Usha Martin Limited Share Price Today

Techno Funda Ratings

RS Rating
73
Good
EPS Rating
46
Moderate
A/D Rating
B
Strong

Key Metrics

Current Price

₹494.95

Market Cap

₹ 15,103 Cr.

Stock P/E

30.0

ROE

16.6 %

RSI

40.47

Trend

Bullish

Share Price Chart

Technical Commentary

Usha Martin Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of B, a Relative Strength Rating of 73 and an EPS Rating of 46. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Speculative Momentum Phase (Neutral / Hold). Usha Martin Ltd is trading above its 50 DMA (489.19), but it lacks the powerful fundamental support typically required to sustain an extended bull run, as evidenced by a trailing Stock P/E of 30 and an ROE of 16.6%. Market relative strength is mediocre (RS Rating: 73), indicating that current price discovery is driven by short-term speculative indexing rather than aggressive institutional backing (A/D Grade: B). While short-term long positions remain valid as long as the price stays above key support floors, conservative market participants should avoid sizing up heavily here. Maintain a neutral profile, trail defensive stops tightly below the 50 DMA, and watch for a decisive high-volume catalyst.

Company Overview

Usha Martin Ltd is primarily engaged in manufacture and sale of steel wires, strands, wire ropes, cords, related accessories, etc. It is also involved in sale of other products such as wire drawing and allied machines.[1]

Usha Martin Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Usha Martin Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Usha Martin Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price494.95
RSI (14)40.47
50 DMA489.19
200 DMA450.01
TrendBullish
A/D RatingB
RS Rating73
EPS Rating46
TI651.04
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for Usha Martin Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹522.05
R2₹512.65
R1₹503.8
PP₹494.4
S1₹485.55
S2₹476.15
S3₹467.3

Financial Ratios

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MetricValue
Market Cap₹ 15,103 Cr.
Current Price₹ 495
High / Low₹ 528 / 334
Stock P/E30.0
Book Value₹ 108
Dividend Yield0.76 %
ROCE20.2 %
ROE16.6 %
Face Value₹ 1.00

Quarterly Results

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QuarterSalesProfitOPM
Mar 202385510518%
Jun 202381410118%
Sep 202378511018%
Dec 202379710820%
Mar 202482910618%
Jun 202482610419%
Sep 202489110918%
Dec 20248619217%
Mar 202589610116%
Jun 202588710116%
Sep 202590811019%
Dec 202591710819%
Mar 202697914822%

Shareholding Pattern

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HolderHolding
Promoters 51.28%
FIIs 5.96%
DIIs 2.91%
Public 39.85%
Others 0.00%
No. of Shareholders51,661

Pros and Cons

Pros

  • Healthy return on equity of 16.6% indicating strong capital allocation efficiency.
  • Strong technical momentum with price holding comfortably above the 50 DMA (489.19).
  • Outperforming over 70% of the entire market universe over the past 12 months.

Cons

    Related NSE Stocks

    Frequently Asked Questions

    What is the current technical trend and RSI for Usha Martin Ltd share?

    Based on the latest closing data, the technical momentum for Usha Martin Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 40.47, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (489.19) defining immediate multi-day trend patterns.

    What are the key resistance and support pivot points for Usha Martin Ltd?

    According to Classic Pivot Point methodologies, the core trading floor for Usha Martin Ltd today centers at a Pivot Point (PP) of ₹494.4. Upside resistance challenges are calculated at R1: ₹503.8, R2: ₹512.65, and R3: ₹522.05. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹485.55, S2: ₹476.15, and S3: ₹467.3.

    How does the fundamental ROE and P/E ratio look for Usha Martin Ltd?

    Usha Martin Ltd is currently trading with a valuation metrics context of a Stock P/E of 30.0, against a core structural efficiency Return on Equity (ROE) standing at 16.6 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 46, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

    Should I buy or sell Usha Martin Ltd shares based on corporate rankings?

    Our dynamic trade matrix suggests a status of: Speculative Momentum Phase (Neutral / Hold). Usha Martin Ltd is trading above it... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of B, a Relative Strength (RS) ranking of 73, and long-term trend backing from the TI65 indicator (Neutral pattern).

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