Incredible Indus

{
  "main_header": {
    "sid": 180856,
    "name": "Incredible Indus",
    "stock_name": "Incredible Indus",
    "full_name": "Incredible Industries Ltd",
    "name_url": "stocks-analysis/incredible-indus",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "37.00",
    "chg": -0.09,
    "chgp": "-0.24%",
    "dir": -1,
    "prev_price": "37.09",
    "mcapval": "174.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 538365,
    "symbol": "INCREDIBLE",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE452L01012",
    "curr_date": "Jan 19",
    "curr_time": "",
    "bse_nse_vol": "4.43 k",
    "exc_status": "Active",
    "traded_date": "Jan 19, 2026",
    "traded_date_str": "2026 01 19",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/incredible-indus-180856-1&utm_source=Spage_Header_Score",
    "mojoone": {
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  "news": {
    "results": [
      {
        "title": "Why is Incredible Industries Ltd falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-incredible-industries-ltd-fallingrising-3792390",
        "imagepath": "",
        "date": "2026-01-15 00:45:56",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Intraday Performance and Market Context</strong></p>\n<p>Incredible Industries Ltd closed at ₹38.10, up ₹1.10 from the previous close, marking a 2.97% increase as of 08:34 PM on 14-Jan. This rise came after three consecutive days of losses, signalling a short-term trend reversal. The stock outperformed its sector by 1.41% on the day, touching an intraday high of ₹38.10, while also experiencing significant volatility with a 7.32% intraday range. Despite this positive movement, the weighted average price indicates that more volume was traded near the day's low of ₹35.70, suggesting some underlying selling pressure.</p>\n<p>However, the stock remains below all key moving averages—5-day, 20-day, 50-day, 100-day, and 200-day—highlighting a prevailing bearish technical backdrop. Investor participati..."
      },
      {
        "title": "Incredible Industries Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/incredible-industries-ltd-is-rated-sell-3784502",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/IncredibleIndus_mojoScore_3784502.png",
        "date": "2026-01-07 10:10:08",
        "description": "Incredible Industries Ltd is rated Sell by MarketsMOJO, with this rating last updated on 15 Dec 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 07 January 2026, providing investors with the latest insights into the company’s performance and outlook."
      },
      {
        "title": "Incredible Industries Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/incredible-industries-ltd-is-rated-sell-3771925",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/IncredibleIndus_mojoScore_3771925.png",
        "date": "2025-12-27 10:10:04",
        "description": "Incredible Industries Ltd is rated Sell by MarketsMOJO, with this rating last updated on 15 Dec 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 27 December 2025, providing investors with the latest insights into the company’s performance and outlook."
      },
      {
        "title": "Incredible Industries Faces Mixed Signals Amidst Financial and Technical Shifts",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/incredible-industries-downgraded-to-sell-amid-technical-weakness-and-fundamental-concerns-3759624",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/IncredibleIndus_mojoScore_3759624.png",
        "date": "2025-12-16 08:22:22",
        "description": "Incredible Industries, a key player in the Iron & Steel Products sector, has experienced a notable shift in its market evaluation following recent changes across multiple analytical parameters. While the company’s financial results show encouraging signs, technical indicators and long-term fundamentals present a more nuanced picture for investors navigating the current landscape."
      },
      {
        "title": "Incredible Industries Sees Shift in Market Assessment Amid Mixed Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/marketsmojo-upgrades-incredible-industries-to-hold-on-improved-technicals-and-financial-performance-3755960",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/IncredibleIndus_mojoScore_3755960.png",
        "date": "2025-12-11 08:10:26",
        "description": "Incredible Industries, a key player in the Iron & Steel Products sector, has experienced a notable shift in market assessment driven by evolving technical indicators and a complex financial backdrop. While the company’s recent quarterly results reflect positive earnings growth and attractive valuation metrics, longer-term fundamentals and market performance present a more nuanced picture for investors."
      },
      {
        "title": "Incredible Industries Faces Market Assessment Shift Amid Mixed Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/incredible-industries-downgraded-to-sell-amid-technical-weakness-and-fundamental-concerns-3730375",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/IncredibleIndus_mojoScore_3730375.png",
