Skip to content
SmartSarmaya
All stocks

Mughal Energy Limited(GEM) (GEMMEL)

Shariah compliant

POWER GENERATION & DISTRIBUTION

37.25

0.00 (0.00%)

Updated 2 days ago

52-week range

19.5043.21

Yes, GEMMEL is Shariah compliant. Mughal Energy Limited(GEM) is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 37.25 PKR, up 0.00% on the day, in the POWER GENERATION & DISTRIBUTION sector.

AI analysis

HoldRefreshed yesterday

GEMMEL trades in a sideways range, above key moving averages

Mughal Energy Limited operates in Pakistan’s power generation and distribution sector, with the share price currently trading above its 50‑ and 200‑day averages and positioned near the upper end of its 52‑week range. The stock has shown strong multi‑month gains despite a recent one‑month pullback.

Bull case

If the company continues to benefit from sectoral support and broader economic momentum, the share could consolidate its position above the 200‑day average and potentially move into a new uptrend.

Bear case

A reversal in market sentiment or a slowdown in the power sector could trigger a pullback, and the recent one‑month decline indicates some downside risk. Volatility remains moderate, but a sustained move below key averages would be a concern.

Today

GEMMEL trading data for the latest session
Open36.01
Day high40.98
Day low34.50
Previous close37.25
Volume33
30-day average volume1.2K

Technicals

GEMMEL technical indicators
RSI (14)38.3
20-day average40.76
50-day average35.72
200-day average28.33
Support35.71
Resistance39.28
Daily volatility3.3%

Trend: Sideways

What these numbers mean

Performance

GEMMEL price change by period
1 week-9.30%
1 month-13.80%
3 months+65.70%
1 year+77.10%

Upcoming

  • AGM on 2026-10-22

Is GEMMEL Shariah compliant?

Mughal Energy Limited(GEM) 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 POWER GENERATION & DISTRIBUTION stocks

See the Shariah-compliant picks for this sector

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.