Ice Make Refrigeration Limited
Share Price Target & Analysis

NSE:ICEMAKE

824.25

VWAP

828.80

Open

821.95

Close

833.80

High

815.00

Low

1088.75

52 Week High

820.70 ⇩
-1.25 (-0.15%)

ICEMAKE

(Miscellaneous)
53.8% Momentum

Turnaround Potential

508.00

52 Week Low

14.72

EPS

63.95

PE

11.36

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 820.70, this results in a dividend yield of 0.15 %.

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 14.72. NSE:ICEMAKE book value per share as of today is 72.24. The current price to book ratio for ICEMAKE as of May 24, 2025 is 11.36.

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 45.09% is very crucial parameter which shows that 45.09% investors are anticipating that the price of ICEMAKE share should go up with VWAP at 824.25.

Now, the main question is whether to BUY or SELL, NSE:ICEMAKE at current valuation.
As per latest Analysis No. #2910:-

⇑ 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 (May 24, 2025)

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

Ice Make Refrigeration Limited share price moved Down by -0.15% from its previous close of Rs 821.95. ICEMAKE stock last traded price is 820.70. ICEMAKE share price trend is Down with a total of 36225 stocks traded till now. It has touched an intraday high of Rs 833.80 and an intraday low of Rs 815.00. The ICEMAKE trading at 820.70, Down by Rs. -1.25, or -0.15 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 -0.15%. ICEMAKE share price short term trend is Down. It suggests that ICEMAKE Share Price for Tomorrow remains the same with VWAP at 824.25 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

 820.70

ICEMAKE Share Price Target Prediction for 2025 ^

 768.4 - 1094.1

ICEMAKE Share Price Target Prediction for 2026*^

 1094.1 - 1165.6

ICEMAKE Share Price Target Prediction for 2027*^

 1165.6 - 1247.2

ICEMAKE Share Price Target Prediction for 2028*^

 1310

ICEMAKE Share Price Target Prediction for 2029*^

 1347

ICEMAKE Share Price Target Prediction for 2030*^

 1468
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: @839.3

ICEMAKE Moving Averages

BUY (6) NEUTRAL (0) SELL (8)
MA Simple Action S1 Expo Action E2
MA_5 817.88 BUY 835.05 BUY
MA_12 917.71 SELL 880.5 SELL
MA_20 926.32 SELL 890.38 SELL
MA_32 902.49 SELL 880.86 SELL
MA_50 851.46 SELL 862.28 SELL
MA_100 793.44 BUY 830.15 BUY
MA_200 783.64 BUY 776.78 BUY

ICEMAKE Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 926.32 Downtrend
MACD -25.23 SELL
ADX 17.64 NO or Weak Trend
DMI (+/-) 24.74 / 27.86 Downtrend

ICEMAKE Momentum Oscillators

BUY (2) NEUTRAL (8) SELL (2)
Momentum Oscillators Value Action
RSI 43.62 Neutral
STOCHASTIC_K (Fast) 41.15 Neutral
STOCHASTIC_D (Slow) 17.22 Oversold
CCI -75.83 Neutral
PSAR 987.55 SELL
TRUE RANGE 70.75 Neutral
ATR 64.24 Neutral
WILLIAMS R -78.51 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 33.33 Neutral
MOMENTUM 23 BUY

ICEMAKE Last 1 Year Trend

Duration Value
1 Year 74.09%
3 Months 21.72%
1 Month 2.82%
1 Week -6.78%

ICEMAKE Technical Analysis Summary

Updated on 2025-05-12
Action Overall (%)
BUY 27%
NEUTRAL / HOLD 30%
SELL 43%

Most popular Questions & Answers about ICEMAKE


Ice Make Refrigeration Limited stock last traded price is 820.70. ICEMAKE share price moved Down by -0.15% from its previous close of Rs 821.95.

Ice Make Refrigeration Limited share price trend is Down with a total of 36225 stocks traded till now. It has touched an intraday high of Rs 1099.6375 and an intraday low of Rs 815.00. The ICEMAKE trading at 820.70, Down by Rs. -1.25, or -0.15 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 824.25.

