SSelectStock

INCREDIBLEINCREDIBLE INDUSTRIES LIMITED

Metals · Steel · NSE · as of 2026-09-11 (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.

33.58
8.39%
51Average

Mkt Cap
₹157 Cr
P/E
13.3
P/B
1.0
Div Yield
0.00%
52W High
₹49.88
52W Low
₹28.10

Price & Volume

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Key Ratios

Market Cap (₹ cr)156.60
P/E13.27
P/B0.96
PEG1.51
ROE %7.30
ROCE %9.20
Debt / Equity0.22
EPS2.53
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 56%

Why avoid

  • Risk gate: safety score is only 29/100 — volatility, drawdown or liquidity is too poor for a buy call, whatever the chart says
  • Revenue growth: -3.1% YoY
  • ROE: 7.3%
  • Price vs SMA200: below
  • Golden cross setup: SMA50 below SMA200

Bull case

  • Debt/Equity: 0.22
  • Promoter holding: 92.0%
  • Valuation vs sector: P/E 13.3 vs sector 21.6
  • RSI: 55

Bear case

  • Revenue growth: -3.1% YoY
  • ROE: 7.3%
  • Price vs SMA200: below
  • Golden cross setup: SMA50 below SMA200

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Revenue growth: -3.1% YoY
  • ROE: 7.3%

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

Trade Plan

Entry (CMP)
₹33.58
Stop Loss
₹30.20
risk 10.1%
Target 1 (1.5R)
₹38.64
+15.1%
Target 2 (3R)
₹43.71
+30.2%
Support (20d)
₹30.51
Resistance (52w)
₹49.88
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹3.38/share
ATR (volatility)
₹1.85
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹1.85). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental49
Technical68
Momentum45
Risk (safety)29

Peers — Metals

BHAGYANGR 2.23%
80
SAMBHV 1.08%
78
WELCORP 3.61%
78
VSSL 1.39%
77
RSL 1.82%
77
ARIES 1.49%
76