NIFTY 22200.55 BANK 47687.45

Ice Make Refrigeration Limited
Share Price Target & Analysis

NSE:ICEMAKE

516.70

VWAP

479.00

Open

479.55

Close

543.00

High

479.00

Low

747.45

52 Week High

530.95 ⇧
51.40 (10.72%)

ICEMAKE

(Miscellaneous)
49.4% Momentum

Turnaround Potential

320.00

52 Week Low

13.32

EPS

59.75

PE

9.86

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 530.95, this results in a dividend yield of 0.23 %.

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 15, 2024 is 9.86.

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 516.70.

Now, the main question is whether to BUY or SELL, NSE:ICEMAKE at current valuation.
As per latest Analysis No. #1987:-

⇑ 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 15, 2024)

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

Ice Make Refrigeration Limited share price moved Up by 10.72% from its previous close of Rs 479.55. ICEMAKE stock last traded price is 530.95. ICEMAKE share price trend is Up with a total of 83600 stocks traded till now. It has touched an intraday high of Rs 543.00 and an intraday low of Rs 479.00. The ICEMAKE trading at 530.95, Up by Rs. 51.40, or 10.72 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 10.72%. ICEMAKE share price short term trend is Up. It suggests that ICEMAKE Share Price for Tomorrow remains the same with VWAP at 516.70 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

 530.95

ICEMAKE Share Price Target Prediction for 2024 ^

 335.5 - 567.5

ICEMAKE Share Price Target Prediction for 2025*^

 567.5 - 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: @516.7

ICEMAKE Moving Averages

BUY (8) NEUTRAL (0) SELL (6)
MA Simple Action S1 Expo Action E2
MA_5 518.86 SELL 517.31 SELL
MA_12 519.96 SELL 515.1 BUY
MA_20 514.63 BUY 511.74 BUY
MA_32 494.46 BUY 510.37 BUY
MA_50 497.41 BUY 515.34 BUY
MA_100 543.64 SELL 528.22 SELL
MA_200 551.06 SELL 511.14 BUY

ICEMAKE Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 514.63 Uptrend
MACD 0.03 BUY
ADX 18.87 NO or Weak Trend
DMI (+/-) 18.98 / 15.87 Uptrend

ICEMAKE Momentum Oscillators

BUY (1) NEUTRAL (8) SELL (3)
Momentum Oscillators Value Action
RSI 53.46 Neutral
STOCHASTIC_K (Fast) 29.64 Neutral
STOCHASTIC_D (Slow) 47.07 Neutral
CCI -33.81 Neutral
PSAR 533.75 SELL
TRUE RANGE 10 SELL
ATR 17.23 Neutral
WILLIAMS R -65.81 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 17.15 Oversold
STOCHASTIC RSI D 39.05 Neutral
MOMENTUM 32.75 BUY

ICEMAKE Last 1 Year Trend

Duration Value
1 Year 50.88%
3 Months -15.79%
1 Month 6.77%
1 Week 0.67%

ICEMAKE Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 40%
NEUTRAL / HOLD 30%
SELL 30%

Most popular Questions & Answers about ICEMAKE


Ice Make Refrigeration Limited stock last traded price is 530.95. ICEMAKE share price moved Up by 10.72% from its previous close of Rs 479.55.

Ice Make Refrigeration Limited share price trend is Up with a total of 83600 stocks traded till now. It has touched an intraday high of Rs 754.9245 and an intraday low of Rs 479.00. The ICEMAKE trading at 530.95, Up by Rs. 51.40, or 10.72 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 516.70.

The market cap of Ice Make Refrigeration Limited is ₹114.6 (in Cr) as of May 14, 2024.

The current price to earning ratio for Ice Make Refrigeration Limited as of May 14, 2024 is 59.75.

The current price to book ratio for Ice Make Refrigeration Limited as of May 14, 2024 is 9.86.

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 ₹530.95, Up by Rs. 51.40, or 10.72 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 ₹335.5 on downside and ₹567.5 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 ₹567.5 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 15, 2024 is 9.86.


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 106.60 5.2 34.87
TITAN 3269.90 39.91 162.84
STYLAMIND 1629.40 69.4 243.33
NYKAA 169.75 0.16 5.78
IRCTC 1027.35 13.82 30.98
NAUKRI 5921.50 61.91 832.05
INTLCONV 87.70 10.03 36.24
MALLCOM 1004.30 53.91 308.66
JUBLFOOD 468.00 3.88 32.51
NRL 73.30 1.57 11.18
Updated at: 15 May 2024 15:57

