Aisha Steel Mills Limited (ASL)
ENGINEERING
15.09
-0.18 (-1.18%)
Updated 2 days ago
52-week range
Yes, ASL is Shariah compliant. Aisha Steel Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 15.09 PKR, down +1.18% on the day, in the ENGINEERING sector.
AI analysis
WatchRefreshed 4 days agoASL trades below 50‑day MA amid downtrend, poised for potential rebound.
Aisha Steel Mills Limited, a Shariah‑compliant engineering firm, is trading below its 50‑day moving average while remaining above the 200‑day average. The share price has slipped 7% in the past month but has rebounded strongly over the last three months, positioning it near the upper end of its 52‑week range.
Bull case
A sustained uptick in steel demand, improved earnings visibility, and supportive macro‑policy could lift the stock above its 50‑day average and generate momentum. Positive outcomes from the upcoming AGM and potential cost‑control measures would further strengthen the case.
Bear case
Persistent downtrend pressure, weak domestic demand, and rising input costs pose risks. Volatility and uncertainty around AGM decisions could keep the share below key support levels.
Today
| Open | 15.30 |
|---|---|
| Day high | 15.40 |
| Day low | 14.95 |
| Previous close | 15.27 |
| Volume | 1.2M |
| 30-day average volume | 6.4M |
Technicals
| RSI (14) | 40.7 |
|---|---|
| 20-day average | 16.07 |
| 50-day average | 15.64 |
| 200-day average | 13.01 |
| Support | 14.94 |
| Resistance | 15.23 |
| Daily volatility | 2.8% |
Trend: Downtrend
What these numbers meanPerformance
| 1 week | -2.40% |
|---|---|
| 1 month | -11.80% |
| 3 months | +19.40% |
| 1 year | +18.40% |
Upcoming
- AGM on 2026-10-23
Is ASL Shariah compliant?
Aisha Steel 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 ENGINEERING stocks
SmartSarmaya 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.