Incredible Indus

Market Cap: Micro Cap
Industry: Steel/Sponge Iron/Pig Iron
ISIN: INE452L01012
NSEID: INCREDIBLE
BSEID: 538365

INR

34.01

-2.49 (-6.82%)

BSENSE

Apr 11, 12:50 PM

BSE+NSE Vol: 3.13 k

{
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    "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": "34.01",
    "chg": -2.49,
    "chgp": "-6.82%",
    "dir": -1,
    "prev_price": "36.50",
    "mcapval": "159.04 Cr",
    "mcap": "Micro Cap",
    "scripcode": 538365,
    "symbol": "INCREDIBLE",
    "ind_name": "Steel/Sponge Iron/Pig Iron",
    "ind_code": 23,
    "isin": "INE452L01012",
    "curr_date": "Apr 11, 12:50 PM",
    "curr_time": "00:09 AM",
    "bse_nse_vol": "3.13 k",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
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  "news": {
    "results": [
      {
        "title": "Incredible Industries Adjusts Valuation Grade Amid Competitive Market Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/incredible-industries-valuation-grade-upgraded-from-attractive-to-very-attractive-1669959",
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        "date": "2025-04-02 08:00:20",
        "description": "Incredible Industries, a microcap player in the Steel/Sponge Iron/Pig Iron sector, has recently undergone a valuation adjustment, reflecting its financial metrics and market position. The company currently showcases a PE ratio of 16.99 and an EV to EBITDA ratio of 9.89, indicating a competitive stance within its industry. Its PEG ratio stands at 0.24, suggesting a favorable growth outlook relative to its earnings.\n\nIn comparison to its peers, Incredible Industries maintains a strong position. For instance, Beekay Steel Industries, also categorized as very attractive, has a lower PE ratio of 7.6, while Gandhi Special Tube is noted as very expensive with a PE of 13.23. Ratnaveer Precision and Suraj are positioned as attractive and expensive, respectively, with PE ratios of 17.73 and 27.92. \n\nIn terms of performance, Incredible Industries has shown varied returns, with a year-to-date decline of 23.10%, contras..."
      },
      {
        "title": "Incredible Industries Faces Technical Shift Amidst Mixed Financial Performance and Challenges",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/incredible-industries-receives-sell-upgrade-amid-mixed-financial-performance-and-challenges-1576030",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/IncredibleIndus_mojoScore_772829.png",
        "date": "2025-03-25 08:10:58",
        "description": "Incredible Industries, a microcap in the Steel/Sponge Iron/Pig Iron sector, has experienced a recent evaluation adjustment indicating a shift in its technical outlook. Key indicators suggest a bearish trend, despite positive Q3 FY24-25 financial performance. Challenges include low long-term ROCE and a significant percentage of pledged promoter shares."
      },
      {
        "title": "Incredible Industries Reports Profit Surge Amidst Long-Term Challenges and Pledged Shares",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/incredible-industries-downgraded-to-strong-sell-amid-weak-financial-performance-1423515",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/IncredibleIndus_mojoScore_682530.png",
        "date": "2025-03-18 08:08:55",
        "description": "Incredible Industries, a microcap in the Steel/Sponge Iron/Pig Iron sector, has reported a significant profit increase for Q3 FY24-25. However, challenges persist, including weak long-term fundamentals and modest growth rates. The stock's technical indicators suggest a bearish trend, compounded by a high percentage of pledged promoter shares."
      },
      {
        "title": "Incredible Industries Faces Significant Volatility Amid Broader Market Decline",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/incredible-industries-hits-52-week-low-amid-continued-stock-decline-and-pledged-shares-1178095",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/IncredibleIndus_priceRelatedfactors_563319.png",
        "date": "2025-03-03 15:50:48",
        "description": "Incredible Industries, a microcap in the Steel sector, has hit a new 52-week low, reflecting significant volatility and underperformance compared to its sector. The stock has declined over the past three days and is trading below key moving averages, indicating a bearish trend amid broader market challenges."
      },
      {
