ICE Make Refrig.

Market Cap: Micro Cap
Industry: Industrial Manufacturing
ISIN: INE520Y01019
NSEID: ICEMAKE
BSEID:
View on NSE

INR

660.00

-17.2 (-2.54%)

BSENSE

Sep 25, 12:00 PM

BSE+NSE Vol: 45630

{
  "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": "660.00",
    "chg": -17.2,
    "chgp": "-2.54%",
    "dir": -1,
    "prev_price": "677.20",
    "mcapval": "1,041.46 Cr",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "ICEMAKE",
    "ind_name": "Industrial Manufacturing",
    "ind_code": 62,
    "sector_id": 41,
    "indexname": "India SENSEX",
    "isin": "INE520Y01019",
    "curr_date": "Sep 25, 12:00 PM",
    "curr_time": "12:20 PM",
    "last_traded_at": "Sep 25, 12:00 PM IST",
    "bse_nse_vol": 45630,
    "exc_status": "Active",
    "traded_date": "Sep 25, 2026",
    "traded_date_str": "2026 09 25",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 1,
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    "mojoone": {
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  "news": {
    "results": [
      {
        "title": "ICE Make Refrigeration Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/ice-make-refrigeration-ltd-is-rated-sell-4203633",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ICEMakeRefriger_mojoScore_4203633.png",
        "date": "2026-09-24 10:10:04",
        "description": "ICE Make Refrigeration Ltd is rated Sell by MarketsMOJO. This rating was last updated on 17 August 2026. However, all fundamentals, returns, and financial metrics discussed below reflect the stock’s current position as of 24 September 2026, providing investors with the most up-to-date analysis."
      },
      {
        "title": "ICE Make Refrigeration Ltd Faces Bearish Momentum Amid Technical Downgrade",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-faces-bearish-momentum-amid-technical-downgrade-4200427",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ICEMakeRefriger_technicaldot_4200427.png",
        "date": "2026-09-22 08:07:13",
        "description": "ICE Make Refrigeration Ltd, a micro-cap player in the industrial manufacturing sector, has seen its technical outlook deteriorate from mildly bearish to outright bearish, reflecting a shift in price momentum and weakening technical indicators. The company’s Mojo Grade was downgraded from Hold to Sell on 17 August 2026, signalling increased caution among investors amid subdued price action and mixed momentum signals."
      },
      {
        "title": "ICE Make Refrigeration Ltd Forms Death Cross Signalling Bearish Trend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-forms-death-cross-signalling-bearish-trend-4200113",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ICEMakeRefriger_dealthcross_4200113.png",
        "date": "2026-09-21 18:00:41",
        "description": "ICE Make Refrigeration Ltd, a micro-cap player in the Industrial Manufacturing sector, has recently formed a Death Cross—a technical pattern where the 50-day moving average crosses below the 200-day moving average. This development signals a potential shift towards a bearish trend, reflecting deteriorating momentum and raising concerns about the stock’s near to medium-term outlook."
      },
      {
        "title": "ICE Make Refrigeration Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/ice-make-refrigeration-ltd-is-rated-sell-4192022",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ICEMakeRefriger_mojoScore_4192022.png",
        "date": "2026-09-13 10:10:18",
        "description": "ICE Make Refrigeration Ltd is rated Sell by MarketsMOJO, with this rating last updated on 17 August 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 13 September 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing."
      },
      {
        "title": "ICE Make Refrigeration Ltd Faces Technical Downshift Amid Market Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-faces-technical-downshift-amid-market-pressure-4185726",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ICEMakeRefriger_technicaldot_4185726.png",
        "date": "2026-09-08 08:08:03",
        "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, RSI, Bollinger Bands, and moving averages reveal a complex picture of price momentum, signalling caution for investors amid a backdrop of declining short-term returns and a recent downgrade in its Mojo Grade to Sell."
      },
      {
        "title": "ICE Make Refrigeration Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/ice-make-refrigeration-ltd-is-rated-sell-4179350",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ICEMakeRefriger_mojoScore_4179350.png",
        "date": "2026-09-02 10:11:11",
        "description": "ICE Make Refrigeration Ltd is rated Sell by MarketsMOJO, with this rating last updated on 17 August 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 02 September 2026, providing investors with the most up-to-date view of the stock’s fundamentals, returns, and technical outlook."
      },
      {
        "title": "ICE Make Refrigeration Ltd Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-technical-momentum-shifts-amid-mixed-market-signals-4178697",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ICEMakeRefriger_technicaldot_4178697.png",
        "date": "2026-09-02 08:08:32",
        "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 bearish stance to a sideways trend. Despite a recent downgrade from Hold to Sell by MarketsMOJO on 17 August 2026, the stock’s technical indicators present a complex picture, reflecting both cautious optimism and persistent bearish undertones."
      },
      {
        "title": "ICE Make Refrigeration Ltd Valuation Shifts Signal Elevated Price Risk",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-valuation-shifts-signal-elevated-price-risk-4172680",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/ICEMakeRefriger_valuationdot_4172680.png",
        "date": "2026-08-28 08:00:51",
        "description": "ICE Make Refrigeration Ltd, a micro-cap player in the industrial manufacturing sector, has seen its valuation parameters shift markedly, with its price-to-earnings (P/E) and price-to-book value (P/BV) ratios moving from fair to expensive territory. This change reflects growing price pressure and raises questions about the stock’s attractiveness relative to its historical averages and peer group benchmarks."
      },
      {
        "title": "ICE Make Refrigeration Ltd Falls 3.98%: Technical and Valuation Shifts Mark a Cautious Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-falls-398-technical-and-valuation-shifts-mark-a-cautious-week-4165126",
        "imagepath": "",
        "date": "2026-08-22 12:04:52",
        "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>17 Aug:</strong> Sharp 3.88% drop amid technical downshift</p>\n                    <p><strong>18 Aug:</strong> Valuation shifts from expensive to fair; Mojo Grade downgraded to Sell</p>\n                    <p><strong>20 Aug:</strong> Minor price correction despite Sensex rebound</p>\n                    <p><strong>21 Aug:</strong> Week closes at Rs.721.70, down 3.98% 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.751.65</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.7..."
      }
    ],
    "total": 196,
    "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": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "ICE Make Refrigeration Ltd has declared <strong>22%</strong> dividend, ex-date: 23 Sep 26",
          "dt": "2026-09-23",
          "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": []
    }
  ]
}

