ICE Make Refrig.

  • Market Cap: Micro Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE520Y01019
  • NSEID: ICEMAKE
  • BSEID:
INR
835.15
-42.3 (-4.82%)
BSENSE

May 29

BSE+NSE Vol: 101324

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
{
  "main_header": {
    "sid": 1002883,
    "name": "ICE Make Refrig.",
    "stock_name": "ICE Make Refrig.",
    "full_name": "ICE Make Refrigeration Ltd",
    "name_url": "stocks-analysis/ice-make-refrig",
    "exchange": 1,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "835.15",
    "chg": -42.3,
    "chgp": "-4.82%",
    "dir": -1,
    "prev_price": "877.45",
    "mcapval": "1,416.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "ICEMAKE",
    "ind_name": "Industrial Manufacturing",
    "ind_code": 62,
    "indexname": "India SENSEX",
    "isin": "INE520Y01019",
    "curr_date": "May 29",
    "curr_time": "",
    "bse_nse_vol": 101324,
    "exc_status": "Active",
    "traded_date": "May 29, 2026",
    "traded_date_str": "2026 05 29",
    "score": "",
    "scoreText": "",
    "Live": 0,
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  },
  "news": {
    "results": [
      {
        "title": "Are ICE Make Refrigeration Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-ice-make-refrigeration-ltd-latest-results-good-or-bad-4021951",
        "imagepath": "",
        "date": "2026-05-29 19:50:56",
        "description": "ICE Make Refrigeration Ltd's latest financial results for Q3 FY26 reveal a complex situation characterized by strong revenue growth but significant challenges in profitability. The company reported net sales of ₹153.36 crores, reflecting a year-on-year growth of 38.71%, which indicates robust demand for its refrigeration solutions. However, this impressive top-line performance contrasts sharply with a concerning decline in net profit, which fell to ₹1.47 crores, down 48.78% from the previous year. This indicates a troubling inability to convert revenue into profit effectively.\n\nThe operating margin for the quarter was recorded at 6.46%, showing a slight year-on-year improvement of 42 basis points. However, this remains below historical performance levels, and the profit after tax (PAT) margin has compressed significantly to just 0.95%, down from 2.54% in the same quarter last year. The decline in profitabil..."
      },
      {
        "title": "ICE Make Refrigeration Ltd Sees Bullish Momentum Shift Amid Strong Technical Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-sees-bullish-momentum-shift-amid-strong-technical-signals-4015804",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ICEMakeRefriger_technicaldot_4015804.png",
        "date": "2026-05-27 08:04:53",
        "description": "ICE Make Refrigeration Ltd has experienced a notable shift in price momentum, with technical indicators signalling a transition from mildly bullish to a more confident bullish trend. The stock’s recent surge, coupled with upgrades in key technical parameters, suggests renewed investor interest in this micro-cap industrial manufacturing player."
      },
      {
        "title": "ICE Make Refrigeration Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/ice-make-refrigeration-ltd-is-rated-sell-4010189",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ICEMakeRefriger_mojoScore_4010189.png",
        "date": "2026-05-25 10:10:56",
        "description": "ICE Make Refrigeration Ltd is rated Sell by MarketsMOJO. This rating was last updated on 27 Apr 2026, reflecting a shift in the company’s outlook. However, the analysis below is based on the stock’s current fundamentals, returns, and financial metrics as of 25 May 2026, providing investors with an up-to-date perspective on the company’s position."
      },
      {
        "title": "ICE Make Refrigeration Ltd Gains 3.29%: 3 Key Factors Driving the Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-gains-329-3-key-factors-driving-the-week-4008197",
        "imagepath": "",
        "date": "2026-05-23 13:01:00",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>18 May:</strong> Stock opens at Rs.750.85, down 2.27% amid technical concerns</p>\n                    <p><strong>19 May:</strong> Mildly bearish technical shift and valuation grade downgrade to Sell</p>\n                    <p><strong>21 May:</strong> Strong rebound with 3.69% gain, signalling renewed buying interest</p>\n                    <p><strong>22 May:</strong> Week closes at Rs.793.55, up 1.87% on the day and 3.29% for the week</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.768.30</div></div>\n                    <div class=\"stat-item\"><div class=..."
      },
      {
        "title": "ICE Make Refrigeration Ltd Sees Technical Momentum Shift Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-sees-technical-momentum-shift-amid-mixed-market-signals-4004387",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ICEMakeRefriger_technicaldot_4004387.png",
        "date": "2026-05-22 08:03:57",