        "title": "Incredible Industries Reports Profit Surge Amidst Ongoing Market Challenges and Share Pledge Concerns",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/incredible-industries-downgraded-to-strong-sell-amid-weak-long-term-fundamentals-1047212",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/IncredibleIndus_mojoScore_463050.png",
        "date": "2025-02-18 18:32:24",
        "description": "Incredible Industries, a microcap in the Steel/Sponge Iron/Pig Iron sector, recently experienced an evaluation adjustment amid a complex financial landscape. The company reported a significant profit increase for the December 2024 quarter, yet faces challenges such as high promoter share pledges and a bearish market position, impacting its long-term growth outlook."
      },
      {
        "title": "Incredible Industries Faces Significant Stock Volatility Amid Industry Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/incredible-industries-stock-nears-52-week-low-amid-continued-decline-1045804",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/IncredibleIndus_priceRelatedfactors_461196.png",
        "date": "2025-02-18 15:35:15",
        "description": "Incredible Industries, a microcap in the Steel/Sponge Iron/Pig Iron sector, has faced notable stock volatility, nearing its 52-week low. The stock has declined 14.82% over three days and is trading below key moving averages, reflecting broader industry challenges and a significant year-over-year decline compared to the Sensex."
      },
      {
        "title": "Incredible Industries Reports Mixed Financial Results with Strong PAT Growth and Declining Sales in December 2024",
        "link": "https://www.marketsmojo.com/news/result-analysis/incredible-industries-reports-57-pat-growth-despite-13-1-decline-in-net-sales-for-dec24-1041652",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/IncredibleIndus_quaterlyResult_452321.png",
        "date": "2025-02-17 17:48:17",
        "description": "Incredible Industries has announced its financial results for the quarter ending December 2024, revealing a significant increase in Profit After Tax to Rs 3.03 crore. However, net sales declined to Rs 161.87 crore, and the Debtors Turnover Ratio hit a low, indicating mixed performance overall."
      },
      {
        "title": "Incredible Industries Faces Significant Stock Decline Amid Ongoing Market Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/incredible-industries-hits-new-52-week-low-amid-continued-stock-decline-1039715",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/IncredibleIndus_priceRelatedfactors_450793.png",
        "date": "2025-02-17 09:36:16",
        "description": "Incredible Industries, a microcap in the Steel/Sponge Iron/Pig Iron sector, has hit a new 52-week low amid significant volatility, underperforming its sector. The stock has declined consecutively over two days and is trading below all major moving averages, reflecting ongoing challenges in the market."
      },
      {
        "title": "Incredible Industries Faces High Volatility Amid Broader Steel Sector Challenges in October 2023",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/incredible-industries-hits-52-week-low-of-rs-34-amid-high-volatility-in-february-2025-1012196",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/IncredibleIndus_priceRelatedfactors_449208.png",
        "date": "2025-02-14 13:35:23",
        "description": "Incredible Industries, a microcap in the Steel sector, faced significant volatility today, hitting a new 52-week low. The stock initially surged but ultimately underperformed its sector. Over the past year, it has declined substantially, trading below key moving averages amid challenging market conditions."
      }
    ],
    "total": 3384,
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  },
  "announcements": [
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "09-Apr-2025",
      "details": "Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 for the quarter ended March 31 2025.",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "26-Mar-2025",
      "details": "Intimation for Closure of Trading Window.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "15-Feb-2025",
      "details": "Newspaper Publication of Unaudited Financial Result for the quarter and nine months ended 31st December 2024.",
      "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": []
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}

