Usha Martin

{
  "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": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "468.00",
    "chg": 14.45,
    "chgp": "3.19%",
    "dir": 1,
    "prev_price": "453.55",
    "mcapval": "14,038.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 517146,
    "symbol": "USHAMART",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "India SENSEX",
    "isin": "INE228A01035",
    "curr_date": "May 06",
    "curr_time": "",
    "bse_nse_vol": "9.51 lacs",
    "exc_status": "Active",
    "traded_date": "May 06, 2026",
    "traded_date_str": "2026 05 06",
    "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 Ltd is Rated Buy",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/usha-martin-ltd-is-rated-buy-3977650",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/UshaMartinLtd_mojoScore_3977650.png",
        "date": "2026-05-06 10:10:03",
        "description": "Usha Martin Ltd is rated Buy by MarketsMOJO, with this rating last updated on 02 May 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 06 May 2026, providing investors with the most recent and relevant data to assess the stock’s potential."
      },
      {
        "title": "Usha Martin Ltd Valuation Shift Signals Renewed Price Attractiveness Amid Sector Dynamics",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/usha-martin-ltd-valuation-shift-signals-renewed-price-attractiveness-amid-sector-dynamics-3974611",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/UshaMartinLtd_valuationdot_3974611.png",
        "date": "2026-05-05 08:00:50",
        "description": "Usha Martin Ltd has witnessed a notable shift in its valuation parameters, moving from a very expensive to an expensive rating, reflecting a recalibration in price attractiveness. This change, coupled with robust financial metrics and a strong market performance relative to the Sensex, positions the small-cap iron and steel products company favourably within its sector."
      },
      {
        "title": "Golden Cross Forms in Usha Martin Ltd — On a Day the Stock Gained 2.54%. What the Mixed Signals Mean",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/usha-martin-ltd-forms-golden-cross-signalling-potential-bullish-breakout-3974427",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/UshaMartinLtd_goldencross_3974427.png",
        "date": "2026-05-04 18:00:22",
        "description": "The 50-day moving average has crossed above the 200-day moving average for Usha Martin Ltd, signalling a golden cross on 4 May 2026. However, the broader technical indicators present a nuanced picture, with weekly momentum largely supportive but monthly signals showing mild bearishness. This divergence invites a closer look at whether the golden cross stands as a reliable indicator or if caution is warranted."
      },
      {
        "title": "Are Usha Martin Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-usha-martin-ltd-latest-results-good-or-bad-3970963",
        "imagepath": "",
        "date": "2026-05-01 19:13:07",
        "description": "Usha Martin Ltd's latest financial results for the fourth quarter of FY26 indicate a notable performance, characterized by significant growth in both revenue and net profit. The company achieved a record quarterly revenue of ₹979.26 crores, reflecting a year-on-year increase of 9.28% and a sequential growth of 6.78% from the previous quarter. This growth underscores the strengthening demand for Usha Martin's products in the wire and wire rope sector.\n\nThe net profit for the same quarter reached ₹147.80 crores, marking a substantial year-on-year increase of 46.35% and a quarter-on-quarter growth of 37.42%. This improvement in profitability is further highlighted by the operating profit margin, which expanded to a record 21.60%, up from 15.58% in the same quarter last year. The margin expansion is attributed to effective cost optimization strategies and a favorable product mix, showcasing the company's operat..."
      },
      {
        "title": "Usha Martin Q4 FY26: Record Margins Drive 46% Profit Surge Despite Premium Valuation Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/usha-martin-q4-fy26-record-margins-drive-46-profit-surge-despite-premium-valuation-concerns-3970785",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/UshaMartin_quaterlyResult_3970785.png",
        "date": "2026-04-30 20:01:23",
