Incredible Industries Share Price

Incredible Industries Investment Rating

• Master Rating:

• Incredible Industries has an operating revenue of Rs. 634.49 Cr. on a trailing 12-month basis. An annual revenue growth of 8% is good, Pre-tax margin of 1% needs improvement, ROE of 2% is fair but needs improvement. The company has a reasonable debt to equity of 13%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It is currently FORMING a base in its weekly chart and is trading around 20% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 16 which is a POOR score indicating inconsistency in earnings, a RS Rating of 30 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D+ which indicates heavy supply, Group Rank of 61 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of E is the worst. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.