Beco Steel Limited (BECO)
ENGINEERING
4.29
0.05 (+1.18%)
Updated 16 hours ago
52-week range
Yes, BECO is Shariah compliant. Beco Steel Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 4.29 PKR, up +1.18% on the day, in the ENGINEERING sector.
AI analysis
CautionRefreshed 2 days agoBeco Steel faces continued downside pressure amid weak trend
Beco Steel Limited, a key player in the engineering sector, is trading below its 50‑ and 200‑day averages with a strong downtrend. The stock remains near the lower end of its 52‑week range and shows modest volume.
Bull case
If the company can reverse its declining trend, lift RSI into neutral territory and regain support near the 50‑day average, the stock could find a new base. Positive macro developments and export‑driven growth could further support the share price.
Bear case
Ongoing downside momentum, low RSI and position near the bottom of the 52‑week range expose the stock to continued weakness. A lack of earnings improvement or adverse market sentiment could push the share further below key moving averages.
Today
| Open | 4.24 |
|---|---|
| Day high | 4.37 |
| Day low | 4.20 |
| Previous close | 4.24 |
| Volume | 2.4M |
| 30-day average volume | 4.6M |
Technicals
| RSI (14) | 41.8 |
|---|---|
| 20-day average | 4.34 |
| 50-day average | 4.63 |
| 200-day average | 5.21 |
| Support | 4.26 |
| Resistance | 4.32 |
| Daily volatility | 1.3% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | +0.70% |
|---|---|
| 1 month | -3.20% |
| 3 months | -17.50% |
| 1 year | -29.80% |
Upcoming
- AGM on 2026-10-28
Is BECO Shariah compliant?
Beco Steel 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.