ICE Make Refrig.

{
  "main_header": {
    "sid": 1002883,
    "name": "ICE Make Refrig.",
    "stock_name": "ICE Make Refrig.",
    "full_name": "ICE Make Refrigeration Ltd",
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    "currency": "INR",
    "cmp": "761.50",
    "chg": "0.00",
    "chgp": "0.00%",
    "dir": 0,
    "prev_price": "761.50",
    "mcapval": "1,212.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "ICEMAKE",
    "ind_name": "Industrial Manufacturing",
    "ind_code": 62,
    "sector_id": 41,
    "indexname": "India SENSEX",
    "isin": "INE520Y01019",
    "curr_date": "Jun 10, 03:30 PM",
    "curr_time": "09:06 AM",
    "last_traded_at": "Jun 10, 03:30 PM IST",
    "bse_nse_vol": 26602,
    "exc_status": "Active",
    "traded_date": "Jun 10, 2026",
    "traded_date_str": "2026 06 10",
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      {
        "title": "ICE Make Refrigeration Ltd Technical Momentum Shifts Amid Mixed Indicator Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-technical-momentum-shifts-amid-mixed-indicator-signals-4043378",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/ICEMakeRefriger_technicaldot_4043378.png",
        "date": "2026-06-10 08:06:10",
        "description": "ICE Make Refrigeration Ltd, a micro-cap player in the industrial manufacturing sector, has recently exhibited a subtle shift in its technical momentum, moving from a sideways trend to a mildly bullish stance. Despite this, the company’s overall technical indicators present a mixed picture, with some signals suggesting caution while others hint at potential upside. This article analyses the latest technical parameters, price momentum, and comparative returns to provide a comprehensive view for investors."
      },
      {
        "title": "ICE Make Refrigeration Ltd Faces Technical Setback Amid Sideways Momentum",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-faces-technical-setback-amid-sideways-momentum-4040219",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/ICEMakeRefriger_technicaldot_4040219.png",
        "date": "2026-06-09 08:04:22",
        "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. This change is underscored by a combination of bearish and neutral signals across key technical indicators, reflecting a complex market environment for the stock as it navigates recent price pressures and sector dynamics."
      },
      {
        "title": "ICE Make Refrigeration Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/ice-make-refrigeration-ltd-is-rated-hold-4037079",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/ICEMakeRefriger_mojoScore_4037079.png",
        "date": "2026-06-06 10:10:33",
        "description": "ICE Make Refrigeration Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 26 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 08 June 2026, providing investors with the most up-to-date view of the company’s fundamentals, returns, and market performance."
      },
      {
        "title": "ICE Make Refrigeration Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/ice-make-refrigeration-ltd-is-rated-hold-4037040",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/ICEMakeRefriger_mojoScore_4037040.png",
        "date": "2026-06-05 10:10:38",
        "description": "ICE Make Refrigeration Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 26 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 08 June 2026, providing investors with an up-to-date perspective on the company’s performance and outlook."
      },
      {
        "title": "ICE Make Refrigeration Q4 FY26: Strong Quarter Masks Underlying Margin Pressures",
        "link": "https://www.marketsmojo.com/news/result-analysis/ice-make-refrigeration-q4-fy26-strong-quarter-masks-underlying-margin-pressures-4031089",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/ICEMakeRefriger_quaterlyResult_4031089.png",
        "date": "2026-06-02 15:18:37",
        "description": "ICE Make Refrigeration Ltd., an Ahmedabad-based industrial refrigeration equipment manufacturer, reported a robust fourth quarter for FY26, with consolidated net profit surging 587.76% quarter-on-quarter to ₹10.11 crores in March 2026. However, the year-on-year comparison reveals a more sobering reality, with profits declining 13.66% from ₹11.71 crores in March 2025, highlighting the volatility inherent in the company's project-driven business model."
      },
      {
        "title": "ICE Make Refrigeration Ltd Technical Momentum Shifts Amid Mixed Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-technical-momentum-shifts-amid-mixed-signals-4029770",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/ICEMakeRefriger_technicaldot_4029770.png",
        "date": "2026-06-02 08:09:33",
        "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 bullish to a mildly bullish stance. Despite a recent decline in share price, the stock’s technical indicators present a complex picture, with mixed signals across weekly and monthly timeframes, prompting a reassessment of its near-term outlook."
      },
      {
        "title": "ICE Make Refrigeration Ltd Reports Flat Quarterly Performance Amid Margin Pressures",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ice-make-refrigeration-ltd-reports-flat-quarterly-performance-amid-margin-pressures-4028993",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/ICEMakeRefriger_fintrenddot_4028993.png",
        "date": "2026-06-02 08:00:24",
        "description": "ICE Make Refrigeration Ltd, a micro-cap player in the industrial manufacturing sector, has reported a flat financial performance for the quarter ended March 2026, signalling a stabilisation after a period of decline. Despite achieving record quarterly net sales and PBDIT, the company faced margin contraction and rising interest costs, which weighed on profitability and investor sentiment."
      },
      {
        "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."
      }
    ],
    "total": 158,
    "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: 19 Sep 25",
          "dt": "2025-09-19",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
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    {
      "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": []
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}

