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Usha Martin Ltd stands as a pivotal entity in the manufacturing and distribution landscape, specializing in the production and sale of steel wires, strands, wire ropes, cords, and associated accessories. With a diversified portfolio that includes the sale of wire drawing and allied machines, the company holds a significant position in the steel industry, both domestically in India and on a global scale.
The steel industry plays a vital role in various sectors such as construction, automotive, infrastructure, and manufacturing, making it a cornerstone of economic development. In India, the steel industry continues to evolve amidst shifting geopolitical dynamics and technological advancements, presenting both opportunities and challenges for industry players.
As this article delves into the analysis of Usha Martin Ltd’s potential to achieve a price target of 10k, it explores not only the numerical aspects but also the intricate interplay of market forces, company performance, and broader economic trends.
About Usha Martin
Recent News Around Usha Martin
- The completion of Phase 1 expansion in Ranchi, slated for Q4, marks a pivotal moment for Usha Martin Ltd. This strategic initiative underscores the company’s commitment to enhancing its manufacturing capabilities.
- The expansion initiatives are geared towards augmenting the company’s capacity by an estimated 45,000 to 50,000 tons, with a strategic emphasis on bolstering production in wire rope and value-added products.
Usha Martin Q3 Fy2024 Key Points And Summary:
Usha Martin Share Price Target 2024 To 2030
Usha Martin Share Price Target 2024
Month | Maximum Price (₹) | Minimum Price (₹) |
---|---|---|
March | ₹340.66 | ₹296.22 |
April | ₹330.73 | ₹287.60 |
May | ₹325.85 | ₹283.35 |
June | ₹337.58 | ₹293.55 |
July | ₹334.20 | ₹290.61 |
August | ₹347.57 | ₹302.23 |
September | ₹361.47 | ₹314.32 |
October | ₹354.38 | ₹308.16 |
November | ₹365.02 | ₹317.41 |
December | ₹374.14 | ₹325.34 |
Usha Martin Share Price Target 2025
when | Maximum Price | Minimum Price |
January 2025 | ₹381.62 | ₹293.56 |
February 2025 | ₹391.41 | ₹301.08 |
March 2025 | ₹406.67 | ₹312.83 |
April 2025 | ₹398.70 | ₹306.69 |
May 2025 | ₹387.09 | ₹297.76 |
June 2025 | ₹404.51 | ₹311.16 |
July 2025 | ₹396.58 | ₹305.06 |
August 2025 | ₹408.84 | ₹314.49 |
September 2025 | ₹423.15 | ₹325.50 |
October 2025 | ₹434.15 | ₹333.96 |
November 2025 | ₹445.01 | ₹342.31 |
December 2025 | ₹456.13 | ₹350.87 |
In 2025, Usha Martin’s share price is expected to exhibit a positive trajectory, with the maximum price projected to gradually increase throughout the year. Starting from ₹381.62 in January, it is anticipated to reach ₹456.13 by December. Similarly, the minimum price is expected to rise from ₹293.56 in January to ₹350.87 in December. This upward trend suggests a bullish sentiment surrounding Usha Martin’s stock, supported by optimistic market dynamics and the company’s performance outlook. Investors can anticipate a sustained growth trajectory in Usha Martin’s share price, with the expected price reaching higher levels over the course of 2025.
Usha Martin Share Price Target 2026 To 2030
Year | Maximum Price (₹) | Minimum Price (₹) |
---|---|---|
2026 | ₹478.94 | ₹335.26 |
2027 | ₹526.83 | ₹368.78 |
2028 | ₹737.56 | ₹368.78 |
2029 | ₹638.58 | ₹319.29 |
2030 | ₹830.16 | ₹581.11 |
Usha Martin’s Financial Condition (Last 5 Years)
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
Equity Capital | 31 | 31 | 31 | 31 | 31 | 31 |
Reserves | 751 | 1,197 | 1,373 | 1,663 | 2,000 | 2,122 |
Borrowings + | 3,565 | 620 | 530 | 411 | 417 | 423 |
Other Liabilities + | 2,645 | 696 | 649 | 625 | 627 | 570 |
Total Liabilities | 6,992 | 2,544 | 2,582 | 2,730 | 3,075 | 3,145 |
Fixed Assets + | 935 | 956 | 932 | 913 | 952 | 956 |
CWIP | 13 | 33 | 45 | 38 | 139 | 210 |
Investments | 42 | 44 | 48 | 56 | 66 | 67 |
Other Assets + | 6,001 | 1,511 | 1,557 | 1,722 | 1,917 | 1,913 |
Total Assets | 6,992 | 2,544 | 2,582 | 2,730 | 3,075 | 3,145 |
FAQS
What is the book value per share of Usha Martin Ltd?
The book value per share of Usha Martin Ltd is ₹70.6.
What is the Return on Capital Employed (ROCE) of Usha Martin Ltd?
The Return on Capital Employed (ROCE) of Usha Martin Ltd is 21.2%.
What is the Return on Equity (ROE) of Usha Martin Ltd?
The Return on Equity (ROE) of Usha Martin Ltd is 18.8%
What are the stock symbols for Usha Martin Ltd on BSE and NSE?
BSE: 517146
NSE: USHAMART
What is the current market capitalization of Usha Martin Ltd?
The current market capitalization of Usha Martin Ltd is ₹9,115 crore.
What is the current stock price of Usha Martin Ltd?
The current stock price of Usha Martin Ltd is ₹299.
What is the high and low price range of Usha Martin Ltd’s stock?
The high and low price range of Usha Martin Ltd’s stock is ₹380 and ₹205, respectively.
What is the Price-to-Earnings (P/E) ratio of Usha Martin Ltd?
The Price-to-Earnings (P/E) ratio of Usha Martin Ltd is 21.6.
What is the Dividend Yield of Usha Martin Ltd?
The Dividend Yield of Usha Martin Ltd is 0.84%.
Should one invest in Usha Martin?
Investing in Usha Martin Ltd necessitates a comprehensive assessment of its financial performance, market positioning, and growth trajectory. Financially, the company has shown mixed results over recent years, with fluctuations in sales and profitability. Despite this, there are signs of improvement in certain key metrics. Notably, the company has maintained stable operating profit margins, indicating operational efficiency, alongside a healthy return on capital employed (ROCE) of 21.2%, highlighting effective capital utilization.
In terms of market presence, Usha Martin commands a significant position in the steel industry, offering a diverse array of products and services catering to various sectors like engineering, construction, and mining. With a market capitalization of ₹9,115 crores, it holds substantial weight in its sector, reflecting investor confidence.
However, a peer comparison reveals both strengths and areas for improvement. While the company’s price-to-earnings (P/E) ratio aligns with industry standards, its dividend yield is relatively low at 0.84%. Additionally, Usha Martin’s sales growth of 9.61% over the past five years suggests a need for sustained efforts to enhance revenue generation.
In conclusion, investing in Usha Martin requires a balanced evaluation of its financial health, competitive positioning, and growth potential. While the company boasts a diversified product portfolio and efficient capital management, investors should remain vigilant of challenges posed by fluctuating sales growth and dividend payouts. Thorough research and monitoring of performance indicators can aid investors in making informed decisions aligned with their investment objectives and risk tolerance.
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