Incredible Industries Ltd. (INCREDIBLE) Share Price Rises 17.56% Today
- August 19, 2026
- Posted by: Harsh Piplani
- Category: News
Incredible Industries Ltd. traded at Rs 36.95, up 17.56% today, taking market capitalisation to Rs 146.98 crore and placing the stock among notable micro-cap gainers.
Incredible Industries Share Price moved to Rs 36.95 on 19 August 2026, a gain of 17.56% from the previous close of Rs 31.43, lifting the company’s market capitalisation to Rs 146.98 crore. That puts the stock firmly in focus in today’s Stock Market Today coverage, especially because the move was large enough for the company to be identified under a price rise screen in the Micro Cap category.
The session data shows a clear re-rating within the day. The stock opened at Rs 32, moved between a low of Rs 31.5 and a high of Rs 36.95, and finished at the day’s high in the supplied snapshot. That kind of close matters because it indicates buyers were still willing to transact near the strongest recorded level of the session rather than allowing a deep pullback before the event was captured.
Volume data adds more context. BSE volume stood at 204 shares, NSE volume at 2,402 shares and total traded volume at 2,606 shares, while turnover was reported at Rs 0 crore in the supplied dataset. The data confirms the price event, but it does not establish a company-specific catalyst for why the stock is rising today. For readers tracking Incredible Industries Share Price Today, the immediate focus is therefore on verified price action, valuation, profitability and industry positioning rather than on an unconfirmed narrative. In this Univest analysis, the stock’s move is notable because the numbers show both a sharp day gain and a valuation profile that sits below several industry benchmarks.
Incredible Industries Ltd. (INCREDIBLE) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 36.95 |
| Previous Close | Rs 31.43 |
| Today's Change | +Rs 5.52 (+17.56%) |
| Day Open | Rs 32 |
| Day High | Rs 36.95 |
| Day Low | Rs 31.5 |
| Current Volume (BSE) | 204 |
| BSE Traded Volume | 204 |
| NSE Traded Volume | 2,402 |
| Combined NSE + BSE Volume | 2,606 |
| Turnover | Rs 0 crore |
| Market Capitalisation | Rs 146.98 crore |
| Market Cap Category | Micro Cap |
Incredible Industries Ltd. (INCREDIBLE) traded at Rs 36.95. versus the previous close of Rs 31.43, a rise of 17.56%. The stock opened at Rs 32, reached Rs 36.95, touched Rs 31.5. Reported volume was 204.
Incredible Industries Ltd. (INCREDIBLE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 146.98 crore |
| P/E Ratio | 12.5x |
| P/B Ratio | 0.91x |
| ROE | 3.12% |
| ROCE | 6.69% |
| EPS | Rs 2.52 |
| Dividend Yield | 0% |
Incredible Industries Ltd. was valued at a P/E ratio of 12.5x, a P/B ratio of 0.91x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.
Profitability and capital efficiency were represented by ROE of 3.12% and ROCE of 6.69%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.
Per-share and shareholder-return metrics included EPS of Rs 2.52, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.
Incredible Industries Share Price is drawing attention not only because of today’s move, but also because the stock’s valuation ratios are relatively moderate against the broader Iron & Steel benchmark. The company’s price-to-earnings ratio stands at 12.5, while its price-to-book ratio is 0.91. In simple terms, the market is valuing the company at 12.5 times earnings and below one time book value, which is a notable combination for investors screening micro-cap stocks on fundamental metrics.
Profitability, however, is more restrained than the valuation alone might suggest. Return on equity is 3.12%, and return on capital employed is 6.69%. Those numbers indicate the business is generating positive returns, but they are not especially high within listed equities. That means today’s share price rise should be read alongside modest return ratios rather than as a sign that the company already sits among the sector’s strongest profitability names.
EPS is Rs 2.52, which provides the earnings base underlying the current P/E multiple of 12.5. Dividend yield is 0, so the present data points to no dividend support in the stock’s historical or current yield profile. For Incredible Industries Fundamental Analysis, this combination matters: the stock is not being framed by the supplied numbers as a yield play, but instead as a company where price movement and valuation are the more immediate talking points.