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

SITEMAP 4288
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 3047.00 9.45 (0.31%) | ADANIGREEN 1835.00 46.20 (2.58%) | ADANIPORTS 1337.60 6.35 (0.48%) | ADANITRANS 1022.05 31.00 (3.13%) | AMBUJACEM 611.70 1.50 (0.25%) | APOLLOHOSP 5854.80 -8.00 (-0.14%) | ASIANPAINT 2813.00 -53.15 (-1.85%) | ATGL 913.00 4.05 (0.45%) | AUROPHARMA 1157.05 -11.55 (-0.99%) | AXISBANK 1128.00 5.15 (0.46%) | BAJAJ-AUTO 8903.15 -162.10 (-1.79%) | BAJAJFINSV 1570.75 -5.70 (-0.36%) | BAJFINANCE 6680.00 4.30 (0.06%) | BALKRISIND 2507.00 19.35 (0.78%) | BANDHANBNK 189.90 1.35 (0.72%) | BANKBARODA 263.90 3.05 (1.17%) | BEL 233.25 2.30 (1%) | BERGEPAINT 486.15 -8.40 (-1.7%) | BHARTIARTL 1309.90 25.60 (1.99%) | BIOCON 311.50 0.60 (0.19%) | BOSCHLTD 30930.00 -952.00 (-2.99%) | BPCL 626.70 20.75 (3.42%) | BRITANNIA 5062.05 -78.75 (-1.53%) | CADILAHC 992.50 10.35 (1.05%) | CIPLA 1405.50 48.15 (3.55%) | COALINDIA 467.50 18.80 (4.19%) | COLPAL 2673.00 -146.95 (-5.21%) | DABUR 546.60 -7.95 (-1.43%) | DIVISLAB 3892.55 -3.65 (-0.09%) | DLF 825.05 -14.00 (-1.67%) | DMART 4652.45 55.40 (1.21%) | DRREDDY 5882.00 13.20 (0.22%) | EICHERMOT 4648.00 -82.55 (-1.75%) | GAIL 200.40 0.35 (0.17%) | GLAND 1776.00 10.50 (0.59%) | GODREJCP 1295.00 -11.90 (-0.91%) | GRASIM 2369.70 -2.35 (-0.1%) | GUJGASLTD 542.50 -8.90 (-1.61%) | HAVELLS 1753.00 23.90 (1.38%) | HCLTECH 1335.00 13.95 (1.06%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3754.80 76.90 (2.09%) | HDFCBANK 1440.80 -20.15 (-1.38%) | HDFCLIFE 555.95 -5.60 (-1%) | HEROMOTOCO 5037.90 -5.55 (-0.11%) | HINDALCO 653.10 6.45 (1%) | HINDUNILVR 2327.80 -21.80 (-0.93%) | HINDZINC 559.40 -0.50 (-0.09%) | ICICIBANK 1125.10 4.55 (0.41%) | ICICIGI 1657.45 -26.35 (-1.56%) | ICICIPRULI 580.35 -16.85 (-2.82%) | INDIGO 4275.00 127.65 (3.08%) | INDUSINDBK 1418.00 -3.00 (-0.21%) | INDUSTOWER 341.50 2.00 (0.59%) | INFY 1420.00 -4.70 (-0.33%) | IOB 62.05 0.20 (0.32%) | IOC 162.00 2.65 (1.66%) | ITC 427.80 -1.90 (-0.44%) | JSWSTEEL 870.55 -10.95 (-1.24%) | KOTAKBANK 1650.80 4.50 (0.27%) | LT 3415.00 35.55 (1.05%) | LTI 4634.85 41.30 (0.9%) | LUPIN 1639.10 1.95 (0.12%) | M&M 2301.45 31.55 (1.39%) | MARICO 590.80 -9.45 (-1.57%) | MARUTI 12758.50 -55.70 (-0.43%) | MCDOWELL-N 1174.50 -1.10 (-0.09%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1676.10 -1.20 (-0.07%) | NAUKRI 5921.50 -95.80 (-1.59%) | NESTLEIND 2466.00 -21.35 (-0.86%) | NMDC 267.75 2.70 (1.02%) | NTPC 361.50 5.70 (1.6%) | ONGC 273.00 0.10 (0.04%) | PEL 823.40 -6.85 (-0.83%) | PIDILITIND 2986.00 2.25 (0.08%) | PIIND 3645.95 -21.65 (-0.59%) | PNB 124.15 -1.60 (-1.27%) | POWERGRID 314.35 5.10 (1.65%) | RELIANCE 2831.70 -8.45 (-0.3%) | SAIL 166.40 1.75 (1.06%) | SBICARD 713.90 -4.50 (-0.63%) | SBILIFE 1428.80 -4.05 (-0.28%) | SBIN 820.10 1.90 (0.23%) | SHREECEM 25850.00 -174.90 (-0.67%) | SIEMENS 7119.30 458.85 (6.89%) | SRF 2290.00 3.25 (0.14%) | SUNPHARMA 1527.40 -17.85 (-1.16%) | TATACONSUM 1070.00 -15.45 (-1.42%) | TATAMOTORS 947.30 -17.35 (-1.8%) | TATAMTRDVR 636.60 -9.75 (-1.51%) | TATASTEEL 165.60 0.65 (0.39%) | TCS 3882.70 -18.50 (-0.47%) | TECHM 1276.90 1.40 (0.11%) | TITAN 3269.90 -19.00 (-0.58%) | TORNTPHARM 2652.35 21.70 (0.82%) | ULTRACEMCO 9614.10 -46.55 (-0.48%) | UPL 514.20 4.15 (0.81%) | VEDL 437.40 4.85 (1.12%) | WIPRO 458.50 2.15 (0.47%) |