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Thread on #UshaMartin 's turnaround story.

After 14 years, in Dec 2022, the steel company's stock finally crossed it's previous all time high of 147 it had hit in 2008, along with unusually high volumes. Usha Martin ATH All Time High
Let's roll back a bit.

In 2018, things weren't looking rosy for Usha Martin. They had made a loss for 4 consecutive years. Usha Martin
So what happened?

In 2018, one of the company's promoter and currently Usha Martin's Managing Director, Mr. Rajeev Jhawar, had several disagreements with the board of directors. Eventually, he successfully persuaded them to sell off their steel business. Usha Martin  Rajeev Jhawar
Read 21 tweets
Usha Martin Ltd Analysis!!
#UshaMartin

A detailed thread 🪡🧵
#StockMarket #Investing Image
About -

Usha Martin is a leading global manufacturer of wire ropes. Established in 1960, the organization has grown from strength to strength to establish itself as the market leader with its multi-unit & multi-product portfolio.
Usha Martin’s wire rope Manufacturing Facilities in Ranchi, Hoshiarpur, Dubai, Bangkok & UK produce the widest range of wire ropes that find application in various industries across the world.
Read 24 tweets
🚀45 mid & small cap #stocks from 10 different sectors that have shown improvement in fundamentals & can deliver strong growth going forward :
~ Pharma
~ Hospital
~ Metal
~ Alcohol
~ Textile
~ Logistics
~ Energy
~ Auto Ancl
~ Chemical
~ Paper

short 🧵....
Read 4 tweets

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