        "description": "ICE Make Refrigeration Ltd, a micro-cap player in the industrial manufacturing sector, has recently exhibited a shift in technical momentum from mildly bearish to mildly bullish. Despite a modest day gain of 3.69%, the stock’s technical indicators present a nuanced picture, with some metrics signalling strength while others remain subdued. This article analyses the latest technical trends, key indicator readings, and the stock’s performance relative to broader market benchmarks."
      },
      {
        "title": "ICE Make Refrigeration Ltd Faces Mildly Bearish Technical Shift Amid Market Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-faces-mildly-bearish-technical-shift-amid-market-pressure-3998117",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ICEMakeRefriger_technicaldot_3998117.png",
        "date": "2026-05-19 08:06:38",
        "description": "ICE Make Refrigeration Ltd, a micro-cap player in the industrial manufacturing sector, has experienced a notable shift in its technical momentum, moving from a sideways trend to a mildly bearish stance. Recent technical indicators, including MACD, Bollinger Bands, and moving averages, signal a cautious outlook for investors as the stock price declined by 2.27% on 19 May 2026, closing at ₹750.85."
      },
      {
        "title": "ICE Make Refrigeration Ltd Valuation Shifts to Fair Amidst Mixed Market Performance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-valuation-shifts-to-fair-amidst-mixed-market-performance-3997880",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ICEMakeRefriger_valuationdot_3997880.png",
        "date": "2026-05-19 08:02:24",
        "description": "ICE Make Refrigeration Ltd, a micro-cap player in the industrial manufacturing sector, has witnessed a notable shift in its valuation parameters, moving from an expensive to a fair rating. Despite recent price declines and a downgrade in its Mojo Grade to Sell, the company’s valuation metrics suggest a more balanced price attractiveness compared to its historical highs and peer group averages."
      },
      {
        "title": "ICE Make Refrigeration Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/ice-make-refrigeration-ltd-is-rated-sell-3991112",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ICEMakeRefriger_mojoScore_3991112.png",
        "date": "2026-05-14 10:10:03",
        "description": "ICE Make Refrigeration Ltd is rated Sell by MarketsMOJO, with this rating last updated on 27 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 14 May 2026, providing investors with the latest insights into the company’s performance and outlook."
      },
      {
        "title": "ICE Make Refrigeration Ltd Technical Momentum Shifts Amid Mixed Indicators",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-technical-momentum-shifts-amid-mixed-indicators-3988710",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ICEMakeRefriger_technicaldot_3988710.png",
        "date": "2026-05-13 08:05:21",
        "description": "ICE Make Refrigeration Ltd, a micro-cap player in the industrial manufacturing sector, has experienced a notable shift in its technical momentum, moving from a mildly bullish stance to a sideways trend. Despite a recent downgrade from Hold to Sell by MarketsMOJO, the stock’s technical indicators present a complex picture, reflecting both bullish and bearish signals across different timeframes."
      }
    ],
    "total": 151,
    "sid": "1002883",
    "stock_news_url": "https://www.marketsmojo.com/news/ice-make-refrigeration-1002883"
  },
  "announcements": [
    {
      "details": "Ice Make Refrigeration Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates",
      "source": "NSE",
      "caption": "Ice Make Refrigeration Limited - Analysts/Institutional Investor Meet/Con. Call Updates",
      "datetime": "13-Nov-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "",
      "data": [
        {
          "title": "BOARD MEETING",
          "txt": "(29 May 2026)"
        }
      ]
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "ICE Make Refrigeration Ltd has declared <strong>22%</strong> dividend, ex-date: 19 Sep 25",
          "dt": "2025-09-19",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}
stock newsNews and Views

ICE Make Refrigeration Ltd Gains 3.29%: 3 Key Factors Driving the Week

2026-05-23 13:01:00

Key Events This Week

18 May: Stock opens at Rs.750.85, down 2.27% amid technical concerns

19 May: Mildly bearish technical shift and valuation grade downgrade to Sell

21 May: Strong rebound with 3.69% gain, signalling renewed buying interest

22 May: Week closes at Rs.793.55, up 1.87% on the day and 3.29% for the week

stock-recommendationAnnouncement

Ice Make Refrigeration Limited - Analysts/Institutional Investor Meet/Con. Call Updates

13-Nov-2019 | Source : NSE

Ice Make Refrigeration Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates

stock-recommendationCorporate Actions
Corporate Actions
info
stock-summary
BOARD MEETING

(29 May 2026)

stock-summary
DIVIDEND

ICE Make Refrigeration Ltd has declared 22% dividend, ex-date: 19 Sep 25

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available