Incredible Industries Ltd. (INCREDIBLE) Share Price Falls 11.42% Today

Incredible Industries Ltd. Share Price fell to Rs 32.73 on 20 August 2026, down Rs 4.22 or 11.42% from the previous close of Rs 36.95, taking the company’s market capitalisation to Rs 172.79 crore. The stock is featuring in today’s market update because this same-day share price decline was large enough to place it among notable top decliners within its category, and the move stands out even though the supplied data does not establish a company-specific catalyst behind the fall.

For investors tracking Incredible Industries Ltd. Share Price Today, the key takeaway is straightforward: the stock opened at Rs 36.95, touched a day high of Rs 36.95, and then slid to a day low of Rs 32.73, which was also the prevailing price at the time of the data snapshot. That intraday structure points to sustained selling pressure after the open rather than a volatile back-and-forth session. In Stock Market Today terms, that kind of pattern often keeps a stock in the Stocks in News list even without fresh confirmed company news.

Incredible Industries Ltd. Stock News is therefore being driven first by price action and market positioning. The available figures also give investors a base for deeper stock analysis: a P/E ratio of 14.69, P/B ratio of 1.07, ROE of 3.12%, ROCE of 6.69%, and EPS of Rs 2.52. At Univest, the more useful question is not just why the stock is trending, but what the numbers say about valuation, profitability and industry standing after this price fall. That broader view matters because Incredible Industries Ltd. Share Price Today is now being assessed against its Iron & Steel peers, its micro-cap status and its latest trading behaviour.

Incredible Industries Ltd. (INCREDIBLE) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 32.73
Previous Close	Rs 36.95
Today's Change	Rs -4.22 (-11.42%)
Day Open	Rs 36.95
Day High	Rs 36.95
Day Low	Rs 32.73
Current Volume (BSE)	247
BSE Traded Volume	247
NSE Traded Volume	2,095
Combined NSE + BSE Volume	2,342
Turnover	Rs 0 crore
Market Capitalisation	Rs 172.79 crore
Market Cap Category	Micro Cap

Incredible Industries Ltd. (INCREDIBLE) traded at Rs 32.73. versus the previous close of Rs 36.95, a fall of 11.42%. The stock opened at Rs 36.95, reached Rs 36.95, touched Rs 32.73. Reported volume was 247.

Incredible Industries Ltd. (INCREDIBLE) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 172.79 crore
P/E Ratio	14.69x
P/B Ratio	1.07x
ROE	3.12%
ROCE	6.69%
EPS	Rs 2.52
Dividend Yield	0%

Incredible Industries Ltd. was valued at a P/E ratio of 14.69x, a P/B ratio of 1.07x. 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 Ltd. Fundamental Analysis suggests that the stock’s valuation is not especially stretched on the supplied numbers, but profitability metrics remain modest. That combination matters after a sharp price fall because investors often reassess whether lower prices are being accompanied by stronger operating quality or still-muted returns.

At the current market capitalisation of Rs 172.79 crore, Incredible Industries Ltd. sits in the micro-cap segment, which describes size rather than business quality. The stock trades at a P/E ratio of 14.69 and a P/B ratio of 1.07. On valuation alone, those figures place the company close to book value and below the industry average multiples discussed later, though valuation by itself does not answer whether the business is generating strong returns.

The profitability picture is more restrained. Return on equity is 3.12%, while return on capital employed is 6.69%. Both numbers indicate that the business is profitable enough to generate positive returns, but they do not point to high capital efficiency based on the supplied data. EPS stands at Rs 2.52, which represents the earnings attributable to each share and gives investors a basis for understanding the current P/E multiple. Dividend yield is 0, meaning the current data does not show a cash yield from dividends relative to the prevailing market price.

Incredible Industries Ltd. Share Price also needs to be read alongside the P/B ratio of 1.07. Because book value-related valuation is often watched in metal and industrial businesses, that multiple suggests the stock is trading only slightly above its accounting net worth base on the supplied numbers. For investors reading Incredible Industries Ltd. Stock Analysis, that can make the debate less about headline valuation and more about whether profitability ratios such as ROE and ROCE can improve relative to peers.

