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Incredible Industries Share Price Target 2024, 2025, 2026 to 2039 With Charts

Incredible Industries Limited

Company LogoSymbol: INCREDIBLE
Price: ₹47.97
Exchange: NSE
Basic Materials -> Steel
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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.


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Incredible Industries Financial Performance

MetricValueDescription
Market Capital228.33 CroreMarket valuation of Incredible Industries's shares.
Revenue (TTM)773.87 CroreTotal revenue generated by Incredible Industries over the past twelve months.
Net Income (TTM)+6.25 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin2.09%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin0.8%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
32.58Company's total debt divided by total shareholder equity.
Total Debt43.2 CroreSum of Incredible Industries's current & long-term financial obligations.
Total Cash10.8 CroreTotal amount of liquid funds available to Incredible Industries.
Beta0.69Beta 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, while showing strong recent growth (72.86% returns in the past year), has a low profit margin of 0.8% and a concerning debt-to-equity ratio, indicating potential financial vulnerability. The company's small market cap also adds to the risk. While the recent performance is encouraging, long-term investors should consider the financial health and market position before making a decision. A more detailed analysis of its industry and competitors is needed to provide a definitive recommendation.

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

Incredible Industries Targets For 2024 Chart

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.

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Incredible Industries Share Price Target Table For 2024

Incredible Industries's LevelsValueReason/Importance
2024 Target 349.70 (+3.6%)Price Action: 02 Sep 2024 High
2024 Target 249.18 (+2.52%)Price Action: 21 Aug 2024 Low
2024 Target 148.65 (+1.41%)Price Action: 05 Sep 2024 High
Current Price47.97Incredible Industries's 1 share price as of Fri 06 Sep 2024
Stop Loss 147.60 (-0.78%)Price Action: 26 Aug 2024 Low
Stop Loss 247.10 (-1.82%)Price Action: 23 Aug 2024 Low
Stop Loss 346.55 (-2.97%)Price Action: Sep 2024 Low

Summary: Incredible Industries Share Price Prediction For 2024

In summary, Incredible Industries has surged by ₹14.47, achieving a notable +43.19% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Incredible Industries for 2024 predicts an additional rise of 1.41% to 3.6% by the end of 2024 with three potential targets T1: 48.65, T2: 49.18, T3: 49.70. Stop Loss at SL1: 47.60, SL2: 47.10, SL3: 46.55.

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 ₹27.30, 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

Incredible Industries Targets For 2025 Chart

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.

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Incredible Industries Share Price Target Table For 2025

Incredible Industries's LevelsValueReason/Importance
2025 Target 367.77 (+41.27%)Price Action: Chart
2025 Target 266.51 (+38.64%)Price Action: Chart
2025 Target 165.85 (+37.27%)Fibonacci Extension Level 150%
Current Price47.97Incredible Industries's 1 share price as of Fri 06 Sep 2024
Stop Loss 143.61 (-9.09%)Technical Indicator: MA150
Stop Loss 243.06 (-10.24%)Price Action: 05 Aug 2024 Low
Stop Loss 342.35 (-11.72%)Technical Indicator: MA200

Summary: Incredible Industries Share Price Prediction For 2025

In summary, Incredible Industries has surged by ₹14.47, achieving a notable +43.19% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Incredible Industries for 2025 predicts an additional rise of 37.27% to 41.27% by the end of 2025 with three potential targets T1: 65.85, T2: 66.51, T3: 67.77. Stop Loss at SL1: 43.61, SL2: 43.06, SL3: 42.35.

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 ₹27.30, 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

Incredible Industries Targets Chart 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 10.04% 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

YearIncredible Industries TargetYoY Change %
2024₹47.97[Current Price]
2024₹44.04-8.2%
2025₹59.5435.19%
2026₹67.9514.12%
2027₹70.844.25%
2028₹68.98-2.62%
2029₹77.7312.68%
2030₹99.0527.41%
2031₹107.758.78%
2032₹107.990.22%
2033₹101.73-5.8%
2034₹111.439.53%
2035₹138.5624.34%
2036₹147.566.49%
2037₹145.13-1.65%
2038₹134.47-7.35%
2039₹168.225.08%

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Incredible Industries Past Performance

INCREDIBLE main
Incredible Industries has been listed on NSE for more than 8 years.
  • In 2016, Incredible Industries opening price was ₹93.8
  • As of Fri 06 Sep 2024 the price stands at ₹47.97.
  • This represents a Compound Annual Growth Rate (CAGR) of -7.18%.
  • In 8 years, an investment of 10,000 would have become ₹5,114.07.

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.

For more insights into Incredible Industries Limited, explore these additional resources:-

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.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter