Chashma Sugar Mills Limited (CHAS)
SUGAR & ALLIED INDUSTRIES
83.92
-0.05 (-0.06%)
Updated 19 hours ago
52-week range
Yes, CHAS is Shariah compliant. Chashma Sugar Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 83.92 PKR, down +0.06% on the day, in the SUGAR & ALLIED INDUSTRIES sector.
AI analysis
WatchRefreshed 5 days agoCHAS trades sideways, positioned below 50‑day but above 200‑day average
Chashma Sugar Mills Limited is a key player in Pakistan’s sugar sector, operating large‑scale mills and supplying processed sugar to domestic and export markets. The stock is currently trading in a sideways range, sitting below its 50‑day moving average yet comfortably above its 200‑day average, indicating a neutral short‑term outlook.
Bull case
If the company can sustain or improve its production efficiency and benefit from supportive government policies aimed at export growth, the stock could break out of its current range and move higher. A rebound in commodity prices or favorable exchange rates could also lift the share price.
Bear case
The share remains exposed to commodity price volatility and regulatory changes that could affect sugar tariffs. A continued decline in domestic demand or a prolonged downturn in the broader market could keep the stock in its current consolidation phase.
Today
| Open | 81.55 |
|---|---|
| Day high | 83.98 |
| Day low | 81.54 |
| Previous close | 83.97 |
| Volume | 1.7K |
| 30-day average volume | 5.5K |
Technicals
| RSI (14) | 51.9 |
|---|---|
| 20-day average | 82.17 |
| 50-day average | 84.35 |
| 200-day average | 80.20 |
| Support | 83.49 |
| Resistance | 84.37 |
| Daily volatility | 3.1% |
Trend: Sideways
What these numbers meanPerformance
| 1 week | -0.50% |
|---|---|
| 1 month | +5.10% |
| 3 months | -22.80% |
| 1 year | +22.50% |
Is CHAS Shariah compliant?
Chashma Sugar 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 SUGAR & ALLIED INDUSTRIES 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.