Univest notes that this mix of moderate valuation and subdued return ratios creates a balanced but cautious fundamental backdrop. Incredible Industries Ltd. Share Price News today is therefore notable not because the stock looks obviously expensive on P/E or P/B, but because the market is marking down a company whose return profile still sits on the lower side within its industry context. That naturally leads into how the stock compares with the broader Iron & Steel benchmark and listed peers.

Sector and Industry Context

Metric	Value
Sector	Iron & Steel
Industry	Steel & Iron Products
Benchmark Scope	same industry
Company P/E Ratio	14.69x
Benchmark Median P/E	17.04x
Benchmark Average P/E	29.1x
Benchmark P/E Range	0.29x to 187.48x
Company P/B Ratio	1.07x
Benchmark Median P/B	1.32x
Company ROE	3.12%
Benchmark Median ROE	4.68%
Company ROCE	6.69%
Benchmark Median ROCE	9.21%
Company Market Capitalisation	Rs 172.79 crore
Benchmark Median Market Cap	Rs 149.65 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 14.69x, which is below the benchmark median of 17.04x, a difference of -13.79%. 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 decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

The sector snapshot shows Incredible Industries Ltd. operating in Iron & Steel within the Steel & Iron Products industry, and the benchmark covers 103 companies from the same industry. The company’s valuation is below the benchmark median on both P/E and P/B, while its return ratios also sit below industry central tendencies.

According to the supplied sectorSnapshot, the benchmark scope is the same industry and includes 103 companies. Incredible Industries Ltd. carries a company P/E of 14.69. That compares with a median P/E of 17.04 and an average P/E of 29.1 across 85 companies with available earnings multiples, within a wide range of 0.29 to 187.48. On this measure, Incredible Industries Ltd. Share Price is trading below both the median and average industry earnings multiple.

The valuation comparison is similar on book value. The company P/B is 1.07, versus an industry median of 1.32 and an average of 1.6 across 102 companies, with the benchmark range stretching from -13.96 to 21.22. That places Incredible Industries Ltd. below the central industry P/B markers as well. For investors searching Incredible Industries Ltd. Fundamental Analysis, this supports the view that the stock is not carrying a premium valuation relative to the broader Steel & Iron Products pack.

Profitability, however, is softer than the benchmark. Company ROE is 3.12%, below the industry median of 4.68% and well below the average of 31.41% across 101 companies. Company ROCE is 6.69%, also below the median of 9.21% and average of 10.52% from 101 companies. This shows that the valuation discount is accompanied by lower return metrics.

Size context is also useful. The company’s market capitalisation of Rs 172.79 crore is above the benchmark median market cap of Rs 149.65 crore but far below the average of Rs 435.78 crore. The industry range extends from Rs 3.3 crore to Rs 2,933.96 crore. At Univest, that places Incredible Industries Ltd. Share Price in the smaller end of the listed Iron & Steel spectrum, but not at the bottom of the industry by market size.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
JTL Industries Ltd	JTLIND	2,933.96	24.63	1.86	24.68	22.3
Prakash Industries Ltd.	PRAKASH	2,414.92	7.51	0.64	3.29	4.87
Pennar Industries Ltd.	PENIND	2,067.67	15.07	1.77	0.41	6.85
Mukand Ltd.	MUKANDLTD	1,961.53	3.08	1.23	31.23	11.91
MSP Steel & Power Ltd.	MSPL	1,954.31	51.58	1.86	0.87	6.24

Incredible Industries Ltd. (INCREDIBLE) has a P/E ratio of 14.69x compared with the displayed peer median of 15.07x. 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 172.79 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Peer data shows Incredible Industries Ltd. sits well below the largest named comparables by market capitalisation, while its valuation multiples are lower than several peers and higher than a few deeply discounted names. Its return profile remains mixed, particularly when compared with peers delivering stronger ROE and ROCE.