        "description": "Usha Martin Ltd., one of the world's largest wire rope manufacturers and a leading speciality steel producer, delivered a stellar fourth quarter performance for FY26, with consolidated net profit surging 46.35% year-on-year to ₹147.80 crores from ₹100.99 crores in the corresponding period last year. The Kolkata-based company, commanding a market capitalisation of ₹14,175 crores, reported its highest-ever quarterly operating margins, signalling robust operational efficiency despite a challenging macroeconomic environment. However, the stock retreated 2.07% following the results announcement, reflecting investor concerns over stretched valuations at 31 times trailing twelve-month earnings."
      },
      {
        "title": "Usha Martin Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/usha-martin-ltd-is-rated-hold-3962285",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/UshaMartinLtd_mojoScore_3962285.png",
        "date": "2026-04-25 10:10:03",
        "description": "Usha Martin Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 13 April 2026. While the rating change occurred on that date, the analysis and financial metrics discussed here reflect the stock's current position as of 25 April 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing."
      },
      {
        "title": "When is the next results date for Usha Martin Ltd?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-usha-martin-ltd-3961870",
        "imagepath": "",
        "date": "2026-04-24 23:15:50",
        "description": "The next results date for Usha Martin Ltd is scheduled for April 30, 2026...."
      },
      {
        "title": "Usha Martin Ltd Gains 1.92%: 2 Key Factors Driving the Week’s Momentum",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/usha-martin-ltd-gains-192-2-key-factors-driving-the-weeks-momentum-3952564",
        "imagepath": "",
        "date": "2026-04-18 16:05:44",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>13 Apr:</strong> MarketsMOJO upgrades Usha Martin Ltd to Hold on improved technicals and financials</p>\n                    <p><strong>15 Apr:</strong> Technical momentum shifts amid mixed indicator signals</p>\n                    <p><strong>17 Apr:</strong> Week closes at Rs.448.60, up 1.92% for the week</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.440.15</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.448.60</div><div class=\"stat-change positive\">+1.92%</div></div>\n           ..."
      },
      {
        "title": "Usha Martin Ltd Technical Momentum Shifts Amid Mixed Indicator Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/usha-martin-ltd-technical-momentum-shifts-amid-mixed-indicator-signals-3946595",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/UshaMartinLtd_technicaldot_3946595.png",
        "date": "2026-04-15 08:02:42",
        "description": "Usha Martin Ltd, a key player in the Iron & Steel Products sector, has experienced a notable shift in its technical momentum, moving from a mildly bearish stance to a sideways trend. This transition is underscored by a complex interplay of technical indicators, including MACD, RSI, Bollinger Bands, and moving averages, which collectively paint a nuanced picture of the stock’s near-term prospects."
      }
    ],
    "total": 603,
    "sid": "604024",
    "stock_news_url": "https://www.marketsmojo.com/news/usha-martin-604024"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "01-May-2026",
      "details": "Please find enclosed the copies of newspaper advertisement published on Friday 1st May 2026 with respect to the audited financial results (standalone and consolidated) for the quarter and year ended 31st March 2026.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th April 2026",
      "datetime": "30-Apr-2026",
      "details": "The Board of Directors of the Company at their meeting held today has approved and taken on record audited financial results on standalone and consolidated basis for the quarter and year ended 31st March 2026. The Board at the said meeting has also recommended Dividend of Rs. 3.75 (Rupees Three and Seventy-Five paisa only) per Equity Share of Rs. 1/- each (375%) to the Shareholders for the financial year ended on 31st March 2026 and has approved appointment of Ms. Mani & Co. as Cost Auditor and M/s. Deloitte Touche Tohmatsu India LLP as the Internal Auditor of the Company.",
      "source": "BSE"
    },
    {
      "caption": "Corporate Action-Board approves Dividend",
      "datetime": "30-Apr-2026",
      "details": "Recommendation of Dividend.",
      "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 Ltd is Rated Buy

