INCREDIBLE INDUSTRIES LIMITED
Share Price Target & Analysis
NSE:INCREDIBLE
VWAP
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52 Week High
7.87 (17.99%)
INCREDIBLE
(Miscellaneous)Sideways to Positive
52 Week Low
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#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 51.62, 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 1.65. NSE:INCREDIBLE book value per share as of today is 28.36. The current price to book ratio for INCREDIBLE as of Nov 23, 2024 is 1.82.
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 60.98% is very crucial parameter which shows that 60.98% investors are anticipating that the price of INCREDIBLE share should go up with VWAP at 49.67.
Now, the main question is whether to BUY or SELL, NSE:INCREDIBLE at current valuation.
As per latest Analysis No. #602:-
⇑ 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 (Nov 23, 2024)
(INCREDIBLE INDUSTRIES LIMITED Daily Analysis on the basis of INCREDIBLE Intraday Graph & Trend)
INCREDIBLE INDUSTRIES LIMITED share price moved Up by 17.99% from its previous close of Rs 43.75. INCREDIBLE stock last traded price is 51.62. INCREDIBLE share price trend is Up with a total of 779979 stocks traded till now. It has touched an intraday high of Rs 52.5 and an intraday low of Rs 43.21. The INCREDIBLE trading at 51.62, Up by Rs. 7.87, or 17.99 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 17.99%. INCREDIBLE share price short term trend is Up. It suggests that INCREDIBLE Share Price for Tomorrow remains the same with VWAP at 49.67 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 |
51.62 |
INCREDIBLE Share Price Target Prediction for 2024 ^ |
45.5 - 63.9 |
INCREDIBLE Share Price Target Prediction for 2025*^ |
63.9 - 68.1 |
INCREDIBLE Share Price Target Prediction for 2026*^ |
68.1 - 72.9 |
INCREDIBLE Share Price Target Prediction for 2027*^ |
77 |
INCREDIBLE Share Price Target Prediction for 2028*^ |
79 |
INCREDIBLE Share Price Target Prediction for 2030*^ |
86 |
INCREDIBLE Current Book Value 2023 |
28.2 |
*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: @43.86MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 43.54 | BUY | 43.22 | BUY |
MA_12 | 41.89 | BUY | 42.4 | BUY |
MA_20 | 41.01 | BUY | 42.26 | BUY |
MA_32 | 42.25 | BUY | 42.7 | BUY |
MA_50 | 43.72 | BUY | 43.29 | BUY |
MA_100 | 45.39 | SELL | 43.83 | BUY |
MA_200 | 43.68 | BUY | 42.14 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 41.01 | Uptrend |
MACD | 0.57 | BUY |
ADX | 21.04 | NO or Weak Trend |
DMI (+/-) | 16.92 / 14.85 | Uptrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 55.97 | Neutral |
STOCHASTIC_K (Fast) | 58.68 | Neutral |
STOCHASTIC_D (Slow) | 54.13 | Neutral |
CCI | 61.39 | Neutral |
PSAR | 39.79 | BUY |
TRUE RANGE | 3.09 | SELL |
ATR | 2.36 | SELL |
WILLIAMS R | -10.2 | Overbought |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 66.52 | Neutral |
STOCHASTIC RSI D | 33.22 | Neutral |
MOMENTUM | 1.21 | BUY |
Duration | Value |
---|---|
1 Year | 45.47% |
3 Months | -10.85% |
1 Month | 2.84% |
1 Week | -0.05% |
Action | Overall (%) |
---|---|
BUY | 63% |
NEUTRAL / HOLD | 27% |
SELL | 10% |
Most popular Questions & Answers about INCREDIBLE
INCREDIBLE INDUSTRIES LIMITED stock last traded price is 51.62. INCREDIBLE share price moved Up by 17.99% from its previous close of Rs 43.75.
INCREDIBLE INDUSTRIES LIMITED share price trend is Up with a total of 779979 stocks traded till now. It has touched an intraday high of Rs 64.2562 and an intraday low of Rs 43.21. The INCREDIBLE trading at 51.62, Up by Rs. 7.87, or 17.99 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 49.67.
The market cap of INCREDIBLE INDUSTRIES LIMITED is ₹9750.24 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for INCREDIBLE INDUSTRIES LIMITED as of Nov 22, 2024 is 29.52.
The current price to book ratio for INCREDIBLE INDUSTRIES LIMITED as of Nov 22, 2024 is 1.82.
The highest price of INCREDIBLE INDUSTRIES LIMITED stock is ₹63.62 in the last 52-week.
The lowest price of INCREDIBLE INDUSTRIES LIMITED stock is ₹31 in the last 52-week.
INCREDIBLE INDUSTRIES LIMITED share trading at ₹51.62, Up by Rs. 7.87, or 17.99 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 ₹45.5 on downside and ₹63.9 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 ₹63.9 on downside and ₹68.1 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 ₹68.1 on downside and ₹72.9 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 ₹79 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.
The price of INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE) shares moved by 17.99%. The short-term trend for INCREDIBLE share price is Up. It implies that the share price of INCREDIBLE will stay the same tomorrow and that intraday traders should treat VWAP at 49.67 as a stop loss. Investors with a long-term outlook can track INCREDIBLE long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of INCREDIBLE stock is 19.8. Compared to the current market price of 51.62 INR, the INCREDIBLE stock is Overvalued by 61.6%.
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 1.65. INCREDIBLE INDUSTRIES LIMITED book value per share as of today is 28.36. The current price to book ratio for INCREDIBLE as of Nov 23, 2024 is 1.82.
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 | 567.35 | 13.33 | 56.93 |
JSL | 671.55 | 29.43 | 166.26 |
INCREDIBLE | 51.62 | 1.65 | 28.36 |
USHAMART | 392.90 | 9.83 | 43.31 |
TIIL | 2496.10 | 90.34 | 594.02 |
MUKANDLTD | 131.08 | 6.84 | 65.49 |
LSIL | 65.98 | 0.84 | 3.55 |
VSSL | 262.45 | 13.07 | 88.27 |
RAMASTEEL | 11.97 | 0.12 | 1.88 |
KAMDHENU | 462.75 | 21.35 | 85.87 |