Mirpurkhas Sugar Mills Limited (MIRKS)
SUGAR & ALLIED INDUSTRIES
30.91
0.33 (+1.08%)
Updated 20 hours ago
52-week range
Yes, MIRKS is Shariah compliant. Mirpurkhas Sugar Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 30.91 PKR, up +1.08% on the day, in the SUGAR & ALLIED INDUSTRIES sector.
AI analysis
CautionRefreshed yesterdayMirpurkhas Sugar Mills faces sustained downtrend amid sector pressure
Mirpurkhas Sugar Mills Limited operates in the sugar and allied industries, converting raw sugarcane into refined sugar. The shares are trading in a strong downtrend, below both the 50‑ and 200‑day moving averages, and sit roughly in the lower half of their 52‑week range.
Bull case
A turnaround would require a lift in domestic sugar prices, improved cost efficiency, and supportive export‑driven growth in Pakistan’s economy, which could lift demand for refined sugar.
Bear case
Continued weakness in the sugar market, rising input costs, and broader macro‑economic headwinds could keep the stock in a prolonged downtrend, limiting upside potential.
Today
| Open | 31.45 |
|---|---|
| Day high | 31.55 |
| Day low | 30.90 |
| Previous close | 30.58 |
| Volume | 17.7K |
| 30-day average volume | 18.6K |
Technicals
| RSI (14) | 45.7 |
|---|---|
| 20-day average | 31.39 |
| 50-day average | 32.15 |
| 200-day average | 32.18 |
| Support | 30.71 |
| Resistance | 31.26 |
| Daily volatility | 2.1% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | +2.00% |
|---|---|
| 1 month | +0.70% |
| 3 months | -11.60% |
| 1 year | -22.40% |
Is MIRKS Shariah compliant?
Mirpurkhas Sugar 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.
Other SUGAR & ALLIED INDUSTRIES stocks
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.