformance extends over longer horizons as well, with the stock delivering 7.19% returns in the last year against the Sensex’s 5.32%, and an impressive 223.48% over three years compared to the benchmark’s 35.62%. The five-year return is particularly striking, with Usha Martin surging over 1560%, dwarfing the Sensex’s 89.14% rise.

On the day in question, ...

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...

Why is Usha Martin falling/rising?

2025-11-13 21:36:30

As of 13-Nov, Usha Martin Ltd's stock price is currently at 448.10, reflecting a decline of 19.25 points or 4.12%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total loss of 7.18% during this period. Additionally, the stock has underperformed its sector by 3.57% today. Despite a strong year-to-date return of 19.25% and a one-year return of 21.72%, the stock's recent performance has been negatively impacted by a decrease in investor participation, as evidenced by a 55.6% drop in delivery volume compared to the five-day average. Furthermore, while the company has shown high management efficiency and strong cash flow, it faces challenges such as a high price-to-book ratio and a slight decline in profits over the past year, which may contribute to investor concerns. In the broader market context, Usha Martin's short-term performance has lagged...

Why is Usha Martin falling/rising?

2025-11-10 21:26:33

As of 10-Nov, Usha Martin Ltd's stock price is rising, currently at 482.75, reflecting an increase of 12.15 or 2.58%. The stock has recently hit a new 52-week high of Rs. 497.5 and has outperformed its sector by 2.06%. Over the last two days, it has gained 4.49%, and it is trading above all key moving averages, indicating strong momentum. However, there is a notable decline in investor participation, with delivery volume dropping by 64.88% compared to the 5-day average. Despite a high return on equity of 15.54% and strong financial performance, including record operating cash flow and net sales, the stock's valuation is considered expensive, and profits have decreased by 2.3% over the past year. Additionally, a slight reduction in promoter stake could signal waning confidence in the company's future. In the broader market context, Usha Martin's short-term performance has been favorable, with a 1-week retur...

Usha Martin Hits New 52-Week High of Rs. 497.5, Showcases Strong Momentum

2025-11-10 11:14:10

Usha Martin, a smallcap in the Iron & Steel Products sector, achieved a new 52-week high of Rs. 497.5 on November 10, 2025, outperforming its sector. The stock has shown consecutive gains and is trading above key moving averages, reflecting a strong market position and impressive one-year performance.

View All News

Announcement

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

02-Dec-2025 | Source : BSE

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

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

01-Dec-2025 | Source : BSE

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

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

01-Dec-2025 | Source : BSE

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