        "date": "2025-11-26 08:10:38",
        "description": "Incredible Industries, a key player in the Iron & Steel Products sector, has experienced a notable shift in market assessment following recent developments across quality, valuation, financial trends, and technical indicators. The stock’s performance and underlying fundamentals present a complex picture for investors navigating the current market environment."
      },
      {
        "title": "How has been the historical performance of Incredible Indus?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-incredible-indus-3729580",
        "imagepath": "",
        "date": "2025-11-25 22:51:27",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Trends</strong></p>\n<p>Over the past seven years, Incredible Indus’s net sales have exhibited variability, peaking at ₹818.16 crores in the fiscal year ending March 2024 before moderating to ₹756.14 crores in March 2025. The company’s total operating income mirrors this trend, reflecting a recovery from a low base of ₹493.94 crores in March 2021 to a more robust scale in recent years. Raw material costs have consistently represented the largest expenditure, accounting for the majority of operating costs, with a slight reduction in absolute terms in the latest fiscal year.</p>\n<p>Operating profit (PBDIT) excluding other income has shown a steady upward trajectory, rising from ₹11.82 crores in March 2020 to ₹21.30 crores in March 2025. This improvement is reflected in..."
      },
      {
        "title": "Why is Incredible Indus falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-incredible-indus-fallingrising-3712975",
        "imagepath": "",
        "date": "2025-11-18 22:21:32",
        "description": "As of 18-Nov, Incredible Industries Ltd is experiencing a decline in its stock price, currently at Rs 43.50, which represents a decrease of Rs 1.19 or 2.66%. The stock has been underperforming, having lost value for four consecutive days, resulting in a total drop of 5.91% during this period. Today, it opened with a loss of 2.51% and reached an intraday low of Rs 43.4. Additionally, the stock has shown a significant decrease in investor participation, with delivery volume falling by 87.79% compared to the five-day average. The stock's performance over the past week and month has also been negative, with returns of -0.68% and -6.03%, respectively, indicating a consistent downward trend.\n\nIn the broader market context, the Sensex has shown a positive return of 0.96% over the past week and 0.86% over the past month, contrasting sharply with Incredible Industries' performance. This suggests that the stock is no..."
      },
      {
        "title": "Is Incredible Indus overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-incredible-indus-overvalued-or-undervalued-3709699",
        "imagepath": "",
        "date": "2025-11-18 08:19:14",
        "description": "As of 17 November 2025, the valuation grade for Incredible Indus has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered fairly valued. Key ratios include a PE ratio of 14.84, an EV to EBITDA of 8.98, and a PEG ratio of 0.18, which suggests that the stock may still offer growth potential relative to its price.\n\nIn comparison to peers, Incredible Indus has a lower PE ratio than JSW Steel, which stands at 46.87, and a more favorable PEG ratio compared to Tata Steel's 0.23. This positions Incredible Indus competitively within the iron and steel products industry. Despite recent underperformance against the Sensex, with a year-to-date return of -3.16% compared to the Sensex's 8.72%, the company's solid fundamentals and attractive valuation ratios suggest it remains a viable investment option...."
      }
    ],
    "total": 5360,
    "sid": "180856",
    "stock_news_url": "https://www.marketsmojo.com/news/incredible-industries-180856"
  },
  "announcements": [
    {
      "details": "Adhunik Industries Limited has informed the Exchange regarding 'Newspaper Publication'.",
      "source": "NSE",
      "caption": "Adhunik Industries Limited - Updates",
      "datetime": "15-Nov-2019"
    },
    {
      "details": " <table><tr><td>Adhunik Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 16, 2019. Further, the company has informed the Exchange regarding voting results. </td></tr></table>",
      "source": "NSE",
      "caption": "Shareholders meeting",
      "datetime": "17-Sep-2019"
    },
    {
      "details": " <table><tr><td>Adhunik Industries Limited has informed the Exchange regarding 'Pursuant to the provision of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed a copy of Order No. WTM/MPB/ISD/61/2019 dated August 29,2019 passed by Securities and Exchange Board of India ('SEBI'), which is self-explanatory.This is in lieu of earlier submission made by us today in the matter.'. </td></tr></table>",
      "source": "NSE",
      "caption": "Updates",
      "datetime": "30-Aug-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is Incredible Industries Ltd falling/rising?