Market capitalisation at Rs 146.98 crore also places Incredible Industries in the micro-cap bracket, which can affect how investors assess liquidity, risk and valuation dispersion. A low P/B ratio of 0.91 may catch attention, yet the ROE of 3.12% and ROCE of 6.69% show that balance-sheet valuation alone does not automatically equate to high operating quality. In Univest’s reading of the supplied figures, the fundamentals add context by showing a stock that is inexpensive relative to some industry valuation markers, but not one that currently stands out for high profitability. That makes ownership and sector context especially relevant in understanding how the market may be framing the move.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 12.5x |
| Benchmark Median P/E | 17.4x |
| Benchmark Average P/E | 29.4x |
| Benchmark P/E Range | 0.29x to 188.28x |
| Company P/B Ratio | 0.91x |
| Benchmark Median P/B | 1.31x |
| Company ROE | 3.12% |
| Benchmark Median ROE | 4.68% |
| Company ROCE | 6.69% |
| Benchmark Median ROCE | 9.21% |
| Company Market Capitalisation | Rs 146.98 crore |
| Benchmark Median Market Cap | Rs 146.98 crore |
Incredible Industries Ltd. (INCREDIBLE) is classified under sector: Iron & Steel and industry: Steel & Iron Products.
Incredible Industries Ltd. (INCREDIBLE) has a P/E ratio of 12.5x, which is below the benchmark median of 17.4x, a difference of -28.16%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Incredible Industries Ltd. (INCREDIBLE) has a ROE of 3.12%, which is below the benchmark median of 4.68%, a difference of -33.33%. Incredible Industries Ltd. (INCREDIBLE) has a ROCE of 6.69%, which is below the benchmark median of 9.21%, a difference of -27.36%.
Track today’s top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.
Incredible Industries Share Price sits within the Iron & Steel sector and the Steel & Iron Products industry. Against the same-industry benchmark covering 103 companies, the company’s valuation appears lower than the median and average on both P/E and P/B, while profitability metrics such as ROE and ROCE are also below benchmark medians.
The sector snapshot provides a useful framework for evaluating whether Incredible Industries is merely rising with the market or whether its valuation stands out on a relative basis. The benchmark scope is the same industry, covering 103 companies. Within that set, the company’s P/E of 12.5 compares with a median P/E of 17.4 and an average of 29.4 across 85 companies with available P/E data. The benchmark range runs from 0.29 to 188.28, so Incredible Industries is well inside the observed spread but clearly below both central tendency markers.
The same pattern is visible on book value multiples. Incredible Industries trades at a P/B of 0.91, versus an industry median of 1.31 and an average of 1.61 across 102 companies, with a benchmark range from -13.96 to 21.27. That places the company below the industry median on this measure as well. For readers following Incredible Industries Share Price News, that suggests the stock’s valuation is not stretched relative to the supplied Steel & Iron Products universe.
Profitability is a different story. ROE at 3.12% is below the industry median of 4.68% and far below the average of 31.41 across 101 companies. ROCE at 6.69% is also below the median of 9.21% and the average of 10.52. Market capitalisation of Rs 146.98 crore exactly matches the median market cap in the 103-company benchmark set, while the average industry market cap is much higher at Rs 434.45 crore due to larger companies at the top end, with the range stretching from Rs 3.45 crore to Rs 2,964.62 crore. Univest therefore sees a mixed sector picture: Incredible Industries is not expensive on the supplied valuation data, but it also does not currently outrank the industry on profitability ratios.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JTL Industries Ltd | JTLIND | 2,964.62 | 28.94 | 2.21 | 24.68 | 22.3 |
| Prakash Industries Ltd. | PRAKASH | 2,404.17 | 7.72 | 0.66 | 3.29 | 4.87 |
| Pennar Industries Ltd. | PENIND | 2,051.41 | 20.58 | 2.05 | 0.41 | 6.85 |
| MSP Steel & Power Ltd. | MSPL | 1,964.52 | 51.46 | 1.86 | 0.87 | 6.24 |
| Mukand Ltd. | MUKANDLTD | 1,952.14 | 3.1 | 1.24 | 31.23 | 11.91 |
Incredible Industries Ltd. (INCREDIBLE) has a P/E ratio of 12.5x compared with the displayed peer median of 20.58x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 3.12% compares with a peer median of 3.29% across the companies shown in the table. ROCE stood at 6.69% versus the displayed peer median of 6.85%, providing a capital-efficiency comparison. Incredible Industries Ltd. (INCREDIBLE) has a market capitalisation of Rs 146.98 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Incredible Industries Share Price can also be framed against listed peers in Steel & Iron Products. The peer set shows a wide spread of valuations and returns, which is important because micro-cap and small-cap industrial names often trade on very different earnings and book-value assumptions even within the same sector.
