Smart Money Alert

Usha Martin Limited

DecreasedSAST

USHAMARTIron & Steel ProductsMarket Cap₹15K Cr

Stake

0.80% → 0.73%

Deal value

₹9.54 Cr

2.00 L

Trade date

15 Sept 2026

Since alert−3.4%₹507.20 → ₹490.10

Nifty 50+7.3%

Peterhouse Investments Limited

Promoter

The move

Peterhouse Investments Limited sold 2 lakh shares of Usha Martin Limited for ₹9.54 Cr at ₹477.10 apiece through an open market sale, reducing its stake from 0.80% to 0.73%.

About Usha Martin Limited

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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.

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