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Usha Martin Share Price Target 2024, 2025, 2026 to 2039 With Charts

Usha Martin Limited

Company LogoSymbol: USHAMART
Price: ₹350.95
Exchange: NSE
Basic Materials -> Steel
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Usha Martin Brief Company Overview

Usha Martin: A Leader in Steel Wire Manufacturing

Established in 1960, Usha Martin is a leading manufacturer of steel wires, wire ropes, and related accessories, serving both domestic and international markets.

Key products include oil & offshore ropes, crane ropes, mining ropes, elevator ropes, conveyor cords, and structural systems.

Usha Martin also specializes in industrial machinery, such as wire drawing machines, stranding machines, wire rope closing machines, and steel plant equipment.

Additionally, they offer pre-tensioning and post-tensioning solutions, pre-stressing solutions, and a wide range of wire products.

Usha Martin is renowned for its diverse product range, commitment to quality, and customer-centric approach.


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Usha Martin Financial Performance

MetricValueDescription
Market Capital10,905.19 CroreMarket valuation of Usha Martin's shares.
Revenue (TTM)3,225.2 CroreTotal revenue generated by Usha Martin over the past twelve months.
Net Income (TTM)+423.96 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin15.55%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin13.14%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-3.1%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+1%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
15.26Company's total debt divided by total shareholder equity.
Total Debt363.82 CroreSum of Usha Martin's current & long-term financial obligations.
Total Cash167.71 CroreTotal amount of liquid funds available to Usha Martin.
Beta0.68Beta is less than 1 indicating that the Usha Martin's price is less volatile than the market.

Is Usha Martin A Good Buy For Long Term?

Usha Martin has shown strong financial performance with consistent revenue growth. Its Q4-2023-24 report indicates a debt of 363.82 Crore, but a healthy cash balance of 167.71 Crore. The stock has delivered impressive returns over various time frames, making it a compelling investment for long-term growth.

To predict the Usha Martin's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Usha Martin Share Price Target For 2024

Usha Martin Targets For 2024 Chart

The line chart displays the monthly closing prices of Usha Martin with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Usha Martin shares in 2024, see the table below.

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Usha Martin Share Price Target Table For 2024

Usha Martin's LevelsValueReason/Importance
2024 Target 3374.00 (+6.56%)Price Action: Sep 2023 High
2024 Target 2366.67 (+4.47%)Technical Indicator: MA100
2024 Target 1362.95 (+3.41%)Price Action: 09 Aug 2024 High
Current Price350.95Usha Martin's 1 share price as of Fri 06 Sep 2024
Stop Loss 1346.79 (-1.19%)Fibonacci Retracement Level 71.8%
Stop Loss 2342.00 (-2.56%)Price Action: Jul 2023 High
Stop Loss 3337.00 (-3.98%)Price Action: 26 Aug 2024 High

Summary: Usha Martin Share Price Prediction For 2024

In summary, Usha Martin has surged by ₹54.50, achieving a notable +18.38% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Usha Martin for 2024 predicts an additional rise of 3.41% to 6.56% by the end of 2024 with three potential targets T1: 362.95, T2: 366.67, T3: 374.00. Stop Loss at SL1: 346.79, SL2: 342.00, SL3: 337.00.

Usha Martin has a 52-week high of ₹427.79, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹252.80, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Usha Martin.

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Usha Martin Share Price Target For 2025

Usha Martin Targets For 2025 Chart

The line chart displays the monthly closing prices of Usha Martin with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Usha Martin shares in 2025, see the table below.

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Usha Martin Share Price Target Table For 2025

Usha Martin's LevelsValueReason/Importance
2025 Target 3455.84 (+29.88%)Price Action: Chart
2025 Target 2447.34 (+27.46%)Price Action: Chart
2025 Target 1442.91 (+26.2%)Custom Fibonacci Extension Lvl 64.9%
Current Price350.95Usha Martin's 1 share price as of Fri 06 Sep 2024
Stop Loss 1329.90 (-6%)Price Action: Mar 2024 High
Stop Loss 2325.60 (-7.23%)Price Action: 16 Aug 2024 Low
Stop Loss 3321.10 (-8.51%)Price Action: Aug 2023 Low

Summary: Usha Martin Share Price Prediction For 2025

In summary, Usha Martin has surged by ₹54.50, achieving a notable +18.38% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Usha Martin for 2025 predicts an additional rise of 26.2% to 29.88% by the end of 2025 with three potential targets T1: 442.91, T2: 447.34, T3: 455.84. Stop Loss at SL1: 329.90, SL2: 325.60, SL3: 321.10.

Usha Martin has a All-Time high of ₹23290.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹252.80, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Usha Martin, we have created a specific page for that check here: Usha Martin Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Usha Martin Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Usha Martin Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Usha Martin share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 7.77% over the next 15 years.

For complete year by year Usha Martin long term share price target from 2024, 2025 to 2039 check the below table.

Usha Martin Share Price Target Table From 2024, 2025, 2026 to 2039

YearUsha Martin TargetYoY Change %
2024₹350.95[Current Price]
2024₹394.1612.31%
2025₹459.9516.69%
2026₹466.381.39%
2027₹535.7314.86%
2028₹553.993.4%
2029₹625.2412.86%
2030₹701.312.16%
2031₹687.86-1.92%
2032₹768.0711.66%
2033₹775.080.91%
2034₹856.3210.48%
2035₹942.6510.08%
2036₹909.35-3.54%
2037₹1,000.4210.01%
2038₹996.17-0.43%
2039₹1,123.6612.79%

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Usha Martin Past Performance

USHAMART main
Usha Martin has been listed on NSE for more than 31 years.
  • In 1993, Usha Martin opening price was ₹13.5
  • As of Fri 06 Sep 2024 the price stands at ₹350.95.
  • This represents a Compound Annual Growth Rate (CAGR) of 10.72%.
  • In 31 years, an investment of 10,000 would have become ₹2.59 Lakh.

As we wrap up, we hope you like our study on Usha Martin share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Usha Martin Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter