Incredible Industries Ltd Demonstrates Resilience Amid Decreased Investor Participation

Jun 24 2025 12:00 PM IST
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Incredible Industries Ltd, a microcap in the Iron & Steel Products sector, reached its upper circuit limit today, with an intraday high of Rs 41.89. The stock demonstrated positive momentum, outperforming its sector and maintaining strong performance metrics despite a decline in investor participation.
Incredible Industries Ltd, a microcap player in the Iron & Steel Products sector, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 41.89, reflecting a notable increase of 4.99% from its previous trading session. The last traded price (LTP) stands at Rs 41.80, marking an absolute change of Rs 1.90, or a percentage change of 4.76%.

Trading volume for the day was recorded at approximately 0.02888 lakh shares, resulting in a turnover of Rs 0.012 crore. The stock opened with a gain of 2.63%, indicating positive momentum from the start of the trading day. Performance metrics reveal that Incredible Industries has outperformed its sector by 2.65%, while the broader market, represented by the Sensex, saw a return of 1.22%.

Despite a recent decline in investor participation, with delivery volume decreasing by 32.26% against the five-day average, the stock remains above its 5-day, 50-day, 100-day, and 200-day moving averages. Overall, Incredible Industries Ltd's performance today underscores its resilience in the market, reflecting a strong position within its industry.
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