Ice Make Refrigeration Limited
Share Price Target & Analysis

NSE:ICEMAKE

740.5

VWAP

725.7

Open

725.7

Close

760

High

721

Low

920

52 Week High

727.90
2.20 (0.3%)

ICEMAKE

(Miscellaneous)
26% Momentum

Turnaround Potential

660.3

52 Week Low

17.43

EPS

105.65

PE

8.53

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 0.31 per share. At the current share price of ICEMAKE at Rs 727.90, this results in a dividend yield of 0.04 %.

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 17.43. NSE:ICEMAKE book value per share as of today is 85.33. The current price to book ratio for ICEMAKE as of Sep 10, 2026 is 8.53.

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 5136% is very crucial parameter which shows that 5136% investors are anticipating that the price of ICEMAKE share should go up with VWAP at 740.5.

Now, the main question is whether to BUY or SELL, NSE:ICEMAKE at current valuation.
As per latest Analysis No. #3563:-

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 (Sep 10, 2026)

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

Ice Make Refrigeration Limited share price moved Up by 0.3% from its previous close of Rs 725.7. ICEMAKE stock last traded price is 727.90. ICEMAKE share price trend is Up with a total of 17732 stocks traded till now. It has touched an intraday high of Rs 760 and an intraday low of Rs 721. The ICEMAKE trading at 727.90, Up by Rs. 2.20, or 0.3 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 0.3%. ICEMAKE share price short term trend is Up. It suggests that ICEMAKE Share Price for Tomorrow remains the same with VWAP at 740.5 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

727.90

ICEMAKE Share Price Target Prediction for 2026 ^

692.3 - 838.1

ICEMAKE Share Price Target Prediction for 2027*^

838.1 - 985

ICEMAKE Share Price Target Prediction for 2028*^

985 - 1054

ICEMAKE Share Price Target Prediction for 2029*^

1107

ICEMAKE Share Price Target Prediction for 2030*^

1138

ICEMAKE Share Price Target Prediction for 2035*^

1241
ICEMAKE Current Book Value
84.9

*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 2026 2027 2028 2029 2030 to 2035 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

ICEMAKE Technical Analysis

Candlestick Pattern: @725.7

ICEMAKE Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 731.73 SELL 730.56 SELL
MA_12 735.19 SELL 737.94 SELL
MA_20 737.37 SELL 746.32 SELL
MA_32 775.15 SELL 759.27 SELL
MA_50 781.86 SELL 767.24 SELL
MA_100 780.41 SELL 773.78 SELL
MA_200 771.65 SELL 773.49 SELL

ICEMAKE Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 737.37 Downtrend
MACD 0.96 BUY
ADX 20.89 NO or Weak Trend
DMI (+/-) 14.97 / 19.08 Downtrend

ICEMAKE Momentum Oscillators

BUY (1) NEUTRAL (10) SELL (1)
Momentum Oscillators Value Action
RSI 38.04 Neutral
STOCHASTIC_K (Fast) 24.75 Neutral
STOCHASTIC_D (Slow) 25.84 Neutral
CCI -21.77 Neutral
PSAR 709.68 BUY
TRUE RANGE 22 Neutral
ATR 23.14 Neutral
WILLIAMS R -65.31 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 28.3 Neutral
STOCHASTIC RSI D 29.26 Neutral
MOMENTUM -85.75 SELL

ICEMAKE Last 1 Year Trend

Duration Value
1 Year -1.53%
3 Months -3.89%
1 Month -10.57%
1 Week -1.89%

ICEMAKE Technical Analysis Summary

Updated on 2026-09-09
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 37%
SELL 57%

Most popular Questions & Answers about ICEMAKE (/ FAQ ICEMAKE)


Ice Make Refrigeration Limited stock last traded price is 727.90. ICEMAKE share price moved Up by 0.3% from its previous close of Rs 725.7.

Ice Make Refrigeration Limited share price trend is Up with a total of 17732 stocks traded till now. It has touched an intraday high of Rs 929.2 and an intraday low of Rs 721. The ICEMAKE trading at 727.90, Up by Rs. 2.20, or 0.3 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 740.5.

The market cap of Ice Make Refrigeration Limited is ₹114.6 (in Cr) as of Sep 09, 2026.

The current price to earning ratio for Ice Make Refrigeration Limited as of Sep 09, 2026 is 105.65.

The current price to book ratio for Ice Make Refrigeration Limited as of Sep 09, 2026 is 8.53.

The highest price of Ice Make Refrigeration Limited stock is ₹920 in the last 52-week.

The lowest price of Ice Make Refrigeration Limited stock is ₹660.3 in the last 52-week.

Ice Make Refrigeration Limited share trading at ₹727.90, Up by Rs. 2.20, or 0.3 percent which suggests that most of the traders are anticipating that the price of ICEMAKE share should go Up.

In 2026, Stock price target for Ice Make Refrigeration Limited (ICEMAKE) will be around ₹692.3 on downside and ₹838.1 on upside. Ice Make Refrigeration Limited share price target is based on current financial year earings of the company.

In 2027, Stock price target for Ice Make Refrigeration Limited (ICEMAKE) will be around ₹838.1 on downside and ₹985 on upside. Ice Make Refrigeration Limited share price target is based on forecasted future earnings of the company.

In 2028, Stock price target for Ice Make Refrigeration Limited (ICEMAKE) will be around ₹985 on downside and ₹1054 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 ₹1138 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 0.3%. The short-term trend for ICEMAKE share price is Up. It implies that the share price of ICEMAKE will stay the same tomorrow and that intraday traders should treat VWAP at 740.5 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 209. Compared to the current market price of 727.90 INR, the ICEMAKE stock is Overvalued by 71.3%.

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 17.43. Ice Make Refrigeration Limited book value per share as of today is 85.33. The current price to book ratio for ICEMAKE as of Sep 10, 2026 is 8.53.


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 53.65 6.88 43.64
TITAN 5021.00 58.92 249.9
STYLAMIND 3310.60 100.21 504.45
NYKAA 341.95 0.37 6.33
IRCTC 467.75 18.04 57.98
NAUKRI 1265.00 86.87 539.66
INTLCONV 77.16 10.97 85.28
MALLCOM 976.30 67.02 506.12
JUBLFOOD 473.80 16.58 37.46
ANMOL 15.34 2.11 21.96
NIACL 197.35 8.4 202.31
SYNGENE 384.00 17.2 116.49
NAM-INDIA 1185.00 24.13 76.76
CRISIL 4721.70 94.77 228.85
SFL 697.95 22.05 270.7
CENTURYPLY 734.05 18.1 125.4
PRITIKAUTO 14.89 1.73 19.57
CHOLAHLDNG 1532.00 3.75 74.77
FINEORG 5156.00 130.36 864.32
ABMINTLLTD 52.63 -2.15 8.83
AMBER 7280.00 91.15 886.74
GODREJAGRO 673.05 34.02 160.03
BSE 3306.00 59.53 161.71
MCX 3300.00 43.3 123.28
SIS 422.95 12.61 80.21
JUSTDIAL 668.75 63.73 619.96
RVNL 205.60 4.01 43.25
RTNINDIA 27.60 -1.31 6.28
TEAMLEASE 1253.90 82.02 583.26
GREENLAM 236.39 8.55 50.56
Updated at: 2026-09-10 15:52:08

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