News and Views

Incredible Industries Adjusts Valuation Grade Amid Competitive Market Landscape

2025-04-02 08:00:20

Incredible Industries, a microcap player in the Steel/Sponge Iron/Pig Iron sector, has recently undergone a valuation adjustment, reflecting its financial metrics and market position. The company currently showcases a PE ratio of 16.99 and an EV to EBITDA ratio of 9.89, indicating a competitive stance within its industry. Its PEG ratio stands at 0.24, suggesting a favorable growth outlook relative to its earnings. In comparison to its peers, Incredible Industries maintains a strong position. For instance, Beekay Steel Industries, also categorized as very attractive, has a lower PE ratio of 7.6, while Gandhi Special Tube is noted as very expensive with a PE of 13.23. Ratnaveer Precision and Suraj are positioned as attractive and expensive, respectively, with PE ratios of 17.73 and 27.92. In terms of performance, Incredible Industries has shown varied returns, with a year-to-date decline of 23.10%, contras...

Incredible Industries Faces Technical Shift Amidst Mixed Financial Performance and Challenges

2025-03-25 08:10:58

Incredible Industries, a microcap in the Steel/Sponge Iron/Pig Iron sector, has experienced a recent evaluation adjustment indicating a shift in its technical outlook. Key indicators suggest a bearish trend, despite positive Q3 FY24-25 financial performance. Challenges include low long-term ROCE and a significant percentage of pledged promoter shares.

Incredible Industries Reports Profit Surge Amidst Long-Term Challenges and Pledged Shares

2025-03-18 08:08:55

Incredible Industries, a microcap in the Steel/Sponge Iron/Pig Iron sector, has reported a significant profit increase for Q3 FY24-25. However, challenges persist, including weak long-term fundamentals and modest growth rates. The stock's technical indicators suggest a bearish trend, compounded by a high percentage of pledged promoter shares.

Incredible Industries Faces Significant Volatility Amid Broader Market Decline

2025-03-03 15:50:48

Incredible Industries, a microcap in the Steel sector, has hit a new 52-week low, reflecting significant volatility and underperformance compared to its sector. The stock has declined over the past three days and is trading below key moving averages, indicating a bearish trend amid broader market challenges.

Incredible Industries Reports Profit Surge Amidst Ongoing Market Challenges and Share Pledge Concerns

2025-02-18 18:32:24

Incredible Industries, a microcap in the Steel/Sponge Iron/Pig Iron sector, recently experienced an evaluation adjustment amid a complex financial landscape. The company reported a significant profit increase for the December 2024 quarter, yet faces challenges such as high promoter share pledges and a bearish market position, impacting its long-term growth outlook.

Incredible Industries Faces Significant Stock Volatility Amid Industry Challenges

2025-02-18 15:35:15

Incredible Industries, a microcap in the Steel/Sponge Iron/Pig Iron sector, has faced notable stock volatility, nearing its 52-week low. The stock has declined 14.82% over three days and is trading below key moving averages, reflecting broader industry challenges and a significant year-over-year decline compared to the Sensex.

Incredible Industries Reports Mixed Financial Results with Strong PAT Growth and Declining Sales in December 2024

2025-02-17 17:48:17

Incredible Industries has announced its financial results for the quarter ending December 2024, revealing a significant increase in Profit After Tax to Rs 3.03 crore. However, net sales declined to Rs 161.87 crore, and the Debtors Turnover Ratio hit a low, indicating mixed performance overall.

Incredible Industries Faces Significant Stock Decline Amid Ongoing Market Challenges

2025-02-17 09:36:16

Incredible Industries, a microcap in the Steel/Sponge Iron/Pig Iron sector, has hit a new 52-week low amid significant volatility, underperforming its sector. The stock has declined consecutively over two days and is trading below all major moving averages, reflecting ongoing challenges in the market.

Incredible Industries Faces High Volatility Amid Broader Steel Sector Challenges in October 2023

2025-02-14 13:35:23

Incredible Industries, a microcap in the Steel sector, faced significant volatility today, hitting a new 52-week low. The stock initially surged but ultimately underperformed its sector. Over the past year, it has declined substantially, trading below key moving averages amid challenging market conditions.