Emco Industries Limited (EMCO)
CABLE & ELECTRICAL GOODS
40.72
3.70 (+10.00%)
Updated 6 hours ago
52-week range
Yes, EMCO is Shariah compliant. Emco Industries Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 40.72 PKR, up +10.00% on the day, in the CABLE & ELECTRICAL GOODS sector.
AI analysis
WatchRefreshed 3 days agoEMCO faces steep technical decline amid broader market rally
Emco Industries Limited, a Shariah‑compliant cable and electrical goods producer, is trading well below its 50‑ and 200‑day averages and near the bottom of its 52‑week range. The stock has been on a strong downtrend, with a low RSI suggesting potential oversold conditions.
Bull case
A reversal could materialize if the company benefits from the broader export‑driven growth narrative and structural reforms that are boosting the Pakistani economy. Support near the 52‑week low and a possible breakout above the 200‑day average could signal a turnaround.
Bear case
Continued weakness in the sector, coupled with the stock’s persistent downtrend and low relative strength, could keep the price trapped below key moving averages. A lack of earnings improvement or macro‑economic slowdown would reinforce the downside bias.
Today
| Open | 37.80 |
|---|---|
| Day high | 40.72 |
| Day low | 37.20 |
| Previous close | 37.02 |
| Volume | 2.1M |
| 30-day average volume | 270.3K |
Technicals
| RSI (14) | 61.4 |
|---|---|
| 20-day average | 34.01 |
| 50-day average | 41.59 |
| 200-day average | 46.96 |
| Support | 40.33 |
| Resistance | 40.96 |
| Daily volatility | 5.1% |
Trend: Sideways
What these numbers meanPerformance
| 1 week | +32.50% |
|---|---|
| 1 month | +5.40% |
| 3 months | -23.90% |
| 1 year | -23.10% |
Upcoming
- AGM on 2026-10-26
Is EMCO Shariah compliant?
Emco Industries 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 CABLE & ELECTRICAL GOODS 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.