Interloop Limited (ILP)
TEXTILE COMPOSITE
94.03
-0.61 (-0.64%)
Updated 2 days ago
52-week range
Yes, ILP is Shariah compliant. Interloop Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 94.03 PKR, down +0.64% on the day, in the TEXTILE COMPOSITE sector.
AI analysis
WatchRefreshed 3 days agoInterloop Limited trades below 50-day MA amid a cautious downtrend
Interloop Limited, a textile composite producer, remains Shariah compliant and is trading below its 50-day moving average while still above the 200-day average. The stock has seen a modest decline over the past month and three months, but has gained significantly over the last year.
Bull case
A reversal of the current downtrend, supported by a breakout above the 50-day average and sustained higher volume, could lift the stock toward its upper 52-week range. Strong export demand and favorable macro-economic reforms could further buoy the textile sector.
Bear case
If the downtrend persists and the price fails to regain the 50-day average, the stock could slide toward its 200-day support and face further downside. Weak trading volume and a lack of new corporate catalysts add to downside risk.
Today
| Open | 95.00 |
|---|---|
| Day high | 95.59 |
| Day low | 93.85 |
| Previous close | 94.64 |
| Volume | 1.3M |
| 30-day average volume | 561.2K |
Technicals
| RSI (14) | 35.9 |
|---|---|
| 20-day average | 96.81 |
| 50-day average | 100.15 |
| 200-day average | 89.89 |
| Support | 94.03 |
| Resistance | 94.64 |
| Daily volatility | 1.4% |
Trend: Downtrend
What these numbers meanPerformance
| 1 week | -0.70% |
|---|---|
| 1 month | -2.90% |
| 3 months | -6.10% |
| 1 year | +38.80% |
Is ILP Shariah compliant?
Interloop 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.