Steel
Steel - Wires
from 511 today
Usha Martin delivered strong Q1FY27 results with 44% YoY EBITDA growth, supported by a superior product mix, higher NSR, and strong volume growth in India, US, and Europe. We upgrade our FY28/29E EBITDA estimates by 2.3%/0.8% and maintain BUY with a revised target price of INR 594.
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