Incredible Industries Ltd

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Start SIP in Incredible Industries Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
25.07% Fall from 52W High
-16.6
TTM PE Ratio
Below industry Median
30.3
Price to Book Ratio
Below industry Median
1.4
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is much higher than 1
1.4
RSI
RSI is mid-range
48.4
MFI
MFI is mid-range
37

Incredible Industries Ltd shareholding Pattern

Promoter
75%
Public
25%
Promoter
75%
Public
25%
Promoter
75%
Public
25%
Promoter
75%
Public
25%
Promoter
75%
Public
25%
Promoter
75%
Public
25%

Incredible Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
6
Bearish Moving Averages
10
5Day EMA
38.50
10Day EMA
38.60
12Day EMA
38.70
20Day EMA
38.90
26Day EMA
39.00
50Day EMA
39.60
100Day EMA
39.50
200Day EMA
36.90
5Day SMA
38.20
10Day SMA
38.90
20Day SMA
39.00
30Day SMA
39.00
50Day SMA
39.10
100Day SMA
42.20
150Day SMA
39.40
200Day SMA
37.10
Delivery & Volume
Resistance & Support
38.75
Pivot
Resistance
First Resistance
39.95
Second Resistance
41.20
Third Resistance
42.40
Support
First Support
37.50
Second support
36.30
Third Support
35.05
Relative Strength Index
48.43
Money Flow Index
37.01
MACD
-0.35
MACD Signal
-0.35
Average True Range
2.16
Average Directional Index
9.89
Rate of Change (21)
3.34
Rate of Change (125)
7.65
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Shah Metacorp Ltd.
180.2
2.5
5.5
Visa Steel Ltd.
-
-
-
Cosmo Ferrites Ltd.
-
-
-
Nagpur Power & Industries Ltd.
-
-
-
Aerpace Industries Ltd.
-
-
-
Chaman Metallics Ltd.
-
-
-

Incredible Industries Ltd Company background

Founded in: 1979
Managing director: RAMA SHANKAR GUPTA
Adhunik Industries Limited, public limited company was incorporated in August 23, 1979. The Company is engaged in production of iron and steel related rolled products such as TMT bars, wire rods, H. B. Wire etc mainly used in construction industry. Besides, it has a manufacturing plant in Durgapur, West Bengal.SEBI vide its letterbearing no. SEBI/HO/ISD/OW/P/2017/18183 dated August 7, 2017 duly addressed to the three Stock Exchanges forwarded a list of 331 suspected shell companies as identified by Ministry of Corporate Affairs and directed the Stock Exchanges to identify the companies listed on their trading platform and place trading in all such listed securities in Stage VI of the Graded Surveillance Measure (GSM) with immediate effect. The Company was also aggrieved by the communication of Securities and Exchange Board of India (SEBI) addressed to the three stock exchanges on August 7, 2017 and the consequential order passed by National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on August 7, 2017 itself by placing securities of the Company in GSM Stage VI with effect from August 8, 2017. The Company had made a representation to SEBI on August 9, 2017 against the impugned communication of SEBI dated August 7, 2017 and also provided the required information asked by National Stock Exchange of India Limited (NSE) vide its communication dated August 9, 2017 and BSE Limited vide its communication dated August 10, 2017. Since no action was taken on the said representation dated August 9, 2017 and after providing required information to NSE and BSE, the Company had filed an appeal to Securities Appellate Tribunal (SAT). The SAT after hearing both the parties directed SEBI and the Stock Exchanges vide its order dated September 21,2017 to reverse their decisions dated August 7, 2017 which were all passed without hearing the appellant.The Company had sought approval of shareholders by way of postal ballot on January 12, 2018 for enhancement of limit of related party transactions. However, due to frequent market fluctuations and volatility in the iron and steel market, the Company need to procure larger quantity of raw materials than the expected quantity from the related party M/s. Adhunik Alloys Power Limited in order to keep the purchase of raw materials of the Company cost effective. Thus, the company exceeded the earlier limit approved of Rs.40,00,00,000/. Further, pursuant to Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) 2015, the Company is seeking approval of shareholders for ratification of the same by way of postal ballot. The notice of postal ballot is approved by the Board of Directors in its meeting held on 16th May 2018.SEBI had passed an interim order on 21st September 2018 against the Company on the basis of certain prima facie observations in the matter of suspected shell companies and had advised the Company to submit their reply to the points contained in the Interim Order and also give an opportunity of personal hearing, if the Company wish to avail. The Company had filed its reply to the observations made in the Interim Order within the prescribed time. The Company had also requested SEBI to grant an opportunity of personal hearing in the matter and pursuant to that SEBI had granted the opportunity of personal hearing to the Company. During the course of said hearing, SEBI had sought certain additional documents from the Company, which it had submitted within the prescribed time limit. The Company had not received any further communication from SEBI against additional submission made by it post hearing in the subject matter.
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Incredible Industries Ltd FAQs

Incredible Industries Ltd shares are currently priced at 38.7 on NSE and 38.89 on BSE as of 5/27/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Incredible Industries Ltd [INCREDIBLE] share was 85.16. The Incredible Industries Ltd [INCREDIBLE] share hit a 1-year low of Rs. 20 and a 1-year high of Rs. 51.65.

The market cap of Incredible Industries Ltd is Rs. 180.98 Cr. as of 5/27/2024 12:00:00 AM.

The PE ratios of Incredible Industries Ltd is 31.62 as of 5/27/2024 12:00:00 AM.

The PB ratios of Incredible Industries Ltd is 1.41 as of 5/27/2024 12:00:00 AM

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