Crescent Steel & Allied Products Limited (CSAP)
ENGINEERING
89.35
1.14 (+1.29%)
Updated 2 days ago
52-week range
Yes, CSAP is Shariah compliant. Crescent Steel & Allied Products Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 89.35 PKR, up +1.29% on the day, in the ENGINEERING sector.
AI analysis
CautionRefreshed 11 hours agoCSAP trades in a sustained downtrend amid broader market rally
Crescent Steel & Allied Products Limited supplies steel and allied products in Pakistan’s engineering sector. The shares are trading below both the 50‑day and 200‑day moving averages and sit near the lower end of their 52‑week range.
Bull case
A reversal would hinge on a pickup in steel demand, tighter input costs, and macro‑policy support that lifts export‑driven growth, potentially nudging the stock toward the 50‑day average.
Bear case
Persistently weak demand, higher input costs, and limited earnings improvement could keep the shares below key averages, reinforcing the current downtrend.
Today
| Open | 88.25 |
|---|---|
| Day high | 89.55 |
| Day low | 87.99 |
| Previous close | 88.21 |
| Volume | 243.9K |
| 30-day average volume | 129.7K |
Technicals
| RSI (14) | 40.2 |
|---|---|
| 20-day average | 90.53 |
| 50-day average | 95.96 |
| 200-day average | 101.74 |
| Support | 88.60 |
| Resistance | 89.86 |
| Daily volatility | 1.4% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | -0.20% |
|---|---|
| 1 month | -1.10% |
| 3 months | -15.00% |
| 1 year | -6.50% |
Upcoming
- AGM on 2026-10-28
Is CSAP Shariah compliant?
Crescent Steel & Allied Products 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.