Dadex Eternit Limited (DADX)
ENGINEERING
182.68
-8.37 (-4.38%)
Updated 2 days ago
52-week range
Yes, DADX is Shariah compliant. Dadex Eternit Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 182.68 PKR, down +4.38% on the day, in the ENGINEERING sector.
AI analysis
WatchRefreshed 3 days agoDadex Eternit Sustains Strong Uptrend, Near 52‑Week High
Dadex Eternit Limited, a Shariah‑compliant engineering firm, has been rallying, trading above both its 50‑ and 200‑day averages and approaching the upper end of its 52‑week range. The stock’s recent gains have outpaced the broader market, reflecting investor confidence in the company’s fundamentals.
Bull case
If the company continues to deliver on its engineering projects and the broader Pakistani economy maintains export‑driven momentum, the stock could sustain its upward trajectory. Continued support from institutional investors and a favorable macro environment would reinforce the current trend.
Bear case
The stock’s high relative strength index and position at the top of its 52‑week range signal potential for a pullback. Any slowdown in export growth, tightening of credit conditions, or a shift in market sentiment could trigger a reversal, putting pressure on the price.
Today
| Open | 193.00 |
|---|---|
| Day high | 193.00 |
| Day low | 181.00 |
| Previous close | 191.05 |
| Volume | 10K |
| 30-day average volume | 15.6K |
Technicals
| RSI (14) | 69.6 |
|---|---|
| 20-day average | 147.25 |
| 50-day average | 119.27 |
| 200-day average | 82.34 |
| Support | 176.81 |
| Resistance | 185.85 |
| Daily volatility | 5.9% |
Trend: Strong uptrend
What these numbers meanPerformance
| 1 week | +3.30% |
|---|---|
| 1 month | +77.20% |
| 3 months | +90.90% |
| 1 year | +179.00% |
Upcoming
- AGM on 2026-10-27
Is DADX Shariah compliant?
Dadex Eternit 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.