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Ice Make Refrigeration Limited
Share Price Target & Analysis

NSE:ICEMAKE

876.65

VWAP

897

Open

900.3

Close

897

High

861.55

Low

983.5

52 Week High

868.10 ⇩
-32.20 (-3.58%)

ICEMAKE

(Miscellaneous)
77.7% Momentum

Trending & Favourite

465.05

52 Week Low

16.44

EPS

54.89

PE

12.02

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: ICEMAKE Share Price Financial Analysis & Valuation

Ice Make Refrigeration Limited (ICEMAKE) is broadly categorized in Miscellaneous segment industry which deals in Miscellaneous vertical. It is one of Micro Cap company with Market Capitalization of Rs 114.6 (in Cr). Total number of free float shares are 0 (in Lacs). Ice Make Refrigeration Limited is listed on NSE with Exchange ID - INE520Y01019 and trading code is NSE:ICEMAKE with short name ICE Make Refrig.

In the past 1 year, Ice Make Refrigeration Limited has declared an equity dividend of Rs 1.2 per share. At the current share price of ICEMAKE at Rs 868.10, this results in a dividend yield of 0.14 %.

As per the Fundamental Analysis of NSE:ICEMAKE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine ICEMAKE underlying value and future prospects. All of this data is available in ICEMAKE financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:ICEMAKE, it is clearly understood that ICEMAKE is Economical performer in terms of earnings and profit margins with an EPS of 16.44. NSE:ICEMAKE book value per share as of today is 72.24. The current price to book ratio for ICEMAKE as of Apr 02, 2025 is 12.02.

Valuation of the Stock: The current valuation of ICEMAKE stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ICEMAKE whether to BUY this stock at current valuation. The delivery percentage of ICEMAKE is 40.41% is very crucial parameter which shows that 40.41% investors are anticipating that the price of ICEMAKE share should go up with VWAP at 876.65.

Now, the main question is whether to BUY or SELL, NSE:ICEMAKE at current valuation.
As per latest Analysis No. #2808:-

⇑ STRONG BUY ICEMAKE if All Greens

⇗ BUY ICEMAKE (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD ICEMAKE (With Stop Loss) if only 1 Green

⇘ SELL ICEMAKE if NO Green Indicator

NSE: ICEMAKE Share Price Today (Apr 02, 2025)

(Ice Make Refrigeration Limited Daily Analysis on the basis of ICEMAKE Intraday Graph & Trend)

Ice Make Refrigeration Limited share price moved Down by -3.58% from its previous close of Rs 900.3. ICEMAKE stock last traded price is 868.10. ICEMAKE share price trend is Down with a total of 30579 stocks traded till now. It has touched an intraday high of Rs 897 and an intraday low of Rs 861.55. The ICEMAKE trading at 868.10, Down by Rs. -32.20, or -3.58 percent which suggests that most of the Traders are anticipating that the price of ICEMAKE share should go Down.

NSE: ICEMAKE Share Price Tomorrow Prediction

(Ice Make Refrigeration Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ICEMAKE)

Ice Make Refrigeration Limited share price moved Down by -3.58%. ICEMAKE share price short term trend is Down. It suggests that ICEMAKE Share Price for Tomorrow remains the same with VWAP at 876.65 will be treated as stop loss for intraday traders. Ice Make Refrigeration Limited Long term investors can follow the ICEMAKE long term trend as mentiond in future forecast table.

NSE Code

NSE: ICEMAKE

ICEMAKE Share Price Today

 868.10

ICEMAKE Share Price Target Prediction for 2025 ^

 697.1 - 988.4

ICEMAKE Share Price Target Prediction for 2026*^

 988.4 - 1052.9

ICEMAKE Share Price Target Prediction for 2027*^

 1052.9 - 1126.6

ICEMAKE Share Price Target Prediction for 2028*^

 1183

ICEMAKE Share Price Target Prediction for 2029*^

 1217

ICEMAKE Share Price Target Prediction for 2030*^

 1326
ICEMAKE Current Book Value 2024
71.9

*Ice Make Refrigeration Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^ICEMAKE share price target prediction for 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

ICEMAKE Technical Analysis

Candlestick Pattern: @679

ICEMAKE Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 684.76 SELL 684.55 SELL
MA_12 704.17 SELL 696.28 SELL
MA_20 704.13 SELL 702.44 SELL
MA_32 708.17 SELL 714.45 SELL
MA_50 728.18 SELL 726.39 SELL
MA_100 770.75 SELL 740.62 SELL
MA_200 754.09 SELL 719.52 SELL