Among the supplied peers, JTL Industries Ltd has the largest market capitalisation at Rs 2,933.96 crore, with a P/E of 24.63, P/B of 1.86, ROE of 24.68% and ROCE of 22.3%. Compared with that, Incredible Industries Ltd. Share Price is attached to a much smaller company with a lower valuation and significantly weaker profitability.

Prakash Industries Ltd. offers a different contrast. Its market cap is Rs 2,414.92 crore, but its P/E is only 7.51 and P/B is 0.64, both lower than Incredible Industries Ltd.’s 14.69 and 1.07 respectively. Yet its ROE of 3.29% is only marginally above Incredible’s 3.12%, and its ROCE of 4.87% is lower than Incredible’s 6.69%.

Pennar Industries Ltd. trades at a P/E of 15.07, close to Incredible Industries Ltd., while its P/B is higher at 1.77. Pennar’s ROE is just 0.41%, below Incredible’s 3.12%, and ROCE is 6.85%, almost in line with Incredible’s 6.69%. Mukand Ltd., by contrast, trades at a P/E of 3.08 and P/B of 1.23 while reporting ROE of 31.23% and ROCE of 11.91%, a far stronger return profile than Incredible Industries Ltd. Share Price currently reflects.

At the higher-multiple end, MSP Steel & Power trades at 51.58 times earnings, Mahamaya Steel Industries at 187.48, Ratnaveer Precision Engineering at 26.42, Rhetan TMT at 135.83, Hi-Tech Pipes at 20.83 and Frontier Springs at 25.76. Several of these peers also show higher P/B ratios, including 11.64 for Mahamaya, 15.43 for Rhetan and 7.72 for Frontier Springs. On peer comparison, Incredible Industries Ltd. looks cheaper than many richly valued names, but it does not stand out on profitability when compared with the stronger-return companies in the same industry basket.

Why Investors Are Watching Incredible Industries Ltd.

Investors are watching Incredible Industries Ltd. Share Price because the stock has entered the day’s top decliner conversation with an 11.42% fall, and the move is large relative to its size and trading range. In Share Market Today conditions, such stocks tend to attract attention from both short-term traders and longer-term trackers looking at valuation, industry positioning and Stock Performance.

• Price action: The stock fell from an open and day high of Rs 36.95 to a low and current price of Rs 32.73, a one-direction intraday decline of 11.42%.
• Volume: Total traded volume was 2,342 shares, including 247 shares on BSE and 2,095 shares on NSE, with reported turnover at Rs 0 crore.
• Fundamentals: The stock trades at 14.69 times earnings and 1.07 times book value, with ROE of 3.12%, ROCE of 6.69%, EPS of Rs 2.52 and dividend yield of 0.
• Sector positioning: Its P/E and P/B are below the same-industry median, but ROE and ROCE also sit below benchmark median levels.
• Peer context: The company is far smaller than named peers and cheaper than several, though not stronger on return ratios.

What investors may monitor next is whether Incredible Industries Ltd. Share Price stabilises after this sharp decline or remains under pressure in the broader Iron & Steel pack. Univest would focus on the relationship between price behaviour and fundamentals: whether the market continues to price the stock below industry valuation medians because of weaker return ratios, or whether peer-relative metrics start drawing fresh attention despite today’s fall.

About Incredible Industries Ltd.

Incredible Industries Ltd. operates in the Iron & Steel sector and is classified within the Steel & Iron Products industry. Based on the supplied company context, that places the business in a segment where investors typically monitor earnings multiples, book value valuation and return ratios closely because sector structures are often capital intensive and peer comparison matters.

Within this industry basket of 103 companies, Incredible Industries Ltd. is a smaller listed player by market capitalisation at Rs 172.79 crore. That is above the industry median market cap of Rs 149.65 crore but well below the average of Rs 435.78 crore, showing that the company sits in the lower end of the listed spectrum rather than among the largest Steel & Iron Products names.