News and Views

ICE Make Refrigeration Ltd Technical Momentum Shifts Amid Mixed Indicator Signals

2026-06-10 08:06:10

ICE Make Refrigeration Ltd, a micro-cap player in the industrial manufacturing sector, has recently exhibited a subtle shift in its technical momentum, moving from a sideways trend to a mildly bullish stance. Despite this, the company’s overall technical indicators present a mixed picture, with some signals suggesting caution while others hint at potential upside. This article analyses the latest technical parameters, price momentum, and comparative returns to provide a comprehensive view for investors.

Read full news article

ICE Make Refrigeration Ltd Faces Technical Setback Amid Sideways Momentum

2026-06-09 08:04:22

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. This change is underscored by a combination of bearish and neutral signals across key technical indicators, reflecting a complex market environment for the stock as it navigates recent price pressures and sector dynamics.

Read full news article

ICE Make Refrigeration Ltd is Rated Hold

2026-06-06 10:10:33

ICE Make Refrigeration Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 26 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 08 June 2026, providing investors with the most up-to-date view of the company’s fundamentals, returns, and market performance.

Read full news article

ICE Make Refrigeration Ltd is Rated Hold

2026-06-05 10:10:38

ICE Make Refrigeration Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 26 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 08 June 2026, providing investors with an up-to-date perspective on the company’s performance and outlook.

Read full news article

ICE Make Refrigeration Q4 FY26: Strong Quarter Masks Underlying Margin Pressures

2026-06-02 15:18:37

ICE Make Refrigeration Ltd., an Ahmedabad-based industrial refrigeration equipment manufacturer, reported a robust fourth quarter for FY26, with consolidated net profit surging 587.76% quarter-on-quarter to ₹10.11 crores in March 2026. However, the year-on-year comparison reveals a more sobering reality, with profits declining 13.66% from ₹11.71 crores in March 2025, highlighting the volatility inherent in the company's project-driven business model.

Read full news article

ICE Make Refrigeration Ltd Technical Momentum Shifts Amid Mixed Signals

2026-06-02 08:09:33

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 bullish to a mildly bullish stance. Despite a recent decline in share price, the stock’s technical indicators present a complex picture, with mixed signals across weekly and monthly timeframes, prompting a reassessment of its near-term outlook.

Read full news article

ICE Make Refrigeration Ltd Reports Flat Quarterly Performance Amid Margin Pressures

2026-06-02 08:00:24

ICE Make Refrigeration Ltd, a micro-cap player in the industrial manufacturing sector, has reported a flat financial performance for the quarter ended March 2026, signalling a stabilisation after a period of decline. Despite achieving record quarterly net sales and PBDIT, the company faced margin contraction and rising interest costs, which weighed on profitability and investor sentiment.

Read full news article

Are ICE Make Refrigeration Ltd latest results good or bad?

2026-05-29 19:50:56

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. The 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...

Read full news article

ICE Make Refrigeration Ltd Sees Bullish Momentum Shift Amid Strong Technical Signals

2026-05-27 08:04:53

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.

Read full news article

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