ICEMAKE
ICEMAKE
Each stock's 10,000-path forecast, rendered as light.
ICEMAKE (ICEMAKE) Stock Analysis & Case Study
Is ICEMAKE a good buy? The data-driven verdict.
ICEMAKE (ICEMAKE) trades at ₹774,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 27/100.
On the numbers, ICEMAKE (ICEMAKE) high-risk on the numbers, a Downstox Snapshot Score of 27/100, weighing expensive at 100.0× earnings, ROE of 9.5%, a 33% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027–2031.
Last updated . Data snapshot for research, not investment advice.
ICEMAKE fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
Is ICEMAKE overvalued? ICEMAKE P/E vs its sector
ICEMAKE's P/E of 100.0× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.29% dividend yield is below the peer median of 1.65%.
ICEMAKE share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of ICEMAKE history (-10%/yr drift, 44%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| ICEMAKE 2027 | ₹349 | ₹620 | ₹1,090 | -18% |
| ICEMAKE 2028 | ₹226 | ₹508 | ₹1,137 | -32% |
| ICEMAKE 2029 | ₹153 | ₹423 | ₹1,119 | -44% |
| ICEMAKE 2030 | ₹109 | ₹344 | ₹1,092 | -54% |
| ICEMAKE 2031 | ₹78 | ₹282 | ₹998 | -62% |
Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability ICEMAKE goes up, or doubles?
The bull case for ICEMAKE
- ICEMAKE is part of the nifty500 universe with live, tracked fundamentals on Downstox.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,119.
The bear case & risks
- A rich 100.0× P/E leaves a thin margin of safety if growth slows.
- A steep 9.2× price-to-book means most of the value is intangible/expectations, not assets on the books.
- Return on equity is a soft 9.5%, capital efficiency trails higher-quality peers.
- The probability model is cautious 12 months out, only a 33% chance of finishing above today's price.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹153.
ICEMAKE volatility & expected range, how bumpy is the ride?
Over the last 2.0 years ICEMAKE compounded at -10%/year with annualized volatility of 44%. That volatility implies a 1-year 80% range of ₹349–₹1,090, the honest backbone behind any single price target.
ICEMAKE price forecast, the full 60-month probability fan
ICEMAKE price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds ICEMAKE hits common targets within the simulated horizon?
Full multi-horizon detail on the ICEMAKE price target & forecast page.
ICEMAKE Piotroski F-Score: 4/9, how financially strong is it?
The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. ICEMAKE scores 4/9,mixed financial health.
ICEMAKE MTF margin & leverage, Upstox, Zerodha, Groww, Dhan
Margin Trading Facility lets you buy ICEMAKE with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| ZerodhaCHEAPEST | 34.5% | 2.9× |
| Dhan | 50.0% | 2.0× |
Compare every broker on the ICEMAKE MTF page.
ICEMAKE vs peers,sector comparison
About ICEMAKE: sector, index & market-cap context
ICEMAKE (ICEMAKE) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index group, with a market capitalisation of ₹1,221 Cr. See more Nifty 500 stocks.
How the ICEMAKE Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of ICEMAKE's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
ICEMAKE analysis, FAQs
Is ICEMAKE (ICEMAKE) a good buy?
On the numbers, ICEMAKE (ICEMAKE) high-risk on the numbers, a Downstox Snapshot Score of 27/100, weighing expensive at 100.0× earnings, ROE of 9.5%, a 33% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is ICEMAKE overvalued or undervalued?
ICEMAKE trades at 100.0× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.
What is the ICEMAKE share price target for 2031?
ICEMAKE's probability-weighted 2031 median target is ₹282, with an 80% range of ₹78–₹998 (10,000-path Monte-Carlo).
What is the probability ICEMAKE doubles in 5 years?
The modelled probability of ICEMAKE reaching ₹1,504 (2×) within 5 years is 4%.
What is the bull case for ICEMAKE?
ICEMAKE is part of the nifty500 universe with live, tracked fundamentals on Downstox.
What are the risks in ICEMAKE?
A rich 100.0× P/E leaves a thin margin of safety if growth slows. A steep 9.2× price-to-book means most of the value is intangible/expectations, not assets on the books. Return on equity is a soft 9.5%, capital efficiency trails higher-quality peers.