The market cap of Ice Make Refrigeration Limited is ₹114.6 (in Cr) as of May 23, 2025.

The current price to earning ratio for Ice Make Refrigeration Limited as of May 23, 2025 is 63.95.

The current price to book ratio for Ice Make Refrigeration Limited as of May 23, 2025 is 11.36.

The highest price of Ice Make Refrigeration Limited stock is ₹1088.75 in the last 52-week.

The lowest price of Ice Make Refrigeration Limited stock is ₹508.00 in the last 52-week.

Ice Make Refrigeration Limited share trading at ₹820.70, Down by Rs. -1.25, or -0.15 percent which suggests that most of the traders are anticipating that the price of ICEMAKE share should go Down.

In 2025, Stock price target for Ice Make Refrigeration Limited (ICEMAKE) are ₹768.4 on downside and ₹1094.1 on upside. Ice Make Refrigeration Limited share price target is based on current financial year earings of the company.

In 2026, Stock price target for Ice Make Refrigeration Limited (ICEMAKE) are ₹1094.1 on downside and ₹1165.6 on upside. Ice Make Refrigeration Limited share price target is based on forecasted future earnings of the company.

In 2027, Stock price target for Ice Make Refrigeration Limited (ICEMAKE) are ₹1165.6 on downside and ₹1247.2 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 ₹1347 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 -0.15%. 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 824.25 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 176.5. Compared to the current market price of 820.70 INR, the ICEMAKE stock is Overvalued by 78.5%.

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 14.72. Ice Make Refrigeration Limited book value per share as of today is 72.24. The current price to book ratio for ICEMAKE as of May 24, 2025 is 11.36.


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 61.79 4.5 38.87
TITAN 3579.70 37.57 168.64
STYLAMIND 1834.60 76.95 353.6
NYKAA 203.29 0.6 5.62
IRCTC 783.05 15.51 44.04
NAUKRI 1489.00 11.26 2674.67
INTLCONV 83.53 12.03 54.86
MALLCOM 1153.90 93.98 389.61
JUBLFOOD 664.45 2.94 34.67
ANMOL 18.49 1.23 18.88
Updated at: 23 May 2025 15:57

Feel free to contact us, in case of any queries.

