NSI Equity Snapshot

ICEMAKE Weekly Equity Report

Ice Make Refrigeration Limited

Latest Close 775.8 INR 12 Jun 2026
1W Return 3.0% latest completed week
4W Return 1.0% short-term follow-through
12W Return 1.5% quarterly tape
Trend Breadth 30.8% 16 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
Company Brief

What the company does

Ice Make Refrigeration Limited, together with its subsidiaries, manufactures and supplies refrigeration products and equipment under the Ice Make, Bharat, and TransFreez brands in India. The company offers cold storage products, including modular, combi, walk-in, custom-built, and solar cold rooms, as well as blast freezers and chillers, glass door display chillers, ripening chambers, cold room PUF panel and accessories, and cold room refrigeration units; and chest freezers and visi coolers. It also provides commercial refrigeration consisting of dairy processing plant solutions; curd incubation and mortuary chambers; ice cream plants; bulk milk chillers; batch pasteurizers; ageing …

Snapshot

What the weekly tape is saying

ICEMAKE closed the latest completed week at 775.8 INR. The 4-week return is 1.0% and the 12-week return is 1.5%. Trend Signal is active, Market Dynamics is 0.11. Setup signature: Balanced read with a 58/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 0.7%
Volume 0.9x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 48 Persistence of active Trend Signal over the last year and current streak.
Momentum 54 Blend of 4-week and 12-week follow-through.
Dynamics 91 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 73 Relative leadership and short-term RS change.
Volume 40 Participation compared with the 13-week volume baseline.
Risk Control 43 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
770.4 INR
Vs Trend Line
0.7%
Fair Value
701.2 INR
Vs Fair Value
10.6%
52W High
920.0 INR
52W Low
660.3 INR
Drawdown
-15.7%
Range Position
44.5%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W 3.0%
4W 1.0%
12W 1.5%
26W 1.7%
52W -3.0%

Trend read

Active Streak
9 weeks
52W Active Weeks
16
52W Active Breadth
30.8%
Sector Scope
IN Industrials
Sector Rank
92 of 472
Sector Percentile
80.7%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
0.11
4W MD Change
481.8%
Relative Strength
7.16
4W RS Change
17.5%
Expectation
Negative
Probability
44.74%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
203.8K
13W Average
215.4K
52W Average
136.6K
Vs 13W
0.9x
Vs 52W
1.5x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
5.5%
52W Volatility
4.8%
Upside Weeks
21
Downside Weeks
31
Downside Breadth
59.6%
Avg Gain / Loss
4.5% / -2.9%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
NSI
Country
IN
Sector
Industrials
Industry
Specialty Industrial Machinery
Currency
INR
Market Cap
13.2B

Opportunity signals

  • Trend Signal is active with a 9-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Market Dynamics is positive on the latest completed week.

Risk signals

  • No major top-level risk cluster is currently dominant.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 775.8 INR 3.0% 770.4 INR 701.2 INR 0.11 7.16 203.8K On
5 Jun 2026 753.1 INR -9.8% 767.3 INR 698.8 INR 0.10 5.21 323.9K On
29 May 2026 835.2 INR 5.2% 765.7 INR 696.5 INR 0.22 15.67 890.3K On
22 May 2026 793.5 INR 3.3% 761.9 INR 693.4 INR 0.04 9.20 139.3K On
15 May 2026 768.3 INR -3.2% 759.8 INR 690.5 INR 0.02 6.10 87.3K On
8 May 2026 794.0 INR -0.5% 757.4 INR 687.6 INR 0.19 7.00 140.8K On
1 May 2026 797.7 INR 1.5% 755.2 INR 684.7 INR 0.08 8.29 101.0K On
24 Apr 2026 785.7 INR -4.1% 753.5 INR 681.7 INR -0.20 6.78 96.1K On
17 Apr 2026 818.9 INR 4.6% 752.3 INR 678.8 INR -0.36 8.64 155.3K On
10 Apr 2026 783.0 INR 10.4% 750.3 INR 675.8 INR -0.39 4.61 119.7K Off
3 Apr 2026 709.2 INR 1.9% 750.8 INR 672.9 INR -0.10 0.01 140.5K Off
27 Mar 2026 695.8 INR -8.9% 751.5 INR 670.4 INR 0.53 -2.63 182.8K On
20 Mar 2026 764.0 INR -3.1% 752.9 INR 667.6 INR 1.06 5.05 219.4K On
13 Mar 2026 788.7 INR -5.9% 752.1 INR 664.4 INR 1.38 7.88 187.1K On