Ashfaq Textile Mills Limited (ASHT)
TEXTILE WEAVING
39.42
-0.17 (-0.43%)
Updated 2 days ago
52-week range
Yes, ASHT is Shariah compliant. Ashfaq Textile Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 39.42 PKR, down +0.43% on the day, in the TEXTILE WEAVING sector.
AI analysis
WatchRefreshed yesterdayAshfaq Textile Mills trades in a downtrend, near mid‑range of 52‑week band
Ashfaq Textile Mills Limited, a Shariah‑compliant textile weaving firm, is currently below its 50‑day moving average yet sits above its 200‑day average, reflecting a moderate pullback within a long‑term uptrend. The stock has delivered solid gains over the past year while maintaining healthy liquidity.
Bull case
If export demand strengthens and the company can sustain its recent growth momentum, the price may find support around the 200‑day average and resume an upward trajectory. Positive macro‑policy signals for export‑driven growth could further lift sentiment.
Bear case
The prevailing downtrend and price below the 50‑day average expose the stock to short‑term selling pressure, especially if export volumes falter or macro‑economic uncertainty intensifies. Volatility and a moderate RSI suggest limited upside in the near term.
Today
| Open | 39.01 |
|---|---|
| Day high | 40.40 |
| Day low | 38.60 |
| Previous close | 39.59 |
| Volume | 6.2K |
| 30-day average volume | 38.1K |
Technicals
| RSI (14) | 47.4 |
|---|---|
| 20-day average | 43.23 |
| 50-day average | 40.40 |
| 200-day average | 31.12 |
| Support | 39.11 |
| Resistance | 39.64 |
| Daily volatility | 6.7% |
Trend: Downtrend
What these numbers meanPerformance
| 1 week | -0.10% |
|---|---|
| 1 month | +21.10% |
| 3 months | +23.20% |
| 1 year | +58.40% |
Upcoming
- AGM on 2026-10-27
Is ASHT Shariah compliant?
Ashfaq Textile Mills Limited is a constituent of the KMI All Shares Islamic Index, the Shariah-screened index published by the Pakistan Stock Exchange. On that basis it passes the exchange's Shariah screen. Index membership is reviewed periodically, and this page reflects the latest published list.
This is a description of index membership, not a religious ruling. Consult a qualified scholar for guidance on your own circumstances. How the screen works.
Other TEXTILE WEAVING stocks
See the Shariah-compliant picks for this sectorSmartSarmaya is an educational research tool, not a licensed financial adviser and not a source of religious rulings. Shariah status reflects membership of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. Always do your own research.