ICEMAKE Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 704.13 Downtrend
MACD -2.19 SELL
ADX 25.74 Strong Trend
DMI (+/-) 11.55 / 32.92 Downtrend

ICEMAKE Momentum Oscillators

BUY (0) NEUTRAL (6) SELL (6)
Momentum Oscillators Value Action
RSI 39.86 Neutral
STOCHASTIC_K (Fast) 42.04 Neutral
STOCHASTIC_D (Slow) 61.26 Neutral
CCI -104.19 SELL
PSAR 740.43 SELL
TRUE RANGE 22.9 SELL
ATR 38.4 SELL
WILLIAMS R -43.2 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 21.49 Neutral
STOCHASTIC RSI D 7.16 Oversold
MOMENTUM -20.05 SELL

ICEMAKE Last 1 Year Trend

Duration Value
1 Year 35.35%
3 Months -11.85%
1 Month -2.87%
1 Week -3.04%

ICEMAKE Technical Analysis Summary

Updated on 2025-02-24
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 20%
SELL 77%

Most popular Questions & Answers about ICEMAKE


Ice Make Refrigeration Limited stock last traded price is 868.10. ICEMAKE share price moved Down by -3.58% from its previous close of Rs 900.3.

Ice Make Refrigeration Limited share price trend is Down with a total of 30579 stocks traded till now. It has touched an intraday high of Rs 993.335 and an intraday low of Rs 861.55. The ICEMAKE trading at 868.10, Down by Rs. -32.20, or -3.58 percent which suggests that most of the Traders are anticipating that the price of ICEMAKE share should go Down and the Stop Loss will be around 876.65.

The market cap of Ice Make Refrigeration Limited is ₹114.6 (in Cr) as of Apr 01, 2025.

The current price to earning ratio for Ice Make Refrigeration Limited as of Apr 01, 2025 is 54.89.

The current price to book ratio for Ice Make Refrigeration Limited as of Apr 01, 2025 is 12.02.

The highest price of Ice Make Refrigeration Limited stock is ₹983.5 in the last 52-week.

The lowest price of Ice Make Refrigeration Limited stock is ₹465.05 in the last 52-week.

Ice Make Refrigeration Limited share trading at ₹868.10, Down by Rs. -32.20, or -3.58 percent which suggests that most of the traders are anticipating that the price of ICEMAKE share should go Down.

In 2023, Stock price target for Ice Make Refrigeration Limited (ICEMAKE) are ₹697.1 on downside and ₹988.4 on upside. Ice Make Refrigeration Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Ice Make Refrigeration Limited (ICEMAKE) are ₹988.4 on downside and ₹1052.9 on upside. Ice Make Refrigeration Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Ice Make Refrigeration Limited (ICEMAKE) are ₹1052.9 on downside and ₹1126.6 on upside. Ice Make Refrigeration Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Ice Make Refrigeration Limited (ICEMAKE) will be around ₹1217 Ice Make Refrigeration Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ICEMAKE.

The price of Ice Make Refrigeration Limited (ICEMAKE) shares moved by -3.58%. The short-term trend for ICEMAKE share price is Down. It implies that the share price of ICEMAKE will stay the same tomorrow and that intraday traders should treat VWAP at 876.65 as a stop loss. Investors with a long-term outlook can track ICEMAKE long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of ICEMAKE stock is 197.1. Compared to the current market price of 868.10 INR, the ICEMAKE stock is Overvalued by 77.3%.

As per the fundamental analysis of Ice Make Refrigeration Limited (ICEMAKE), it is of Economical quality in terms of earnings and profit margins with an EPS of 16.44. Ice Make Refrigeration Limited book value per share as of today is 72.24. The current price to book ratio for ICEMAKE as of Apr 02, 2025 is 12.02.


NSE:ICEMAKE News & Other Useful Information about ICEMAKE Share Price


Peer Comparison of NSE: ICEMAKE

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Miscellaneous

Company Price EPS BV
GATEWAY 62.82 4.5 38.87
TITAN 2988.45 36.62 168.64
STYLAMIND 1722.35 76.95 353.6
NYKAA 179.83 0.6 5.62
IRCTC 724.25 15.51 44.04
NAUKRI 6787.60 56.28 2674.67
INTLCONV 69.96 13.52 54.86
MALLCOM 1220.90 64.05 389.61
JUBLFOOD 660.85 2.58 34.67
ANMOL 15.29 1.63 17.68
Updated at: 01 Apr 2025 15:52

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