The broader industry set includes companies such as JTL Industries, Prakash Industries, Pennar Industries, Mukand, MSP Steel & Power, Ratnaveer Precision Engineering and Hi-Tech Pipes, giving investors a clear listed peer universe for comparison. In that sense, Incredible Industries Ltd. Share Price is often best understood not in isolation but against a sector where valuation ranges are wide and return metrics differ sharply from company to company. Univest sees this industry framing as essential because it explains why a stock with a moderate P/E and P/B can still trade cautiously if profitability remains less competitive than several peers.

Track Incredible Industries Ltd. Share Price on Univest

Use Incredible Industries Ltd. (INCREDIBLE) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners lists and related market analysis.

Investors who want to follow Incredible Industries Ltd. Share Price can use Univest to track live Share Price moves, daily Stock News, market capitalisation changes and broader market insights in one place. Univest also helps users monitor key fundamental ratios such as P/E, P/B, ROE, ROCE, EPS and dividend yield, alongside 52-week reference levels whenever available in the platform dataset.

For users comparing Stocks Falling Today or reviewing Market Movers, Univest makes it easier to place Incredible Industries Ltd. Share Price Today within sector trends, peer benchmarks and company-specific valuation context. That matters especially for micro-cap stocks, where percentage price action can look dramatic even when absolute traded turnover is small.

Frequently Asked Questions

Why is Incredible Industries Ltd. Share Price falling today?

Ans. Incredible Industries Ltd. Share Price was down 11.42% at Rs 32.73 versus the previous close of Rs 36.95. The supplied data confirms the price fall and intraday weakness, though it does not establish a company-specific catalyst for the decline.

What is Incredible Industries Ltd. Share Price Today?

Ans. Incredible Industries Ltd. Share Price Today was Rs 32.73 at the time of the supplied snapshot. That reflected a decline of Rs 4.22 or 11.42% from the previous close of Rs 36.95 in the current trading session.

What does today’s price action show for Incredible Industries Ltd.?

Ans. The stock opened at Rs 36.95, which was also the day high, and then fell to Rs 32.73, the day low and current price. That pattern points to sustained intraday selling pressure rather than a recovery-led session.

What is the market capitalisation of Incredible Industries Ltd.?

Ans. Incredible Industries Ltd. had a market capitalisation of Rs 172.79 crore in the supplied data. That places it in the Micro Cap category and slightly above the same-industry median market capitalisation of Rs 149.65 crore.

How is Incredible Industries Ltd. valued on P/E and P/B?

Ans. Incredible Industries Ltd. trades at a P/E ratio of 14.69 and a P/B ratio of 1.07. Both figures are below the same-industry median levels of 17.04 for P/E and 1.32 for P/B in the supplied benchmark.

How profitable is Incredible Industries Ltd. based on the supplied ratios?

Ans. The company’s ROE is 3.12% and ROCE is 6.69% in the supplied dataset. These figures are positive, but both are below the industry median values of 4.68% for ROE and 9.21% for ROCE.

What is the EPS and dividend yield of Incredible Industries Ltd.?

Ans. Incredible Industries Ltd. reported EPS of Rs 2.52 in the supplied figures, while dividend yield stands at 0. EPS helps explain the earnings base behind the stock’s 14.69 P/E multiple at the current market price.

How much volume was traded in Incredible Industries Ltd. today?

Ans. Total traded volume in Incredible Industries Ltd. was 2,342 shares in the supplied market data. That included 247 shares on BSE and 2,095 shares on NSE, while reported turnover for the tracked exchange stood at Rs 0 crore.

How does Incredible Industries Ltd. compare with peers?

Ans. Incredible Industries Ltd. is much smaller than named peers such as JTL Industries, Prakash Industries and Pennar Industries. Its P/E of 14.69 is below many peers, but its ROE of 3.12% remains weaker than several stronger-return comparables.

Which sector does Incredible Industries Ltd. belong to?

Ans. Incredible Industries Ltd. belongs to the Iron & Steel sector and the Steel & Iron Products industry. The supplied benchmark compares it with 103 companies from the same industry, making peer and sector analysis especially relevant.