News and Views

ICE Make Refrigeration Ltd is Rated Sell

2026-09-24 10:10:04

ICE Make Refrigeration Ltd is rated Sell by MarketsMOJO. This rating was last updated on 17 August 2026. However, all fundamentals, returns, and financial metrics discussed below reflect the stock’s current position as of 24 September 2026, providing investors with the most up-to-date analysis.

Read full news article

ICE Make Refrigeration Ltd Faces Bearish Momentum Amid Technical Downgrade

2026-09-22 08:07:13

ICE Make Refrigeration Ltd, a micro-cap player in the industrial manufacturing sector, has seen its technical outlook deteriorate from mildly bearish to outright bearish, reflecting a shift in price momentum and weakening technical indicators. The company’s Mojo Grade was downgraded from Hold to Sell on 17 August 2026, signalling increased caution among investors amid subdued price action and mixed momentum signals.

Read full news article

ICE Make Refrigeration Ltd Forms Death Cross Signalling Bearish Trend

2026-09-21 18:00:41

ICE Make Refrigeration Ltd, a micro-cap player in the Industrial Manufacturing sector, has recently formed a Death Cross—a technical pattern where the 50-day moving average crosses below the 200-day moving average. This development signals a potential shift towards a bearish trend, reflecting deteriorating momentum and raising concerns about the stock’s near to medium-term outlook.

Read full news article

ICE Make Refrigeration Ltd is Rated Sell

2026-09-13 10:10:18

ICE Make Refrigeration Ltd is rated Sell by MarketsMOJO, with this rating last updated on 17 August 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 13 September 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing.

Read full news article

ICE Make Refrigeration Ltd Faces Technical Downshift Amid Market Pressure

2026-09-08 08:08:03

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, RSI, Bollinger Bands, and moving averages reveal a complex picture of price momentum, signalling caution for investors amid a backdrop of declining short-term returns and a recent downgrade in its Mojo Grade to Sell.

Read full news article

ICE Make Refrigeration Ltd is Rated Sell

2026-09-02 10:11:11

ICE Make Refrigeration Ltd is rated Sell by MarketsMOJO, with this rating last updated on 17 August 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 02 September 2026, providing investors with the most up-to-date view of the stock’s fundamentals, returns, and technical outlook.

Read full news article

ICE Make Refrigeration Ltd Technical Momentum Shifts Amid Mixed Market Signals

2026-09-02 08:08:32

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 bearish stance to a sideways trend. Despite a recent downgrade from Hold to Sell by MarketsMOJO on 17 August 2026, the stock’s technical indicators present a complex picture, reflecting both cautious optimism and persistent bearish undertones.

Read full news article

ICE Make Refrigeration Ltd Valuation Shifts Signal Elevated Price Risk

2026-08-28 08:00:51

ICE Make Refrigeration Ltd, a micro-cap player in the industrial manufacturing sector, has seen its valuation parameters shift markedly, with its price-to-earnings (P/E) and price-to-book value (P/BV) ratios moving from fair to expensive territory. This change reflects growing price pressure and raises questions about the stock’s attractiveness relative to its historical averages and peer group benchmarks.