Usha Martin is currently trading at Rs. 23.95, up by 0.05 points or 0.21% from its previous closing of Rs. 23.90 on the BSE.
The scrip opened at Rs. 24.25 and has touched a high and low of Rs. 24.50 and Rs. 23.85 respectively. So far 4,346 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 35.80 on 05-Dec-2012 and a 52 week low of Rs. 20.30 on 26-Mar-2013.
Last one week high and low of the scrip stood at Rs. 25.00 and Rs. 22.25 respectively. The current market cap of the company is Rs. 729 crore.
The promoters holding in the company stood at 41.3 % while Institutions and Non-Institutions held 29.46% and 21.21% respectively.
Usha Martin has signed a technical assistance agreement with Aichi Steel Corporation (ASC), a leading specialty steel and forging company of Japan. With technical assistance from Aichi Steel, Usha Martin aims to achieve operational excellence and enhance quality level of its steel products to the best in the class.
Usha Martin is a major manufacturer of wire rods, bright bars, steel wires, speciality wires, wire ropes, strand, conveyor cord, wire drawing and cable machinery.
