Ice Make Refrigeration (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
|
Ice Make Refrigeration Limited |
|||
|
Price: ₹776.75 | ||
| 52 Week Low: ₹434.05 52 Week High: ₹983.50 |
|||
| Market Capital: 1,342.17 Crore (Smallcap) | |||
| Industrials -> Specialty Industrial Machinery | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Ice Make Refrigeration Share Price Target For 2024
- 1.1.1: Ice Make Refrigeration Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Ice Make Refrigeration Share Price Target For 2025
- 1.2.1: Ice Make Refrigeration Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Ice Make Refrigeration Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Ice Make Refrigeration Brief Company Overview
- 4: Ice Make Refrigeration Financial Performance
- 4.0.1: Is Ice Make Refrigeration A Good Buy For Long Term?
To predict the Ice Make Refrigeration's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Ice Make Refrigeration Share Price Target For 2024
The line chart displays the monthly closing prices of Ice Make Refrigeration with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Ice Make Refrigeration shares in 2024, see the table below.
Ice Make Refrigeration Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 816.4 (+5.09%) | Price Action: 06 Dec 2024 Low |
| 2024 Target 2 | 808.14 (+4.04%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 797.2 (+2.63%) | Price Action: 27 Nov 2024 High |
| Current Price | 776.75 | Ice Make Refrigeration's share price as of 23 Dec 2024 |
| Stop Loss 1 | 765.0 (-1.52%) | Price Action: 21 Nov 2024 Low |
| Stop Loss 2 | 756.7 (-2.59%) | Price Action: Nov 2024 Low |
| Stop Loss 3 | 747.47 (-3.77%) | Price Action: Sep 2024 High |
Short-Term Technical Outlook
Current Technical Position: Ice Make Refrigeration is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹803.69 serves as the nearest technical reference point.
Historical Returns: 3-month: +11.31% | 6-month: -8.86% | 1-year: +26.55%
Ice Make Refrigeration Share Price Target For 2025
The line chart displays the monthly closing prices of Ice Make Refrigeration with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Ice Make Refrigeration shares in 2025, see the table below.
Ice Make Refrigeration Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1155.77 (+48.79%) | Price Action: Chart |
| 2025 Target 2 | 1134.22 (+46.02%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 1113.49 (+43.35%) | Fibonacci Extension Level 123.60% |
| Current Price | 776.75 | Ice Make Refrigeration's share price as of 23 Dec 2024 |
| Stop Loss 1 | 687.81 (-11.46%) | Price Action: Nov 2023 High |
| Stop Loss 2 | 680.0 (-12.46%) | Price Action: Oct 2024 Low |
| Stop Loss 3 | 664.68 (-14.43%) | Price Action: Aug 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Ice Make Refrigeration is currently trading at 62.4% of its 52-week range (₹434.05 - ₹983.5).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +26.55% | 3-year: +993.45% | 5-year: +1,430.19%
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Ice Make Refrigeration Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹776.75 | ||
| 2024 | ₹812.40 | +4.58% | ₹824.59 |
| 2025 | ₹1,109.40 | +36.55% | ₹1,126.04 |
| 2026 | ₹1,403.80 | +26.53% | ₹1,424.86 |
| 2027 | ₹1,540.95 | +9.76% | ₹1,564.06 |
| 2028 | ₹1,789.10 | +16.1% | ₹1,815.94 |
| 2029 | ₹2,015.67 | +12.66% | ₹2,064.88 |
| 2030 | ₹2,377.06 | +17.92% | ₹2,412.72 |
| 2031 | ₹2,709.46 | +13.98% | ₹2,750.10 |
| 2032 | ₹2,749.38 | +1.47% | ₹2,790.62 |
| 2033 | ₹3,001.91 | +9.18% | ₹3,046.94 |
| 2034 | ₹3,218.93 | +7.22% | ₹3,362.28 |
| 2035 | ₹3,644.71 | +13.22% | ₹3,699.38 |
| 2036 | ₹4,015.11 | +10.16% | ₹4,075.34 |
| 2037 | ₹3,957.82 | -1.42% | ₹4,017.19 |
| 2038 | ₹4,214.72 | +6.49% | ₹4,341.53 |
| 2039 | ₹4,348.25 | +3.16% | ₹4,667.94 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Ice Make Refrigeration Brief Company Overview
Ice Make Refrigeration Limited Established in 1989, Ice Make Refrigeration Limited has become a leading manufacturer of refrigeration products and equipment for India. With a diverse range of offerings under the categories of cold rooms and storage, commercial...
refrigeration, industrial refrigeration, transport refrigeration, and ammonia refrigeration products, Ice Make caters to various industries, including dairy, ice cream, food processing, and pharmaceuticals, among others. The company's commitment to providing customized cooling solutions has earned it a strong reputation in the industry. Its products are marketed under the brand names Ice Make, Bharat, and TransFreez.Ice Make Refrigeration Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,342.17 Crore | Market valuation of Ice Make Refrigeration's shares. |
| Revenue (TTM) | 384.46 Crore | Total revenue generated by Ice Make Refrigeration over the past twelve months. |
| Net Income (TTM) | +24.6 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +6.07% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +6.4% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+7.7% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-30.7% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
26.18 | Company's total debt divided by total shareholder equity. |
| Total Debt | 27.24 Crore | Sum of Ice Make Refrigeration's current & long-term financial obligations. |
| Total Cash | 8.62 Crore | Total amount of liquid funds available to Ice Make Refrigeration. |
| Beta | 0.13 | Beta is less than 1 indicating that the Ice Make Refrigeration's price is less volatile than the market. |
Is Ice Make Refrigeration A Good Buy For Long Term?
Ice Make Refrigeration, a small-cap stock with a market capitalization of ₹1,342.17 crore, presents a mixed outlook. While its 5-year return of 951.83% is impressive, the recent Q1 2024-25 results show a concerning 30.7% decline in earnings year-over-year. A low profit margin of 6.4% and a relatively high debt-to-cash ratio (₹27.24 crore debt vs ₹8.62 crore cash) raise concerns. Although recent short-term returns are positive, the long-term picture requires further analysis. Therefore, it's currently an average buy, requiring closer monitoring of future earnings reports.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
