Ice Make Refrigeration Limited
Share Price Target & Analysis

NSE:ICEMAKE

789.39

VWAP

795

Open

801.35

Close

803.9

High

781.55

Low

1075

52 Week High

785.65
-15.70 (-1.96%)

ICEMAKE

(Miscellaneous)
30.2% Momentum

Turnaround Potential

660.3

52 Week Low

8.04

EPS

45.22

PE

9.84

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 785.65, 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 8.04. NSE:ICEMAKE book value per share as of today is 79.84. The current price to book ratio for ICEMAKE as of Apr 25, 2026 is 9.84.

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 52.02% is very crucial parameter which shows that 52.02% investors are anticipating that the price of ICEMAKE share should go up with VWAP at 789.39.

Now, the main question is whether to BUY or SELL, NSE:ICEMAKE at current valuation.
As per latest Analysis No. #3359:-

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 (Apr 25, 2026)

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

Ice Make Refrigeration Limited share price moved Down by -1.96% from its previous close of Rs 801.35. ICEMAKE stock last traded price is 785.65. ICEMAKE share price trend is Down with a total of 13395 stocks traded till now. It has touched an intraday high of Rs 803.9 and an intraday low of Rs 781.55. The ICEMAKE trading at 785.65, Down by Rs. -15.70, or -1.96 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 -1.96%. ICEMAKE share price short term trend is Down. It suggests that ICEMAKE Share Price for Tomorrow remains the same with VWAP at 789.39 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

785.65

ICEMAKE Share Price Target Prediction for 2026 ^

692.3 - 921

ICEMAKE Share Price Target Prediction for 2027*^

921 - 1150.9

ICEMAKE Share Price Target Prediction for 2028*^

1150.9 - 1231.5

ICEMAKE Share Price Target Prediction for 2029*^

1293

ICEMAKE Share Price Target Prediction for 2030*^

1330

ICEMAKE Share Price Target Prediction for 2035*^

1450
ICEMAKE Current Book Value 2025
79.4

*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 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: @783.25

ICEMAKE Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 789.12 SELL 787.31 SELL
MA_12 786.6 SELL 788.79 SELL
MA_20 785.79 SELL 793.12 SELL
MA_32 803.33 SELL 804.26 SELL
MA_50 816.85 SELL 812.71 SELL
MA_100 843.88 SELL 815.86 SELL
MA_200 800.82 SELL 790.96 SELL

ICEMAKE Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 785.79 Downtrend
MACD 2.91 BUY
ADX 9.8 NO or Weak Trend
DMI (+/-) 16.6 / 16.58 Uptrend

ICEMAKE Momentum Oscillators

BUY (0) NEUTRAL (9) SELL (3)
Momentum Oscillators Value Action
RSI 43.57 Neutral
STOCHASTIC_K (Fast) 24.56 Neutral
STOCHASTIC_D (Slow) 38.63 Neutral
CCI -18.44 Neutral
PSAR 798.6 SELL
TRUE RANGE 14.15 Neutral
ATR 22.92 Neutral
WILLIAMS R -67.56 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 34.33 Neutral
MOMENTUM -19.4 SELL

ICEMAKE Last 1 Year Trend

Duration Value
1 Year -6.24%
3 Months -4.05%
1 Month -2.42%
1 Week -1.39%

ICEMAKE Technical Analysis Summary

Updated on 2025-07-11
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 33%
SELL 60%

Most popular Questions & Answers about ICEMAKE


Ice Make Refrigeration Limited stock last traded price is 785.65. ICEMAKE share price moved Down by -1.96% from its previous close of Rs 801.35.

Ice Make Refrigeration Limited share price trend is Down with a total of 13395 stocks traded till now. It has touched an intraday high of Rs 1085.75 and an intraday low of Rs 781.55. The ICEMAKE trading at 785.65, Down by Rs. -15.70, or -1.96 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 789.39.

The market cap of Ice Make Refrigeration Limited is ₹114.6 (in Cr) as of Apr 24, 2026.

The current price to earning ratio for Ice Make Refrigeration Limited as of Apr 24, 2026 is 45.22.

The current price to book ratio for Ice Make Refrigeration Limited as of Apr 24, 2026 is 9.84.

The highest price of Ice Make Refrigeration Limited stock is ₹1075 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 ₹785.65, Down by Rs. -15.70, or -1.96 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 ₹692.3 on downside and ₹921 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 ₹921 on downside and ₹1150.9 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 ₹1150.9 on downside and ₹1231.5 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 ₹1330 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 -1.96%. 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 789.39 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 96.4. Compared to the current market price of 785.65 INR, the ICEMAKE stock is Overvalued by 87.7%.

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 8.04. Ice Make Refrigeration Limited book value per share as of today is 79.84. The current price to book ratio for ICEMAKE as of Apr 25, 2026 is 9.84.


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 57.03 5.38 43.38
TITAN 4410.00 49.29 217.41
STYLAMIND 2234.70 82.92 453.88
NYKAA 262.79 0.21 6.06
IRCTC 541.20 17.81 58.19
NAUKRI 984.95 84.54 697.94
INTLCONV 76.80 9.36 65.72
MALLCOM 1092.45 89.87 501.6
JUBLFOOD 491.95 3.55 35.78
ANMOL 11.65 1.82 20.68
Updated at: 24 Apr 2026 15:49

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