Bata Pakistan Limited (BATA)
LEATHER & TANNERIES
851.24
6.23 (+0.74%)
Updated yesterday
52-week range
Yes, BATA is Shariah compliant. Bata Pakistan Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 851.24 PKR, up +0.74% on the day, in the LEATHER & TANNERIES sector.
AI analysis
WatchRefreshed 14 hours agoBata Pakistan Faces Steady Downtrend Amid Market Volatility
Bata Pakistan Limited, a key player in the leather and tanneries sector, is trading well below its 50‑ and 200‑day moving averages. The share price sits near the lower end of its 52‑week range, reflecting a prolonged decline over the past year.
Bull case
A rebound would require stronger export demand, improved raw material pricing, and a broader market recovery that lifts the stock above its long‑term averages.
Bear case
Persisting weak consumer demand, currency pressure, and limited liquidity could keep the share price trapped at the bottom of its range, sustaining the current downtrend.
Today
| Open | 864.89 |
|---|---|
| Day high | 864.89 |
| Day low | 845.03 |
| Previous close | 845.01 |
| Volume | 592 |
| 30-day average volume | 713 |
Technicals
| RSI (14) | 43.9 |
|---|---|
| 20-day average | 854.39 |
| 50-day average | 872.76 |
| 200-day average | 1,011.50 |
| Support | 846.05 |
| Resistance | 856.14 |
| Daily volatility | 0.7% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | -0.60% |
|---|---|
| 1 month | -0.10% |
| 3 months | -11.30% |
| 1 year | -41.10% |
Is BATA Shariah compliant?
Bata Pakistan 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 LEATHER & TANNERIES 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.