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INCREDIBLEINCREDIBLE INDUSTRIES LIMITED

Metals · Steel · NSE · as of 2026-10-26 (delayed ~30 min in market hours)

Incredible Industries Limited manufactures and sells iron and steel products in India. The company offers steel related rolled products, such as TMT bars, wire rods, H.B. wires, etc., as well as related services. It also offers billets, linkedge, annaling, torkari, and wire nail products. In addition, the company engages in the generation of electricity through wind power. It also exports its products. The company was formerly known as Adhunik Industries Limited and changed its name to Incredible Industries Limited in May 2021. Incredible Industries Limited was incorporated in 1979 and is based in Kolkata, India.

₹28.94
▼ 0.92%
27Weak

Mkt Cap
₹136 Cr
P/E
11.1
P/B
0.8
Div Yield
0.00%
52W High
₹47.95
52W Low
₹28.10

Price & Volume

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Key Ratios

Market Cap (₹ cr)135.50
P/E11.09
P/B0.81
PEG1.26
ROE %7.30
ROCE %9.20
Debt / Equity0.22
EPS2.61
Revenue Growth %-3.10
Profit Growth %8.80
Dividend Yield %0.00
Promoter Holding %91.98
FII Holding %0.00
DII Holding %—
Beta0.29

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on INCREDIBLE — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 72%

Why avoid

  • • Overall evidence is weak (AlgoScore 27/100)
  • • Revenue growth: -3.1% YoY
  • • ROE: 7.3%
  • • RSI: 36
  • • MACD: bearish

Bull case

  • • Debt/Equity: 0.22
  • • Promoter holding: 92.0%
  • • Valuation vs sector: P/E 11.1 vs sector 18.2

Bear case

  • • Revenue growth: -3.1% YoY
  • • ROE: 7.3%
  • • RSI: 36
  • • MACD: bearish

Key risks

  • • Elevated volatility / drawdown profile — size positions accordingly
  • • Momentum is fading versus the broader market
  • • Revenue growth: -3.1% YoY
  • • ROE: 7.3%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹28.94
Stop Loss
₹27.84
risk 3.8%
Target 1 (1.5R)
₹30.59
+5.7%
Target 2 (3R)
₹32.24
+11.4%
Support (20d)
₹28.12
Resistance (52w)
₹47.95
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹1.10/share
ATR (volatility)
₹1.86
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹1.86). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental50
Technical21
Momentum5
Risk (safety)30

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SAMBHV▲ 0.36%
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