INCREDIBLE· Materials› Iron & Steel

Incredible Industries Ltd

Stage 4 · Declining · week 14

As of 16 Oct 2026, Incredible Industries is in Stage 4 — declining, a downtrend, in week 14 (since 13 Jul 2026). It closed at ₹31.05, 32.9% below its 52-week high and below its 200-day average, which is falling. In Materials, 34.1% of stocks are in Stage 2.

Incredible Industries Limited manufactures and sells iron and steel products in India. More about the company

₹31.1
+1.67% today
₹145 Cr · Micro cap
Market Neutral — FadingMaterials 34.1% in Stage 2-2.9 pts / 20dIron & Steel 36.7%+1.3 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

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Momentum

Steady

Edge

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Is INCREDIBLE early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-32.9%
₹28.6 lo₹46.3 hi
32.9% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 14
1w13w26w
Week 14 — established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-9.4%
200 DMA: ₹34.3 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
3.79x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -2.2% vs MA50 -1.8%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-5.3%
3M
-6.4%
6M
-12.8%
YTD
-24.0%
1Y
-32.5%
Sector
Materials
↓ Peaking
Stage 2%
34.1%
20d Δ
-2.9pp
1M return
-1.6%
3M return
-2.6%
Sector Stage-2 % · last 20 days
Sector has 153 Stage 2 leaders. See Materials Stage 2 →
Industry
Iron & Steel
↑ Building
Stage 2%
36.7%
20d Δ
+1.3pp
1M return
-0.1%
3M return
+2.9%
Industry Stage-2 % · last 20 days
Industry has 28 Stage 2 leaders. See Iron & Steel Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 37w
S2 18w
S4 20w
S4 14w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 37w → S3 9w → S2 18w → S3 4w → S4 3w → S3 1w → S2 9w → S3 1w → S4 12w → S1 9w → S2 4w → S3 1w → S4 3w → S3 1w → S2 11w → S3 5w → S4 20w → S1 7w → S4 14w current
Total tracked: 168 weeks across 19 stage runs.
Scan Membership
Breakout Watch
Latest: 2025-09-15
4 appearances in last 60 days. First seen: 2024-06-13.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding — staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-16S4
Wk 14 · Vol 3.79x
2026-10-15S4
Wk 14 · Vol 0.63x
2026-10-14S4
Wk 14 · Vol 0.54x
2026-10-13S4
Wk 13 · Vol 0.76x
2026-10-12S4
Wk 13 · Vol 1.58x
2026-10-09S4
Wk 13 · Vol 0.98x
2026-10-08S4
Wk 13 · Vol 4.62x
2026-10-07S4
Wk 13 · Vol 0.43x
2026-10-06S4
Wk 12 · Vol 0.13x
2026-10-05S4
Wk 12 · Vol 5.10x
2026-10-01S4
Wk 12 · Vol 0.90x
2026-09-30S4
Wk 12 · Vol 1.04x
Sector Peers — Stage 2All →
OCCLLTD
wk 17 · -16.3% from hi
9.0
MUKANDLTD
wk 21 · -7.5% from hi
8.9
SUNFLAG
wk 3 · -9.3% from hi
8.8
CUBEXTUB
wk 2 · 0.0% from hi
8.7
NRL
wk 17 · 0.0% from hi
8.6
Moving averages & range
50 DMA
₹32.3
200 DMA
₹34.3
52W High
₹46.3
52W Low
₹28.6
5D Low
₹30.5
Resistance levels (recent highs)
20d High
₹33.3
60d High
₹34.3
120d High
₹37.3
250d High
₹46.3
Next resistance
+7.1%
to 20d High
Ask the Market AI about INCREDIBLEAsk →
P/E (TTM)
13.1
Forward —
Earnings Growth (YoY)
-40.0%
Revenue +16.8%
About this companyMaterials· Iron & Steel

Incredible Industries Limited manufactures and sells iron and steel products in India. The company offers steel related rolled products, such as TMT bars, wire rods, H.B. wires, etc., as well as related services. It also offers billets, linkedge, annaling, torkari, and wire nail products. In addition, the company engages 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.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.