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Trades about 60% below its sector, cheaper than its peers on earnings.
Incredible Industries Limited, which rebranded from Adhunik Industries Limited in May 2021, is an Indian enterprise primarily engaged in the production and distribution of various iron and steel goods across the nation. Its extensive product portfolio encompasses key rolled steel items like TMT bars, wire rods, and H.B. wire, complemented by a range of related support services. Beyond its core metallurgical operations, the company also diversifies into the generation of electricity from wind power. Furthermore, Incredible Industries Limited extends its market presence globally through the export of its manufactured products. The company was established in 1979 and is headquartered in Kolkata, India.
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