SITEMAP 5199
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 2540.00 52.40 (2.11%) | ADANIGREEN 986.95 1.10 (0.11%) | ADANIPORTS 1395.40 24.00 (1.75%) | ADANITRANS 876.55 -2.45 (-0.28%) | AMBUJACEM 570.90 3.15 (0.55%) | APOLLOHOSP 7064.50 110.00 (1.58%) | ASIANPAINT 2315.50 16.30 (0.71%) | ATGL 658.50 0.45 (0.07%) | AUROPHARMA 1197.10 8.90 (0.75%) | AXISBANK 1210.10 21.60 (1.82%) | BAJAJ-AUTO 8741.00 7.50 (0.09%) | BAJAJFINSV 2036.50 35.50 (1.77%) | BAJFINANCE 9243.50 104.50 (1.14%) | BALKRISIND 2660.20 10.60 (0.4%) | BANDHANBNK 165.46 -0.14 (-0.08%) | BANKBARODA 243.04 1.81 (0.75%) | BEL 383.80 0.40 (0.1%) | BERGEPAINT 554.90 -11.50 (-2.03%) | BHARTIARTL 1831.70 0.30 (0.02%) | BIOCON 330.75 -2.35 (-0.71%) | BOSCHLTD 32130.00 390.00 (1.23%) | BPCL 318.90 5.85 (1.87%) | BRITANNIA 5486.50 49.00 (0.9%) | CADILAHC 908.60 5.15 (0.57%) | CIPLA 1484.20 15.70 (1.07%) | COALINDIA 401.50 2.65 (0.66%) | COLPAL 2479.40 -7.70 (-0.31%) | DABUR 481.95 4.90 (1.03%) | DIVISLAB 6483.00 -55.00 (-0.84%) | DLF 776.50 0.70 (0.09%) | DMART 4140.80 58.10 (1.42%) | DRREDDY 1230.10 7.90 (0.65%) | EICHERMOT 5400.00 13.00 (0.24%) | GAIL 191.28 -1.33 (-0.69%) | GLAND 1528.70 -17.90 (-1.16%) | GODREJCP 1277.40 13.40 (1.06%) | GRASIM 2659.40 -15.20 (-0.57%) | GUJGASLTD 462.05 -0.90 (-0.19%) | HAVELLS 1573.60 7.20 (0.46%) | HCLTECH 1648.20 15.20 (0.93%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 4814.10 29.50 (0.62%) | HDFCBANK 1933.60 13.70 (0.71%) | HDFCLIFE 780.40 24.55 (3.25%) | HEROMOTOCO 4308.80 32.50 (0.76%) | HINDALCO 650.10 0.55 (0.08%) | HINDUNILVR 2359.20 28.50 (1.22%) | HINDZINC 447.05 4.65 (1.05%) | ICICIBANK 1449.80 7.70 (0.53%) | ICICIGI 1895.10 26.50 (1.42%) | ICICIPRULI 642.20 22.45 (3.62%) | INDIGO 5521.00 18.00 (0.33%) | INDUSINDBK 793.40 8.40 (1.07%) | INDUSTOWER 383.60 -0.35 (-0.09%) | INFY 1564.80 17.30 (1.12%) | IOB 37.86 0.19 (0.5%) | IOC 144.06 0.77 (0.54%) | ITC 436.30 10.20 (2.39%) | JSWSTEEL 1008.50 2.90 (0.29%) | KOTAKBANK 2100.80 35.00 (1.69%) | LT 3599.90 48.50 (1.37%) | LTI 5045.80 22.60 (0.45%) | LUPIN 1978.90 10.20 (0.52%) | M&M 3012.70 6.40 (0.21%) | MARICO 700.85 2.60 (0.37%) | MARUTI 12453.00 8.00 (0.06%) | MCDOWELL-N 1578.90 10.50 (0.67%) | MOTHERSUMI 148.23 0.03 (0.02%) | MUTHOOTFIN 2090.00 -6.50 (-0.31%) | NAUKRI 1489.00 28.00 (1.92%) | NESTLEIND 2414.40 52.70 (2.23%) | NMDC 72.49 1.30 (1.83%) | NTPC 344.60 3.20 (0.94%) | ONGC 244.24 2.57 (1.06%) | PEL 1100.75 10.00 (0.92%) | PIDILITIND 3031.70 37.20 (1.24%) | PIIND 3680.80 36.40 (1%) | PNB 100.38 0.01 (0.01%) | POWERGRID 298.10 7.20 (2.48%) | RELIANCE 1426.80 17.40 (1.23%) | SAIL 125.92 0.18 (0.14%) | SBICARD 897.70 12.45 (1.41%) | SBILIFE 1798.70 39.40 (2.24%) | SBIN 790.50 5.25 (0.67%) | SHREECEM 31495.00 85.00 (0.27%) | SIEMENS 3277.30 -27.30 (-0.83%) | SRF 2900.20 -5.00 (-0.17%) | SUNPHARMA 1683.60 -35.10 (-2.04%) | TATACONSUM 1140.80 14.10 (1.25%) | TATAMOTORS 718.25 0.80 (0.11%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 162.97 1.68 (1.04%) | TCS 3514.60 37.60 (1.08%) | TECHM 1580.30 14.70 (0.94%) | TITAN 3579.70 38.70 (1.09%) | TORNTPHARM 3174.70 -37.30 (-1.16%) | ULTRACEMCO 11746.00 66.00 (0.57%) | UPL 630.50 -1.45 (-0.23%) | VEDL 440.05 4.95 (1.14%) | WIPRO 247.36 1.42 (0.58%) |