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Ice Make Refrigeration Limited
Share Price Target & Analysis

NSE:ICEMAKE

567.49

VWAP

563.95

Open

565.85

Close

575.00

High

559.00

Low

747.45

52 Week High

561.15 ⇧
2.75 (0.49%)

ICEMAKE

(Miscellaneous)
56.4% Momentum

Turnaround Potential

320.00

52 Week Low

13.32

EPS

59.61

PE

10.42

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 561.15, this results in a dividend yield of 0.21 %.

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 13.32. NSE:ICEMAKE book value per share as of today is 53.87. The current price to book ratio for ICEMAKE as of May 18, 2024 is 10.42.

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 61.10% is very crucial parameter which shows that 61.10% investors are anticipating that the price of ICEMAKE share should go up with VWAP at 567.49.

Now, the main question is whether to BUY or SELL, NSE:ICEMAKE at current valuation.
As per latest Analysis No. #2001:-

⇑ 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 18, 2024)

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

Ice Make Refrigeration Limited share price moved Up by 0.49% from its previous close of Rs 565.85. ICEMAKE stock last traded price is 561.15. ICEMAKE share price trend is Up with a total of 13517 stocks traded till now. It has touched an intraday high of Rs 575.00 and an intraday low of Rs 559.00. The ICEMAKE trading at 561.15, Up by Rs. 2.75, or 0.49 percent which suggests that most of the Traders are anticipating that the price of ICEMAKE share should go Up.

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 Up by 0.49%. ICEMAKE share price short term trend is Up. It suggests that ICEMAKE Share Price for Tomorrow remains the same with VWAP at 567.49 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

 561.15

ICEMAKE Share Price Target Prediction for 2024 ^

 513.9 - 751.1

ICEMAKE Share Price Target Prediction for 2025*^

 751.1 - 800.2

ICEMAKE Share Price Target Prediction for 2026*^

 800.2 - 856.2

ICEMAKE Share Price Target Prediction for 2027*^

 899

ICEMAKE Share Price Target Prediction for 2028*^

 925

ICEMAKE Share Price Target Prediction for 2030*^

 1008
ICEMAKE Current Book Value 2023
53.6

*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: @530.95

ICEMAKE Moving Averages

BUY (13) NEUTRAL (0) SELL (1)
MA Simple Action S1 Expo Action E2
MA_5 488.17 BUY 497.18 BUY
MA_12 496.62 BUY 496.69 BUY
MA_20 503.11 BUY 498.83 BUY
MA_32 505.21 BUY 501.87 BUY
MA_50 494.81 BUY 507.27 BUY
MA_100 527.49 BUY 520.46 BUY
MA_200 554.53 SELL 509.33 BUY

ICEMAKE Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 503.11 Uptrend
MACD -0.49 SELL
ADX 22.83 NO or Weak Trend
DMI (+/-) 28.24 / 16.73 Uptrend

ICEMAKE Momentum Oscillators

BUY (3) NEUTRAL (7) SELL (2)
Momentum Oscillators Value Action
RSI 61.3 Neutral
STOCHASTIC_K (Fast) 75.22 Neutral
STOCHASTIC_D (Slow) 42.91 Neutral
CCI 75.69 Neutral
PSAR 465.05 BUY
TRUE RANGE 64 Neutral
ATR 20.35 SELL
WILLIAMS R -15.46 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 59.67 Neutral
MOMENTUM -4.3 SELL

ICEMAKE Last 1 Year Trend

Duration Value
1 Year 52.24%
3 Months -11.88%
1 Month -0.8%
1 Week 8.43%

ICEMAKE Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 60%
NEUTRAL / HOLD 27%
SELL 13%

Most popular Questions & Answers about ICEMAKE


Ice Make Refrigeration Limited stock last traded price is 561.15. ICEMAKE share price moved Up by 0.49% from its previous close of Rs 565.85.

Ice Make Refrigeration Limited share price trend is Up with a total of 13517 stocks traded till now. It has touched an intraday high of Rs 754.9245 and an intraday low of Rs 559.00. The ICEMAKE trading at 561.15, Up by Rs. 2.75, or 0.49 percent which suggests that most of the Traders are anticipating that the price of ICEMAKE share should go Up and the Stop Loss will be around 567.49.

The market cap of Ice Make Refrigeration Limited is ₹114.6 (in Cr) as of May 17, 2024.

The current price to earning ratio for Ice Make Refrigeration Limited as of May 17, 2024 is 59.61.

The current price to book ratio for Ice Make Refrigeration Limited as of May 17, 2024 is 10.42.

The highest price of Ice Make Refrigeration Limited stock is ₹747.45 in the last 52-week.

The lowest price of Ice Make Refrigeration Limited stock is ₹320.00 in the last 52-week.

Ice Make Refrigeration Limited share trading at ₹561.15, Up by Rs. 2.75, or 0.49 percent which suggests that most of the traders are anticipating that the price of ICEMAKE share should go Up.

In 2023, Stock price target for Ice Make Refrigeration Limited (ICEMAKE) are ₹513.9 on downside and ₹751.1 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 ₹751.1 on downside and ₹800.2 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 ₹800.2 on downside and ₹856.2 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 ₹925 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.

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 13.32. Ice Make Refrigeration Limited book value per share as of today is 53.87. The current price to book ratio for ICEMAKE as of May 18, 2024 is 10.42.


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 108.80 5.2 34.87
TITAN 3361.15 39.91 162.84
STYLAMIND 1592.45 69.4 243.33
NYKAA 177.70 0.16 5.78
IRCTC 1093.70 13.82 30.98
NAUKRI 6222.00 61.91 832.05
INTLCONV 85.10 10.03 36.24
MALLCOM 1019.90 53.91 308.66
JUBLFOOD 470.70 3.88 32.51
NRL 79.25 1.57 11.18
Updated at: 17 May 2024 15:49

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SITEMAP 2163
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