INCREDIBLE INDUSTRIES LIMITED
Share Price Target & Analysis

NSE:INCREDIBLE

40.42

VWAP

40.55

Open

40.45

Close

40.55

High

39.85

Low

51.65

52 Week High

39.90
1.10 (2.84%)

INCREDIBLE

(Miscellaneous)
63.1% Momentum

Sideways to Positive

19.85

52 Week Low

1.23

EPS

23.02

PE

1.47

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: INCREDIBLE Share Price Financial Analysis & Valuation

INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE) is broadly categorized in Miscellaneous segment industry which deals in Steel - Medium & Small vertical. It is one of Micro Cap company with Market Capitalization of Rs 9750.24 (in Cr). Total number of free float shares are 0 (in Lacs). INCREDIBLE INDUSTRIES LIMITED is listed on NSE with Exchange ID - INE452L01012 and trading code is NSE:INCREDIBLE with short name Incredible Ind.

In the past 1 year, INCREDIBLE INDUSTRIES LIMITED has declared an equity dividend of Rs 0 per share. At the current share price of INCREDIBLE at Rs 39.90, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:INCREDIBLE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine INCREDIBLE underlying value and future prospects. All of this data is available in INCREDIBLE financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:INCREDIBLE, it is clearly understood that INCREDIBLE is Economical performer in terms of earnings and profit margins with an EPS of 1.23. NSE:INCREDIBLE book value per share as of today is 27.08. The current price to book ratio for INCREDIBLE as of May 18, 2024 is 1.47.

Valuation of the Stock: The current valuation of INCREDIBLE stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of INCREDIBLE whether to BUY this stock at current valuation. The delivery percentage of INCREDIBLE is 74.28% is very crucial parameter which shows that 74.28% investors are anticipating that the price of INCREDIBLE share should go up with VWAP at 40.42.

Now, the main question is whether to BUY or SELL, NSE:INCREDIBLE at current valuation.
As per latest Analysis No. #416:-

STRONG BUY INCREDIBLE if All Greens

BUY INCREDIBLE (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD INCREDIBLE (With Stop Loss) if only 1 Green

SELL INCREDIBLE if NO Green Indicator

NSE: INCREDIBLE Share Price Today (May 18, 2024)

(INCREDIBLE INDUSTRIES LIMITED Daily Analysis on the basis of INCREDIBLE Intraday Graph & Trend)

INCREDIBLE INDUSTRIES LIMITED share price moved Up by 2.84% from its previous close of Rs 40.45. INCREDIBLE stock last traded price is 39.90. INCREDIBLE share price trend is Up with a total of 1249 stocks traded till now. It has touched an intraday high of Rs 40.55 and an intraday low of Rs 39.85. The INCREDIBLE trading at 39.90, Up by Rs. 1.10, or 2.84 percent which suggests that most of the Traders are anticipating that the price of INCREDIBLE share should go Up.

NSE: INCREDIBLE Share Price Tomorrow Prediction

(INCREDIBLE INDUSTRIES LIMITED Share Price Prediction for Tomorrow & future forecast is based on Current Trend of INCREDIBLE)

INCREDIBLE INDUSTRIES LIMITED share price moved Up by 2.84%. INCREDIBLE share price short term trend is Up. It suggests that INCREDIBLE Share Price for Tomorrow remains the same with VWAP at 40.42 will be treated as stop loss for intraday traders. INCREDIBLE INDUSTRIES LIMITED Long term investors can follow the INCREDIBLE long term trend as mentiond in future forecast table.

NSE Code

NSE: INCREDIBLE

INCREDIBLE Share Price Today

39.90

INCREDIBLE Share Price Target Prediction for 2024 ^

34.4 - 51.9

INCREDIBLE Share Price Target Prediction for 2025*^

51.9 - 55.3

INCREDIBLE Share Price Target Prediction for 2026*^

55.3 - 59.2

INCREDIBLE Share Price Target Prediction for 2027*^

62

INCREDIBLE Share Price Target Prediction for 2028*^

64

INCREDIBLE Share Price Target Prediction for 2030*^

70
INCREDIBLE Current Book Value 2023
26.9

*INCREDIBLE INDUSTRIES LIMITED Short Term & Long Term share price target is based on current financial year earings of the company.

