{
  "main_header": {
    "sid": 180856,
    "name": "Incredible Indus",
    "stock_name": "Incredible Indus",
    "full_name": "Incredible Industries Ltd",
    "name_url": "stocks-analysis/incredible-indus",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "39.89",
    "chg": -1.58,
    "chgp": "-3.81%",
    "dir": -1,
    "prev_price": "41.47",
    "mcapval": "196.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 538365,
    "symbol": "INCREDIBLE",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE452L01012",
    "curr_date": "Dec 23",
    "curr_time": "",
    "bse_nse_vol": "4.76 k",
    "exc_status": "Active",
    "traded_date": "Dec 23, 2025",
    "traded_date_str": "2025 12 23",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/incredible-indus-180856-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Why is Incredible Indus falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-incredible-indus-fallingrising-3766106",
        "imagepath": "",
        "date": "2025-12-23 01:44:50",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Investor Activity</strong></p>\n<p>Incredible Industries has recorded gains over the past two days, accumulating a 5.66% return during this period. This short-term rally contrasts with the stock’s underperformance over longer horizons, signalling a potential shift in investor sentiment or technical positioning. The stock’s price currently trades above its 5-day, 20-day, and 200-day moving averages, indicating some recent strength. However, it remains below the 50-day and 100-day moving averages, suggesting that medium-term momentum is still subdued.</p>\n<p>Investor participation has notably increased, with delivery volumes on 19 Dec surging by 336.51% compared to the five-day average. This heightened activity points to renewed interest from market participants, which..."
      },
      {
        "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...."
      },
      {
        "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-3703214",
        "imagepath": "",
        "date": "2025-11-14 23:50:28",
        "description": "Answer:\nThe historical performance of Incredible Indus shows a fluctuating trend in net sales, with a peak of 818.16 Cr in Mar'24 and a decline to 756.14 Cr in Mar'25. The total operating income followed a similar pattern, decreasing from 818.16 Cr in Mar'24 to 756.14 Cr in Mar'25. Raw material costs have also seen a decrease, from 762.53 Cr in Mar'24 to 711.55 Cr in Mar'25. Operating profit (PBDIT) increased from 21.54 Cr in Mar'24 to 22.07 Cr in Mar'25, indicating improved operational efficiency. Profit before tax rose significantly from 9.97 Cr in Mar'24 to 13.23 Cr in Mar'25, leading to a profit after tax of 12.49 Cr in Mar'25, up from 5.97 Cr in Mar'24. The earnings per share (EPS) also improved from 1.28 in Mar'24 to 2.67 in Mar'25. On the balance sheet, total liabilities decreased from 210.04 Cr in Mar'24 to 194.06 Cr in Mar'25, while total assets also declined from 210.04 Cr to 194.06 Cr in the same..."
      },
      {
        "title": "Why is Incredible Indus falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-incredible-indus-fallingrising-3693450",
        "imagepath": "",
        "date": "2025-11-12 22:16:32",
        "description": "As of 12-Nov, Incredible Industries Ltd is experiencing a price increase, currently at Rs 46.23, reflecting a rise of 2.43 or 5.55%. The stock has shown a positive trend today, outperforming its sector by 6.38% and reversing a three-day decline. It opened with a significant gain of 5.48% and reached an intraday high of Rs 46.23. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. However, there has been a slight decline in investor participation, with delivery volume falling by 1.53% compared to the 5-day average, which may suggest some caution among investors.\n\nIn the broader market context, Incredible Industries Ltd has outperformed the Sensex over the past week, gaining 5.24% compared to the benchmark's 1.21%. Over the last month, the stock has also shown a modest increase of 2.66%, slightly ahead of the Sensex's 2..."
      }
    ],
    "total": 5358,
    "sid": "180856",
    "stock_news_url": "https://www.marketsmojo.com/news/incredible-industries-180856"
  },
  "announcements": [
    {
      "caption": "Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.",
      "datetime": "13-Dec-2025",
      "details": "The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 on December 13 2025 for Sungrowth Share & Stocks Ltd",
      "source": "BSE"
    },
    {
      "caption": "Revised Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.",
      "datetime": "13-Dec-2025",
      "details": "The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 on December 13 2025 for RND Steels Ltd",
      "source": "BSE"
    },
    {
      "caption": "Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.",
      "datetime": "13-Dec-2025",
      "details": "The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 on December 13 2025 for Mahananda Suppliers Ltd",
      "source": "BSE"
    }
  ],
  "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 Indus falling/rising?

2025-12-23 01:44:50

Recent Price Movement and Investor Activity

Incredible Industries has recorded gains over the past two days, accumulating a 5.66% return during this period. This short-term rally contrasts with the stock’s underperformance over longer horizons, signalling a potential shift in investor sentiment or technical positioning. The stock’s price currently trades above its 5-day, 20-day, and 200-day moving averages, indicating some recent strength. However, it remains below the 50-day and 100-day moving averages, suggesting that medium-term momentum is still subdued.

Investor participation has notably increased, with delivery volumes on 19 Dec surging by 336.51% compared to the five-day average. This heightened activity points to renewed interest from market participants, which...

Read More

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 More

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 More

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 More

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 More

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 More

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 More

How has been the historical performance of Incredible Indus?

2025-11-14 23:50:28

Answer: The historical performance of Incredible Indus shows a fluctuating trend in net sales, with a peak of 818.16 Cr in Mar'24 and a decline to 756.14 Cr in Mar'25. The total operating income followed a similar pattern, decreasing from 818.16 Cr in Mar'24 to 756.14 Cr in Mar'25. Raw material costs have also seen a decrease, from 762.53 Cr in Mar'24 to 711.55 Cr in Mar'25. Operating profit (PBDIT) increased from 21.54 Cr in Mar'24 to 22.07 Cr in Mar'25, indicating improved operational efficiency. Profit before tax rose significantly from 9.97 Cr in Mar'24 to 13.23 Cr in Mar'25, leading to a profit after tax of 12.49 Cr in Mar'25, up from 5.97 Cr in Mar'24. The earnings per share (EPS) also improved from 1.28 in Mar'24 to 2.67 in Mar'25. On the balance sheet, total liabilities decreased from 210.04 Cr in Mar'24 to 194.06 Cr in Mar'25, while total assets also declined from 210.04 Cr to 194.06 Cr in the same...

Read More

Why is Incredible Indus falling/rising?

2025-11-12 22:16:32

As of 12-Nov, Incredible Industries Ltd is experiencing a price increase, currently at Rs 46.23, reflecting a rise of 2.43 or 5.55%. The stock has shown a positive trend today, outperforming its sector by 6.38% and reversing a three-day decline. It opened with a significant gain of 5.48% and reached an intraday high of Rs 46.23. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. However, there has been a slight decline in investor participation, with delivery volume falling by 1.53% compared to the 5-day average, which may suggest some caution among investors. In the broader market context, Incredible Industries Ltd has outperformed the Sensex over the past week, gaining 5.24% compared to the benchmark's 1.21%. Over the last month, the stock has also shown a modest increase of 2.66%, slightly ahead of the Sensex's 2...

Read More

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