Quant Mutual Fund cut its stake in Usha Martin from 3.83% to 3.57%, selling 7,66,312 shares.
A manufacturer of steel wires, strands, wire ropes, and cords serving industrial applications across India. The company produces specialized wire products and related accessories for construction, mining, infrastructure, and marine sectors. Usha Martin also manufactures wire drawing machines and allied equipment used in steel processing. Its integrated production facilities and technical expertise in wire manufacturing distinguish it in the domestic market.
Built a quantitative, data-driven investment philosophy in an industry dominated by discretionary stock pickers. Manages over Rs 1.2 lakh crore. Founded by Sanjeev Sharma, Quant MF uses VLRT (Valuation, Liquidity, Risk, and Time) framework to run high-turnover, tactically active portfolios. Grew from obscurity to one of India's top-15 AMCs in under five years, attracting both retail capital and scrutiny for its aggressive churn.
