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Incredible Industries Share Price Target 2024, 2025, 2026 to 2039 With Charts
Incredible Industries Limited | |||
 | Symbol: INCREDIBLE | ||
| Price: ₹52.5 | |||
| Exchange: NSE | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Incredible Industries Brief Company Overview
- 1.1: Incredible Industries Limited: A Steel Giant with a Diverse Portfolio
- 1.2: Incredible Industries Financial Performance
- 1.2.1: Is Incredible Industries A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Incredible Industries Share Price Target For 2024
- 2.1.1: Incredible Industries Share Price Target Table For 2024
- 2.1.2: Summary: Incredible Industries Share Price Prediction For 2024
- 2.2: Incredible Industries Share Price Target For 2025
- 2.2.1: Incredible Industries Share Price Target Table For 2025
- 2.2.2: Summary: Incredible Industries Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Incredible Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Incredible Industries Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Incredible Industries Past Performance
Incredible Industries Brief Company Overview
Incredible Industries Limited: A Steel Giant with a Diverse Portfolio
Based in Kolkata, India, Incredible Industries Limited (formerly Adhunik Industries Limited) has been a prominent player in the iron and steel industry since 1979.
The company's diverse product range includes steel-related rolled products (TMT bars, wire rods, H.B. wires), billets, linkedge, annaling, torkari, and wire nail products. Incredible Industries also generates electricity through wind power and exports its products globally.
With a strong reputation in the industry, the company is known for its commitment to providing high-quality products and services. Its diverse product portfolio caters to a wide range of customer needs, making it a reliable partner in the construction, infrastructure, and manufacturing sectors.
Incredible Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 205.71 Crore | Market valuation of Incredible Industries's shares. |
| Revenue (TTM) | 773.87 Crore | Total revenue generated by Incredible Industries over the past twelve months. |
| Net Income (TTM) | +6.25 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 2.09% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 0.8% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -20.3% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +21.5% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 32.58 | Company's total debt divided by total shareholder equity. |
| Total Debt | 43.2 Crore | Sum of Incredible Industries's current & long-term financial obligations. |
| Total Cash | 10.8 Crore | Total amount of liquid funds available to Incredible Industries. |
| Beta | 0.61 | Beta is less than 1 indicating that the Incredible Industries's price is less volatile than the market. |
Is Incredible Industries A Good Buy For Long Term?
Incredible Industries, a small-cap stock with a market cap of ₹201.17 crore, presents a mixed picture for long-term investors. While its 73.70% return over the past three years and 30.92% YTD return are impressive, a negative 5.07% return over five years raises concerns. The low profit margin of 0.8% and a significant debt of ₹43.2 crore against a cash balance of ₹10.8 crore warrant caution. Although revenue reached ₹773.87 crore (TTM), a 20.3% revenue drop quarter-over-quarter signals potential instability. Therefore, it's currently an average buy, requiring further due diligence before a long-term investment.
To predict the Incredible Industries's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Incredible Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Incredible Industries with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Incredible Industries shares in 2024, see the table below.
Incredible Industries Share Price Target Table For 2024
| Incredible Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 45.26 (-13.8%) | Technical Indicator: MA100 |
| 2024 Target 2 | 44.80 (-14.67%) | Price Action: Oct 2023 High |
| 2024 Target 1 | 44.24 (-15.74%) | Price Action: 16 Oct 2024 High |
| Current Price | 52.50 | Incredible Industries's 1 share price as of Fri 22 Nov 2024 |
| Stop Loss 1 | 43.35 (-17.43%) | Price Action: Jun 2024 Low |
| Stop Loss 2 | 42.77 (-18.54%) | Price Action: 06 Nov 2024 High |
| Stop Loss 3 | 42.25 (-19.53%) | Price Action: Dec 2018 Low |
Summary: Incredible Industries Share Price Prediction For 2024
In summary, Incredible Industries has surged by ₹10.25, achieving a notable +30.60% increase from 1st January 2024 to 22 Nov 2024. Our analysis of Incredible Industries for 2024 predicts an additional rise of -15.74% to -13.8% by the end of 2024 with three potential targets T1: 44.24, T2: 44.80, T3: 45.26. Stop Loss at SL1: 43.35, SL2: 42.77, SL3: 42.25.
Incredible Industries has a 52-week high of ₹63.62, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹31.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Incredible Industries.
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Incredible Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Incredible Industries with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Incredible Industries shares in 2025, see the table below.
Incredible Industries Share Price Target Table For 2025
| Incredible Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 58.76 (+11.92%) | Price Action: Chart |
| 2025 Target 2 | 57.66 (+9.82%) | Custom Fibonacci Extension Lvl 64.9% |
| 2025 Target 1 | 56.76 (+8.11%) | Fibonacci Extension Level 123.6% |
| Current Price | 52.50 | Incredible Industries's 1 share price as of Fri 22 Nov 2024 |
| Stop Loss 1 | 40.30 (-23.24%) | Price Action: Oct 2018 Low |
| Stop Loss 2 | 39.75 (-24.29%) | Price Action: 04 Nov 2024 Low |
| Stop Loss 3 | 39.04 (-25.64%) | Price Action: Apr 2024 Low |
Summary: Incredible Industries Share Price Prediction For 2025
In summary, Incredible Industries has surged by ₹10.25, achieving a notable +30.60% increase from 1st January 2024 to 22 Nov 2024. Our analysis of Incredible Industries for 2025 predicts an additional rise of 8.11% to 11.92% by the end of 2025 with three potential targets T1: 56.76, T2: 57.66, T3: 58.76. Stop Loss at SL1: 40.30, SL2: 39.75, SL3: 39.04.
Incredible Industries has a All-Time high of ₹193.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹31.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Incredible Industries, we have created a specific page for that check here: Incredible Industries Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Incredible Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Incredible Industries share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 3.33% over the next 15 years.
For complete year by year Incredible Industries long term share price target from 2024, 2025 to 2039 check the below table.
Incredible Industries Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Incredible Industries Target | YoY Change % |
|---|---|---|
| 2024 | ₹52.5 | [Current Price] |
| 2024 | ₹41.95 | -20.1% |
| 2025 | ₹47.19 | 12.49% |
| 2026 | ₹49.9 | 5.74% |
| 2027 | ₹50.7 | 1.6% |
| 2028 | ₹48.76 | -3.83% |
| 2029 | ₹50.69 | 3.95% |
| 2030 | ₹56.63 | 11.71% |
| 2031 | ₹59.5 | 5.06% |
| 2032 | ₹60.09 | 0.99% |
| 2033 | ₹57.47 | -4.37% |
| 2034 | ₹59.43 | 3.41% |
| 2035 | ₹66.06 | 11.15% |
| 2036 | ₹69.09 | 4.6% |
| 2037 | ₹69.48 | 0.54% |
| 2038 | ₹66.18 | -4.75% |
| 2039 | ₹66.31 | 0.21% |
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Incredible Industries Past Performance
- In 2016, Incredible Industries opening price was ₹93.8
- As of Fri 22 Nov 2024 the price stands at ₹52.5.
- This represents a Compound Annual Growth Rate (CAGR) of -6.24%.
- In 8 years, an investment of 10,000 would have become ₹5,597.01.
As we wrap up, we hope you like our study on Incredible Industries share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
