Crescent Cotton Mills Limited (CCM)
TEXTILE SPINNING
41.00
-0.78 (-1.87%)
Updated 2 days ago
52-week range
Yes, CCM is Shariah compliant. Crescent Cotton Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 41.00 PKR, down +1.87% on the day, in the TEXTILE SPINNING sector.
AI analysis
WatchRefreshed yesterdayCCM Faces Continued Downtrend Amid Broader Textile Sector Weakness
Crescent Cotton Mills Limited, a textile spinning company, remains under pressure with its share price trading below both the 50‑ and 200‑day moving averages and positioned near the lower end of its 52‑week range. The stock is experiencing a sustained downtrend, reflected in a moderate RSI and declining monthly and quarterly returns.
Bull case
If the company can secure new export contracts or benefit from the government’s push for export‑driven growth, improved cash flow and a potential turnaround in the textile sector could lift the share price. A rebound in commodity prices or cost‑control measures could also support a shift to a neutral trend.
Bear case
Ongoing sector weakness, continued price pressure below key moving averages, and the lack of recent positive catalysts increase the risk of further downside. The upcoming AGM may not yield decisive actions to reverse the trend, and broader macro‑economic uncertainties could weigh on the company’s performance.
Today
| Open | 41.00 |
|---|---|
| Day high | 41.50 |
| Day low | 38.20 |
| Previous close | 41.78 |
| Volume | 9.1K |
| 30-day average volume | 4.7K |
Technicals
| RSI (14) | 42 |
|---|---|
| 20-day average | 43.13 |
| 50-day average | 45.15 |
| 200-day average | 43.79 |
| Support | 39.47 |
| Resistance | 41.31 |
| Daily volatility | 3.1% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | +3.90% |
|---|---|
| 1 month | -3.60% |
| 3 months | -23.60% |
| 1 year | -28.20% |
Upcoming
- AGM on 2026-10-28
Is CCM Shariah compliant?
Crescent Cotton 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.
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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.