2026-01-15 00:45:56

Intraday Performance and Market Context

Incredible Industries Ltd closed at ₹38.10, up ₹1.10 from the previous close, marking a 2.97% increase as of 08:34 PM on 14-Jan. This rise came after three consecutive days of losses, signalling a short-term trend reversal. The stock outperformed its sector by 1.41% on the day, touching an intraday high of ₹38.10, while also experiencing significant volatility with a 7.32% intraday range. Despite this positive movement, the weighted average price indicates that more volume was traded near the day's low of ₹35.70, suggesting some underlying selling pressure.

However, the stock remains below all key moving averages—5-day, 20-day, 50-day, 100-day, and 200-day—highlighting a prevailing bearish technical backdrop. Investor participati...

Read full news article

Incredible Industries Ltd is Rated Sell

2026-01-07 10:10:08

Incredible Industries Ltd is rated Sell by MarketsMOJO, with this rating last updated on 15 Dec 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 07 January 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Incredible Industries Ltd is Rated Sell

2025-12-27 10:10:04

Incredible Industries Ltd is rated Sell by MarketsMOJO, with this rating last updated on 15 Dec 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 27 December 2025, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Incredible Industries Faces Mixed Signals Amidst Financial and Technical Shifts

2025-12-16 08:22:22

Incredible Industries, a key player in the Iron & Steel Products sector, has experienced a notable shift in its market evaluation following recent changes across multiple analytical parameters. While the company’s financial results show encouraging signs, technical indicators and long-term fundamentals present a more nuanced picture for investors navigating the current landscape.

Read full news article

Incredible Industries Sees Shift in Market Assessment Amid Mixed Financial and Technical Signals

2025-12-11 08:10:26

Incredible Industries, a key player in the Iron & Steel Products sector, has experienced a notable shift in market assessment driven by evolving technical indicators and a complex financial backdrop. While the company’s recent quarterly results reflect positive earnings growth and attractive valuation metrics, longer-term fundamentals and market performance present a more nuanced picture for investors.

Read full news article

Incredible Industries Faces Market Assessment Shift Amid Mixed Financial and Technical Signals

2025-11-26 08:10:38

Incredible Industries, a key player in the Iron & Steel Products sector, has experienced a notable shift in market assessment following recent developments across quality, valuation, financial trends, and technical indicators. The stock’s performance and underlying fundamentals present a complex picture for investors navigating the current market environment.

Read full news article

How has been the historical performance of Incredible Indus?

2025-11-25 22:51:27

Revenue and Profitability Trends

Over the past seven years, Incredible Indus’s net sales have exhibited variability, peaking at ₹818.16 crores in the fiscal year ending March 2024 before moderating to ₹756.14 crores in March 2025. The company’s total operating income mirrors this trend, reflecting a recovery from a low base of ₹493.94 crores in March 2021 to a more robust scale in recent years. Raw material costs have consistently represented the largest expenditure, accounting for the majority of operating costs, with a slight reduction in absolute terms in the latest fiscal year.

Operating profit (PBDIT) excluding other income has shown a steady upward trajectory, rising from ₹11.82 crores in March 2020 to ₹21.30 crores in March 2025. This improvement is reflected in...

Read full news article

Why is Incredible Indus falling/rising?

2025-11-18 22:21:32

As of 18-Nov, Incredible Industries Ltd is experiencing a decline in its stock price, currently at Rs 43.50, which represents a decrease of Rs 1.19 or 2.66%. The stock has been underperforming, having lost value for four consecutive days, resulting in a total drop of 5.91% during this period. Today, it opened with a loss of 2.51% and reached an intraday low of Rs 43.4. Additionally, the stock has shown a significant decrease in investor participation, with delivery volume falling by 87.79% compared to the five-day average. The stock's performance over the past week and month has also been negative, with returns of -0.68% and -6.03%, respectively, indicating a consistent downward trend. In the broader market context, the Sensex has shown a positive return of 0.96% over the past week and 0.86% over the past month, contrasting sharply with Incredible Industries' performance. This suggests that the stock is no...

Read full news article

Is Incredible Indus overvalued or undervalued?

2025-11-18 08:19:14

As of 17 November 2025, the valuation grade for Incredible Indus has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered fairly valued. Key ratios include a PE ratio of 14.84, an EV to EBITDA of 8.98, and a PEG ratio of 0.18, which suggests that the stock may still offer growth potential relative to its price. In comparison to peers, Incredible Indus has a lower PE ratio than JSW Steel, which stands at 46.87, and a more favorable PEG ratio compared to Tata Steel's 0.23. This positions Incredible Indus competitively within the iron and steel products industry. Despite recent underperformance against the Sensex, with a year-to-date return of -3.16% compared to the Sensex's 8.72%, the company's solid fundamentals and attractive valuation ratios suggest it remains a viable investment option....

Read full news article

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