Gadoon Textile Mills Limited (GADT)
TEXTILE SPINNING
288.13
1.19 (+0.42%)
Updated 18 hours ago
52-week range
Yes, GADT is Shariah compliant. Gadoon Textile Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 288.13 PKR, up +0.42% on the day, in the TEXTILE SPINNING sector.
AI analysis
WatchRefreshed 4 days agoGadoon Textile Mills faces bearish trend amid broader export‑growth optimism
Gadoon Textile Mills Limited is a textile spinning company listed on the PSX. The share has been sliding, trading below both its 50‑ and 200‑day moving averages and showing a strong downtrend over the past year.
Bull case
If export‑driven growth materialises and the company can improve operational efficiency, the stock may find support near its 200‑day average and potentially reverse the current downtrend. A rebound in commodity prices or a favorable policy shift could also lift sentiment.
Bear case
Persisting weak fundamentals, continued price decline below key moving averages, and lack of upcoming catalysts increase the risk of further downside.
Today
| Open | 286.00 |
|---|---|
| Day high | 294.98 |
| Day low | 283.10 |
| Previous close | 286.94 |
| Volume | 7.8K |
| 30-day average volume | 8.9K |
Technicals
| RSI (14) | 40.5 |
|---|---|
| 20-day average | 292.33 |
| 50-day average | 308.71 |
| 200-day average | 297.65 |
| Support | 286.64 |
| Resistance | 289.95 |
| Daily volatility | 1.1% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | +1.20% |
|---|---|
| 1 month | -4.30% |
| 3 months | +1.80% |
| 1 year | -18.80% |
Is GADT Shariah compliant?
Gadoon Textile 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.
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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.