2026-05-06 10:10:03

Usha Martin Ltd is rated Buy by MarketsMOJO, with this rating last updated on 02 May 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 06 May 2026, providing investors with the most recent and relevant data to assess the stock’s potential.

Read full news article

Usha Martin Ltd Valuation Shift Signals Renewed Price Attractiveness Amid Sector Dynamics

2026-05-05 08:00:50

Usha Martin Ltd has witnessed a notable shift in its valuation parameters, moving from a very expensive to an expensive rating, reflecting a recalibration in price attractiveness. This change, coupled with robust financial metrics and a strong market performance relative to the Sensex, positions the small-cap iron and steel products company favourably within its sector.

Read full news article

Golden Cross Forms in Usha Martin Ltd — On a Day the Stock Gained 2.54%. What the Mixed Signals Mean

2026-05-04 18:00:22

The 50-day moving average has crossed above the 200-day moving average for Usha Martin Ltd, signalling a golden cross on 4 May 2026. However, the broader technical indicators present a nuanced picture, with weekly momentum largely supportive but monthly signals showing mild bearishness. This divergence invites a closer look at whether the golden cross stands as a reliable indicator or if caution is warranted.

Read full news article

Are Usha Martin Ltd latest results good or bad?

2026-05-01 19:13:07

Usha Martin Ltd's latest financial results for the fourth quarter of FY26 indicate a notable performance, characterized by significant growth in both revenue and net profit. The company achieved a record quarterly revenue of ₹979.26 crores, reflecting a year-on-year increase of 9.28% and a sequential growth of 6.78% from the previous quarter. This growth underscores the strengthening demand for Usha Martin's products in the wire and wire rope sector. The net profit for the same quarter reached ₹147.80 crores, marking a substantial year-on-year increase of 46.35% and a quarter-on-quarter growth of 37.42%. This improvement in profitability is further highlighted by the operating profit margin, which expanded to a record 21.60%, up from 15.58% in the same quarter last year. The margin expansion is attributed to effective cost optimization strategies and a favorable product mix, showcasing the company's operat...

Read full news article

Usha Martin Q4 FY26: Record Margins Drive 46% Profit Surge Despite Premium Valuation Concerns

2026-04-30 20:01:23

Usha Martin Ltd., one of the world's largest wire rope manufacturers and a leading speciality steel producer, delivered a stellar fourth quarter performance for FY26, with consolidated net profit surging 46.35% year-on-year to ₹147.80 crores from ₹100.99 crores in the corresponding period last year. The Kolkata-based company, commanding a market capitalisation of ₹14,175 crores, reported its highest-ever quarterly operating margins, signalling robust operational efficiency despite a challenging macroeconomic environment. However, the stock retreated 2.07% following the results announcement, reflecting investor concerns over stretched valuations at 31 times trailing twelve-month earnings.

Read full news article

Usha Martin Ltd is Rated Hold

2026-04-25 10:10:03

Usha Martin Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 13 April 2026. While the rating change occurred on that date, the analysis and financial metrics discussed here reflect the stock's current position as of 25 April 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing.

Read full news article

When is the next results date for Usha Martin Ltd?

2026-04-24 23:15:50

The next results date for Usha Martin Ltd is scheduled for April 30, 2026....

Read full news article

Usha Martin Ltd Gains 1.92%: 2 Key Factors Driving the Week’s Momentum

2026-04-18 16:05:44

Key Events This Week

13 Apr: MarketsMOJO upgrades Usha Martin Ltd to Hold on improved technicals and financials

15 Apr: Technical momentum shifts amid mixed indicator signals

17 Apr: Week closes at Rs.448.60, up 1.92% for the week

Week Open

Rs.440.15

Week Close

Rs.448.60

+1.92%

...

Read full news article

Usha Martin Ltd Technical Momentum Shifts Amid Mixed Indicator Signals

2026-04-15 08:02:42

Usha Martin Ltd, a key player in the Iron & Steel Products sector, has experienced a notable shift in its technical momentum, moving from a mildly bearish stance to a sideways trend. This transition is underscored by a complex interplay of technical indicators, including MACD, RSI, Bollinger Bands, and moving averages, which collectively paint a nuanced picture of the stock’s near-term prospects.

Read full news article

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