Overall Fundamental outlook

*USHAMART makes the list of companies with the worst technicals at present.

Business Operations:

Sector: Basic Materials
Industry: Steel

Usha Martin Limited, together with its subsidiaries, manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally. The company offers wire ropes, including oil and offshore, crane, mining, elevator, fishing, aerial transportation, locked coil, and general engineering ropes, as well as ropes for conveyor cords and structural systems. It also manufactures a range of industrial machines, including wire drawing machines, stranding machines, wire rope closing machines, steel plant equipment, cable machines, and material handling equipment; machines for manufacturing bright bars; machines for armoring and rewinding; and copper coating lines for CO2 welding wire manufacture. In addition, the company provides pre-tensioning & post-tensioning solutions; pre-stressing solutions; anchorage accessories & equipment, hydraulic jacks, powerpacks, and grout pumps and agitators; and pre-stressing machines & accessories, as well as installation services. Further, the company offers spring steel, CO2 welding, detonator, mattress, cold heading quality, auto spoke, brush, needle, and cycle spoke wires; and LRPC strands, such as compacted, indented, and bonded and un-bonded polymer coated galvanized LRPC strands, as well as manufactures wire drawing and allied machines. Additionally, it provides optical fiber, aerial cables, micro ducts, hybrid category, FTTH/drop, aerial copper, duct copper, and jelly filled copper cables. The company was formerly known as Usha Beltron Limited and changed its name to Usha Martin Limited in May 2003. The company was founded in 1960 and is based in Kolkata, India.

Revenue projections:

Revenue projections for USHAMART
Revenue projections for USHAMART

With USHAMART's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 0.000000
forwardPE 16.435484
debtToEquity 17.803000
earningsGrowth -0.139000
revenueGrowth 0.080000
grossMargins 0.505670
operatingMargins 0.136090
trailingEps 13.530000
forwardEps 0.000000

USHAMART's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
USHAMART's low Debt-to-Equity ratio shows that the company avoids excessive reliance on debt, reducing financial risk. This suggests a more secure financial position with less vulnerability to debt-related risks, making USHAMART a stable and conservative investment.
Usha Martin Limited's low growth in earnings and revenue indicates that profits could shrink. This signals potential financial difficulties for the company, suggesting that its profitability might be under pressure.
USHAMART's negative gross and operating margins highlight potential financial struggles, as the company is not covering its production or operational expenses. This could lead to broader concerns about its ability to achieve profitability.

Price projections:

Price projections for USHAMART
Price projections for USHAMART



Insider Transactions:

Insider Transactions for USHAMART
Insider Transactions for USHAMART


Recent trading of Usha Martin Limited stock saw 15 sales, with market price at 370.790000406901 per share.There were 11 buy transactions of USHAMART, with market price at 328.10908647017044.Usha Martin Limited is seeing more buys than sells at current price levels, which may indicate a positive market outlook. This trend suggests growing confidence among investors, who appear to expect favorable performance from the stock.

Recommendation changes over time:

Recommendations trend for USHAMART
Recommendations trend for USHAMART


Analysts have maintained a buy bias for USHAMART, which could prompt investors to consider the stock as a viable investment. With this positive outlook, USHAMART is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.