^INCREDIBLE share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

INCREDIBLE Technical Analysis

Candlestick Pattern: @39.95

INCREDIBLE Moving Averages

BUY (12) NEUTRAL (0) SELL (2)
MA Simple Action S1 Expo Action E2
MA_5 38.82 BUY 38.99 BUY
MA_12 39.13 BUY 39.06 BUY
MA_20 39.08 BUY 39.23 BUY
MA_32 39.54 BUY 39.67 BUY
MA_50 39.67 BUY 40.05 SELL
MA_100 42.65 SELL 39.82 BUY
MA_200 35.66 BUY 36.26 BUY

INCREDIBLE Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 39.08 Uptrend
MACD 0.05 BUY
ADX 8.81 NO or Weak Trend
DMI (+/-) 22.2 / 22.59 Downtrend

INCREDIBLE Momentum Oscillators

BUY (1) NEUTRAL (9) SELL (2)
Momentum Oscillators Value Action
RSI 51.84 Neutral
STOCHASTIC_K (Fast) 76.25 Neutral
STOCHASTIC_D (Slow) 61.09 Neutral
CCI -17.43 Neutral
PSAR 42.55 SELL
TRUE RANGE 3.6 Neutral
ATR 2.56 Neutral
WILLIAMS R -42.95 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 57.03 Neutral
MOMENTUM -1.75 SELL

INCREDIBLE Last 1 Year Trend

Duration Value
1 Year 118.9%
3 Months -21.13%
1 Month -4.2%
1 Week 2.7%

INCREDIBLE Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 50%
NEUTRAL / HOLD 33%
SELL 17%

Most popular Questions & Answers about INCREDIBLE


INCREDIBLE INDUSTRIES LIMITED stock last traded price is 39.90. INCREDIBLE share price moved Up by 2.84% from its previous close of Rs 40.45.

INCREDIBLE INDUSTRIES LIMITED share price trend is Up with a total of 1249 stocks traded till now. It has touched an intraday high of Rs 52.1665 and an intraday low of Rs 39.85. The INCREDIBLE trading at 39.90, Up by Rs. 1.10, or 2.84 percent which suggests that most of the Traders are anticipating that the price of INCREDIBLE share should go Up and the Stop Loss will be around 40.42.

The market cap of INCREDIBLE INDUSTRIES LIMITED is ₹9750.24 (in Cr) as of May 17, 2024.

The current price to earning ratio for INCREDIBLE INDUSTRIES LIMITED as of May 17, 2024 is 23.02.

The current price to book ratio for INCREDIBLE INDUSTRIES LIMITED as of May 17, 2024 is 1.47.

The highest price of INCREDIBLE INDUSTRIES LIMITED stock is ₹51.65 in the last 52-week.

The lowest price of INCREDIBLE INDUSTRIES LIMITED stock is ₹19.85 in the last 52-week.

INCREDIBLE INDUSTRIES LIMITED share trading at ₹39.90, Up by Rs. 1.10, or 2.84 percent which suggests that most of the traders are anticipating that the price of INCREDIBLE share should go Up.

In 2023, Stock price target for INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE) are ₹34.4 on downside and ₹51.9 on upside. INCREDIBLE INDUSTRIES LIMITED share price target is based on current financial year earings of the company.

In 2024, Stock price target for INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE) are ₹51.9 on downside and ₹55.3 on upside. INCREDIBLE INDUSTRIES LIMITED share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE) are ₹55.3 on downside and ₹59.2 on upside. INCREDIBLE INDUSTRIES LIMITED share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE) will be around ₹64 INCREDIBLE INDUSTRIES LIMITED share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of INCREDIBLE.

As per the fundamental analysis of INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.23. INCREDIBLE INDUSTRIES LIMITED book value per share as of today is 27.08. The current price to book ratio for INCREDIBLE as of May 18, 2024 is 1.47.


NSE:INCREDIBLE News & Other Useful Information about INCREDIBLE Share Price


Peer Comparison of NSE: INCREDIBLE

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Steel - Medium & Small

Company Price EPS BV
SBCL 523.35 12.97 32.49
JSL 706.50 30.73 166.38
INCREDIBLE 39.90 1.23 27.08
USHAMART 352.60 10.57 43.31
TIIL 2372.25 76.36 513.41
MUKANDLTD 165.00 7.17 65.49
LSIL 62.45 0.7 3.2
VSSL 318.50 11.26 78.91
RAMASTEEL 12.85 0.16 58.43
KAMDHENU 508.50 18.61 88.13
Updated at: 17 May 2024 15:40

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