Gul Ahmed Textile Mills Limited (GATM)
TEXTILE COMPOSITE
19.98
-0.02 (-0.10%)
Updated 2 days ago
52-week range
Yes, GATM is Shariah compliant. Gul Ahmed Textile Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 19.98 PKR, down +0.10% on the day, in the TEXTILE COMPOSITE sector.
AI analysis
WatchRefreshed 3 days agoGul Ahmed Textile Mills in a downtrend, RSI near oversold
The company, a leading textile producer, is trading below both its 50‑ and 200‑day averages and has fallen 45% YTD. Technical signals point to a strong downtrend, though the RSI suggests potential bottoming.
Bull case
If Pakistan’s export‑driven growth materialises and textile demand rises, the firm could see improved sales and margins, potentially lifting the stock.
Bear case
Persisting weak demand, rising input costs, and macro‑economic uncertainty could prolong the decline, keeping the stock near the lower end of its 52‑week range.
Today
| Open | 20.26 |
|---|---|
| Day high | 20.30 |
| Day low | 19.92 |
| Previous close | 20.00 |
| Volume | 224.4K |
| 30-day average volume | 562.8K |
Technicals
| RSI (14) | 29.9 |
|---|---|
| 20-day average | 20.78 |
| 50-day average | 22.86 |
| 200-day average | 24.69 |
| Support | 19.87 |
| Resistance | 20.10 |
| Daily volatility | 2.3% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | -0.90% |
|---|---|
| 1 month | -7.20% |
| 3 months | -26.10% |
| 1 year | -41.50% |
Is GATM Shariah compliant?
Gul Ahmed 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.