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Company details

22.25
23.10
19.55
43.70
6M Return -7.22%
1Y Return -27.18%
Mkt Cap.(Cr) 105.22
Volume 784
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 784

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SWOT

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EMA SMA

Delivery and volume

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 118.12 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 22,733.13 -38,406.68
LAST 3M 72,017.19 -50,293.88
LAST 6M 138,790.76 -188,500.14
LAST 12M 206,712.84 -177,545.72

Information

  • About Company
  • Company Info
  • Listing Info
44.12
74.96%
25.5021
6.59%
3.12%
Description
  • Adhunik Industries Limited, public limited company was incorporated in August 23, 1979. The Company is engaged in production of iron and steel related rolled products such as TMT bars, wire rods, H. B. Wire etc mainly used in construction industry. Besides, it has a manufacturing plant in Durgapur, West Bengal. SEBI vide its letter-bearing no. SEBI/HO/ISD/OW/P/2017/18183 dated August 7, 2017 duly addressed to the three Stock Exchanges forwarded a list of 331 suspected shell companies as identified by Ministry of Corporate Affairs and directed the Stock Exchanges to identify the companies listed on their trading platform and place trading in all such listed securities in Stage VI of the Graded Surveillance Measure (GSM) with immediate effect. The Company was also aggrieved by the communication of Securities and Exchange Board of India (SEBI) addressed to the three stock exchanges on August 7, 2017 and the consequential order passed by National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on August 7, 2017 itself by placing securities of the Company in GSM Stage VI with effect from August 8, 2017. The Company had made a representation to SEBI on August 9, 2017 against the impugned communication of SEBI dated August 7, 2017 and also provided the required information asked by National Stock Exchange of India Limited (NSE) vide its communication dated August 9, 2017 and BSE Limited vide its communication dated August 10, 2017. Since no action was taken on the said representation dated August 9, 2017 and after providing required information to NSE and BSE, the Company had filed an appeal to Securities Appellate Tribunal (SAT). The SAT after hearing both the parties directed SEBI and the Stock Exchanges vide its order dated September 21,2017 to reverse their decisions dated August 7, 2017 which were all passed without hearing the appellant. The Company had sought approval of shareholders by way of postal ballot on January 12, 2018 for enhancement of limit of related party transactions. However, due to frequent market fluctuations and volatility in the iron and steel market, the Company need to procure larger quantity of raw materials than the expected quantity from the related party M/s. Adhunik Alloys & Power Limited in order to keep the purchase of raw materials of the Company cost effective. Thus, the company exceeded the earlier limit approved of Rs.40,00,00,000/-. Further, pursuant to Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) 2015, the Company is seeking approval of shareholders for ratification of the same by way of postal ballot. The notice of postal ballot is approved by the Board of Directors in its meeting held on 16th May 2018. SEBI had passed an interim order on 21st September 2018 against the Company on the basis of certain `prima facie` observations in the matter of suspected shell companies and had advised the Company to submit their reply to the points contained in the Interim Order and also give an opportunity of personal hearing, if the Company wish to avail. The Company had filed its reply to the observations made in the Interim Order within the prescribed time. The Company had also requested SEBI to grant an opportunity of personal hearing in the matter and pursuant to that SEBI had granted the opportunity of personal hearing to the Company. During the course of said hearing, SEBI had sought certain additional documents from the Company, which it had submitted within the prescribed time limit. The Company had not received any further communication from SEBI against additional submission made by it post hearing in the subject matter.

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AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 538365
NSE Code : INCREDIBLE
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE452L01012

ICICIdirect Incredible Industries Ltd FAQ

You can buy Incredible Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Incredible Industries Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2022 04:01 PM the closing price of Incredible Industries Ltd was ₹ 22.50.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of May 24, 2022 04:01 PM, the market cap of Incredible Industries Ltd stood at ₹ 105.22.
The latest PE ratio of Incredible Industries Ltd as of May 24, 2022 04:01 PM is 44.12
The latest PB ratio of Incredible Industries Ltd as of May 24, 2022 04:01 PM is 1.13
The 52-week high of Incredible Industries Ltd is ₹ 43.70 while the 52-week low is ₹ 19.55 .

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