Mehmood Textile Mills Limited (MEHT)
TEXTILE COMPOSITE
127.60
-1.27 (-0.98%)
Updated yesterday
52-week range
Yes, MEHT is Shariah compliant. Mehmood Textile Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 127.60 PKR, down +0.98% on the day, in the TEXTILE COMPOSITE sector.
AI analysis
CautionRefreshed 2 days agoMehmood Textile Mills faces steep decline amid weak trend
The company, a textile composite producer, remains in a strong downtrend with price below key moving averages and near its 52‑week low. Trading volume is moderate while volatility stays moderate.
Bull case
A turnaround would require a reversal in the downtrend, improved export demand, and a lift in domestic textile prices, potentially pushing the stock above its 50‑day average.
Bear case
Persisting weak demand, continued price pressure, and the lack of upward momentum keep the risk of further decline high, especially with the stock trading near its lowest point.
Today
| Open | 128.87 |
|---|---|
| Day high | 130.01 |
| Day low | 125.10 |
| Previous close | 128.87 |
| Volume | 17K |
| 30-day average volume | 56.3K |
Technicals
| RSI (14) | 33.1 |
|---|---|
| 20-day average | 134.82 |
| 50-day average | 139.12 |
| 200-day average | 220.87 |
| Support | 125.87 |
| Resistance | 128.41 |
| Daily volatility | 2.2% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | -3.70% |
|---|---|
| 1 month | -7.50% |
| 3 months | -34.70% |
| 1 year | -57.60% |
Upcoming
- AGM on 2026-10-28
Is MEHT Shariah compliant?
Mehmood 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.