Faran Sugar Mills Limited (FRSM)
SUGAR & ALLIED INDUSTRIES
40.57
0.57 (+1.43%)
Updated 20 hours ago
52-week range
Yes, FRSM is Shariah compliant. Faran Sugar Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 40.57 PKR, up +1.43% on the day, in the SUGAR & ALLIED INDUSTRIES sector.
AI analysis
WatchRefreshed yesterdayFRSM Faces Downtrend, Trading Below 50‑Day and 200‑Day Averages
Faran Sugar Mills Limited is a leading sugar producer in Pakistan. The shares are in a strong downtrend, trading below both the 50‑day and 200‑day moving averages, with limited volume and modest volatility.
Bull case
A turnaround in the sugar market, improved domestic demand, or favorable policy support could lift prices and earnings, potentially reversing the downtrend. Strong management execution and cost control would also be essential.
Bear case
Persisting weak sugar prices, high input costs, and continued downward pressure on the stock could deepen the decline. Limited liquidity and a low position in the 52‑week range add to downside risk.
Today
| Open | 40.06 |
|---|---|
| Day high | 41.50 |
| Day low | 40.02 |
| Previous close | 40.00 |
| Volume | 819 |
| 30-day average volume | 3.6K |
Technicals
| RSI (14) | 42.8 |
|---|---|
| 20-day average | 41.21 |
| 50-day average | 41.85 |
| 200-day average | 46.37 |
| Support | 40.04 |
| Resistance | 41.15 |
| Daily volatility | 2% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | +0.10% |
|---|---|
| 1 month | -1.40% |
| 3 months | -17.50% |
| 1 year | -31.20% |
Is FRSM Shariah compliant?
Faran 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.