Incredible Industries Limited manufactures and sells iron and steel products in India. It offers steel related rolled products, such as TMT, wire rods, H. B. wire, etc., as well as provides related services. The company is also involved in the generation of electricity through wind power. It also exports its products. The company was formerly known as Adhunik Industries Limited and changed its name to Incredible Industries Limited in May 2021. Incredible Industries Limited was incorporated in 1979 and is based in Kolkata, India.
Research context
Adhunik Industries Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Basic Materials
- Industry
- Steel
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5 years, 6 months ago
Adhunik Industries Limited is currently in a long term uptrend where the price is trading 60.2% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.2.
Adhunik Industries Limited's total revenue rose by 30.7% to $1B since the same quarter in the previous year.
Its net income has increased by 483.6% to $4M since the same quarter in the previous year.
Finally, its free cash flow fell by 237.6% to $-93M since the same quarter in the previous year.
Based on the above factors, Adhunik Industries Limited gets an overall score of 4/5.