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Ice Make Refrigeration Limited
Share Price Target & Analysis

NSE:ICEMAKE

764.01

VWAP

784.9

Open

775

Close

784.9

High

756.7

Low

983.5

52 Week High

761.00 ⇩
-14.00 (-1.81%)

ICEMAKE

(Miscellaneous)
59.5% Momentum

Turnaround Potential

434.05

52 Week Low

15.97

EPS

55.4

PE

11.07

PB

Economical
Quality

Gold
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 761.00, this results in a dividend yield of 0.16 %.

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 15.97. NSE:ICEMAKE book value per share as of today is 68.72. The current price to book ratio for ICEMAKE as of Nov 23, 2024 is 11.07.

Valuation of the Stock: The current valuation of ICEMAKE stock is like Gold which means currently the stock is Overpriced. 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 50.59% is very crucial parameter which shows that 50.59% investors are anticipating that the price of ICEMAKE share should go up with VWAP at 764.01.

Now, the main question is whether to BUY or SELL, NSE:ICEMAKE at current valuation.
As per latest Analysis No. #2673:-

⇑ 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 (Nov 23, 2024)

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

Ice Make Refrigeration Limited share price moved Down by -1.81% from its previous close of Rs 775. ICEMAKE stock last traded price is 761.00. ICEMAKE share price trend is Down with a total of 60019 stocks traded till now. It has touched an intraday high of Rs 784.9 and an intraday low of Rs 756.7. The ICEMAKE trading at 761.00, Down by Rs. -14.00, or -1.81 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 -1.81%. ICEMAKE share price short term trend is Down. It suggests that ICEMAKE Share Price for Tomorrow remains the same with VWAP at 764.01 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

 761.00

ICEMAKE Share Price Target Prediction for 2024 ^

 682.3 - 988.4

ICEMAKE Share Price Target Prediction for 2025*^

 988.4 - 1052.9

ICEMAKE Share Price Target Prediction for 2026*^

 1052.9 - 1126.6

ICEMAKE Share Price Target Prediction for 2027*^

 1183

ICEMAKE Share Price Target Prediction for 2028*^

 1217

ICEMAKE Share Price Target Prediction for 2030*^

 1326
ICEMAKE Current Book Value 2023
68.4

*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 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

ICEMAKE Technical Analysis

Candlestick Pattern: @819.4

ICEMAKE Moving Averages

BUY (7) NEUTRAL (0) SELL (7)
MA Simple Action S1 Expo Action E2
MA_5 871.12 SELL 857.64 SELL
MA_12 864.12 SELL 857.01 SELL
MA_20 842.59 SELL 844.31 SELL
MA_32 813.18 BUY 820.45 SELL
MA_50 772.38 BUY 801.65 BUY
MA_100 769.91 BUY 769.95 BUY
MA_200 669.67 BUY 697.76 BUY

ICEMAKE Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 842.59 Downtrend
MACD -5.1 SELL
ADX 27.5 Strong Trend
DMI (+/-) 21.85 / 22 Downtrend

ICEMAKE Momentum Oscillators

BUY (1) NEUTRAL (6) SELL (5)
Momentum Oscillators Value Action
RSI 48.05 Neutral
STOCHASTIC_K (Fast) 15.05 Oversold
STOCHASTIC_D (Slow) 20.54 Neutral
CCI -93.92 Neutral
PSAR 983.5 SELL
TRUE RANGE 81.6 Neutral
ATR 55.39 BUY
WILLIAMS R -79.24 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 2.71 Oversold
MOMENTUM -49.25 SELL

ICEMAKE Last 1 Year Trend

Duration Value
1 Year 34.74%
3 Months 18.48%
1 Month -5.67%
1 Week -12.32%

ICEMAKE Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 30%
NEUTRAL / HOLD 20%
SELL 50%

Most popular Questions & Answers about ICEMAKE


Ice Make Refrigeration Limited stock last traded price is 761.00. ICEMAKE share price moved Down by -1.81% from its previous close of Rs 775.

Ice Make Refrigeration Limited share price trend is Down with a total of 60019 stocks traded till now. It has touched an intraday high of Rs 993.335 and an intraday low of Rs 756.7. The ICEMAKE trading at 761.00, Down by Rs. -14.00, or -1.81 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 764.01.

The market cap of Ice Make Refrigeration Limited is ₹114.6 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Ice Make Refrigeration Limited as of Nov 22, 2024 is 55.4.

The current price to book ratio for Ice Make Refrigeration Limited as of Nov 22, 2024 is 11.07.

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 ₹434.05 in the last 52-week.

Ice Make Refrigeration Limited share trading at ₹761.00, Down by Rs. -14.00, or -1.81 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 ₹682.3 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 -1.81%. 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 764.01 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 191.5. Compared to the current market price of 761.00 INR, the ICEMAKE stock is Overvalued by 74.8%.

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 15.97. Ice Make Refrigeration Limited book value per share as of today is 68.72. The current price to book ratio for ICEMAKE as of Nov 23, 2024 is 11.07.


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 82.90 4.57 37.78
TITAN 3302.00 37.18 162.84
STYLAMIND 2363.75 77.49 316.59
NYKAA 169.40 0.56 5.69
IRCTC 808.60 15 40.37
NAUKRI 7990.00 57.31 1966.04
INTLCONV 80.30 13.36 45.36
MALLCOM 1463.65 58.77 362.51
JUBLFOOD 637.65 2.88 33.52
ANMOL 28.03 2.35 17.62
Updated at: 22 Nov 2024 15:57

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