At a P/E of 12.5, Incredible Industries sits below JTL Industries at 28.94, Pennar Industries at 20.58, MSP Steel & Power at 51.46, Ratnaveer Precision Engineering at 26.62, Rhetan TMT at 134.57 and Frontier Springs at 26. Only Prakash Industries at 7.72 and Mukand at 3.1 trade at lower P/E multiples among the named peers. That places Incredible Industries somewhere in the lower half of the valuation range without making it the cheapest stock in the comparison set.
Its P/B of 0.91 is also below JTL Industries at 2.21, Pennar Industries at 2.05, MSP Steel & Power at 1.86, Mukand at 1.24, Ratnaveer at 2.43, Rhetan TMT at 15.29 and Frontier Springs at 7.79. Only Prakash Industries, at 0.66, has a lower P/B among the listed names discussed here. That makes Incredible Industries relatively modest on book-value valuation as well.
On profitability, the picture is less competitive. Incredible Industries reports ROE of 3.12% and ROCE of 6.69%. JTL Industries is far stronger at 24.68% ROE and 22.3% ROCE, while Mukand stands out with 31.23% ROE and 11.91% ROCE. Hi-Tech Pipes posts 12.18% ROE and 12.56% ROCE, and Frontier Springs shows 14.07% ROE and 18.29% ROCE. Incredible Industries compares more closely with Prakash Industries on ROE at 3.29% and even exceeds MSP Steel & Power’s ROE of 0.87%, but it remains well below the stronger-return names in the group.
Scale is another differentiator. Incredible Industries has a market cap of Rs 146.98 crore, while the peers listed range from Rs 1,523.08 crore for Frontier Springs to Rs 2,964.62 crore for JTL Industries. In other words, today’s Incredible Industries Stock News is centred on a company that is substantially smaller than the peer names supplied, which can partly explain sharper day-to-day price action and a different valuation profile.
Why Investors Are Watching Incredible Industries
Incredible Industries Share Price is being watched because today’s gain was large, the stock closed at the session high in the supplied snapshot, and the valuation profile appears lower than the industry median on both P/E and P/B. At the same time, profitability metrics remain below sector medians, which keeps the discussion balanced rather than one-sided.
- Verified price action: the stock rose Rs 5.52, or 17.56%, from Rs 31.43 to Rs 36.95.
- Intraday strength: the price moved from an open of Rs 32 and a low of Rs 31.5 to a day high of Rs 36.95.
- Exchange participation: BSE volume was 204 shares, NSE volume was 2,402 and total volume reached 2,606 shares.
- Valuation context: P/E of 12.5 and P/B of 0.91 are below the industry median of 17.4 and 1.31 respectively.
- Profitability context: ROE of 3.12% and ROCE of 6.69% are below the industry medians of 4.68% and 9.21%.
- Size profile: the company’s market capitalisation is Rs 146.98 crore, placing it in the Micro Cap category.
What investors may monitor next is whether Incredible Industries Share Price sustains interest after this strong day move and how the stock is judged against the same industry benchmark. Univest would frame the key watch points around valuation relative to peers, profitability relative to sector medians, and whether future price action continues to hold above the breakout day’s range rather than giving back the entire move quickly.
About Incredible Industries
Incredible Industries Ltd. is classified in the Iron & Steel sector and the Steel & Iron Products industry. Even with limited company-description fields in the supplied dataset, that classification is useful because it places the business within a segment where investors often compare stocks using valuation ratios such as P/E and P/B alongside profitability measures like ROE and ROCE.
