519.80 21.85(4.39%)
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Usha Martin Limited is a leading producer of specialty steel and one of the largest wire rope manufacturers globally. The Company is engaged in the business of Wire and Wire ropes - Manufacture and sale of steel wires, strands, wire ropes, cord, related accessories,wire drawing and allied machine, etc. They operate 6 manufacturing facilities in Ranchi, Hoshiarpur, Silvassa, Dubai, Bangkok and the United Kingdom. They are also having their overseas manufacturing operations in Thailand, United Kingdom, United States and Dubai. The company operates in three manufacturing divisions, namely steel, wire ropes and others. The steel division manufactures steel wire rods, rolled products, billets, pig iron and allied products. The wire and wire ropes division manufactures steel wires, strands, wire ropes, cord, bright bar, related accessories. Its other division manufactures wire drawing and allied machineries, jelly filled telecommunication cables. Usha Martin Limited was initially incorporated as 'Usha Beltron Limited' in 1986. The name of the Company was changed to Usha Martin Limited on May 1, 2003. It was jointly promoted by Usha Martin Industries Limited and the Bihar State Electronic Development Corporation. The company manufactured Jelly Filled Telephone Cables in collaborat...