For Incredible Industries Share Price analysis, the company’s industry identity matters because the benchmark used here covers 103 listed companies in the same industry. That makes the comparison set reasonably broad and helps readers judge whether the stock is expensive or inexpensive relative to similar businesses. In this case, Incredible Industries trades on a P/E of 12.5 and a P/B of 0.91, both below industry medians, while its profitability remains below benchmark medians.
The company’s market capitalisation of Rs 146.98 crore also places it at the exact median market cap of the benchmark sample, although the industry average is much higher at Rs 434.45 crore because several larger names pull the average upward. In practical terms, Incredible Industries sits in a part of the Steel & Iron Products space where valuation discipline, return ratios and trading liquidity can all influence how investors read a sudden share price gain. That is why Univest views today’s move through the dual lens of market action and relative fundamentals rather than through any unsupported catalyst narrative.
Track Incredible Industries Share Price on Univest
Use Incredible Industries Ltd. (INCREDIBLE) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.
Readers following Incredible Industries Share Price can use Univest to keep track of live share price moves, market cap changes, valuation ratios such as P/E and P/B, profitability indicators including ROE and ROCE, and broader stock analysis across NSE and BSE. Univest also helps users monitor 52-week levels, shareholding pattern updates when available, peer comparison and sector-level context, all in one place.
For Incredible Industries Share Price Today, the practical value of such tracking is that a sharp one-day move can be assessed against fundamentals and industry data instead of being viewed in isolation. Univest’s format is especially useful for comparing market movers with sector medians, peer valuations and company-specific ratios without turning short-term price action into an investment recommendation.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the latest Incredible Industries Share Price Today?
Ans. Incredible Industries Share Price Today was Rs 36.95 in the supplied market snapshot. The stock was up 17.56% from the previous close of Rs 31.43, making it one of the more notable price rises captured during the session.
Why is Incredible Industries rising today?
Ans. The supplied data confirms that Incredible Industries rose 17.56% in a single session, from Rs 31.43 to Rs 36.95. It establishes the price event clearly, but it does not identify any verified company-specific catalyst behind the move.
How much did Incredible Industries gain in rupee terms today?
Ans. Incredible Industries gained Rs 5.52 today. That increase took the stock from a previous close of Rs 31.43 to Rs 36.95, which also represents the day high recorded in the supplied intraday data snapshot.
What were the open, high and low levels for Incredible Industries today?
Ans. The stock opened at Rs 32, touched a day low of Rs 31.5 and climbed to a day high of Rs 36.95. The latest supplied price also stood at Rs 36.95, matching the session’s highest traded level.
What is the market capitalisation of Incredible Industries?
Ans. Incredible Industries has a market capitalisation of Rs 146.98 crore in the supplied dataset. The stock is classified in the Micro Cap category, which helps explain why a 17.56% day move placed it on a price-rise event screen.
How is Incredible Industries valued on P/E and P/B?
Ans. Incredible Industries trades at a P/E ratio of 12.5 and a P/B ratio of 0.91. Both are below the same-industry median values of 17.4 for P/E and 1.31 for P/B in the supplied benchmark set.
What do the ROE and ROCE figures show for Incredible Industries?
Ans. The company reports ROE of 3.12% and ROCE of 6.69%. These figures indicate positive profitability, but they remain below the industry median levels of 4.68% for ROE and 9.21% for ROCE in the benchmark.
What is the EPS and dividend yield of Incredible Industries?
Ans. Incredible Industries has earnings per share of Rs 2.52 and a dividend yield of 0 in the supplied data. That means current discussion around the stock is driven more by price action and valuation than by yield.
How active was trading in Incredible Industries across NSE and BSE?
Ans. Trading activity showed 204 shares on BSE and 2,402 shares on NSE, taking total volume to 2,606 shares. The currentVolume field was 204 and turnover was reported at Rs 0 crore in the supplied dataset.
How does Incredible Industries compare with sector peers?
Ans. Incredible Industries is much smaller than the supplied peers, with a market cap of Rs 146.98 crore versus Rs 1,523.08 crore to Rs 2,964.62 crore for named comparables. Its valuation is moderate, but profitability trails stronger peer names.