Metropolitan Steel Corporation Limited (MSCL)
ENGINEERING
24.45
2.22 (+9.99%)
Updated 2 days ago
52-week range
Yes, MSCL is Shariah compliant. Metropolitan Steel Corporation Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 24.45 PKR, up +9.99% on the day, in the ENGINEERING sector.
AI analysis
WatchRefreshed 5 hours agoMetropolitan Steel Maintains Uptrend Amid Strong Quarterly Gains
Metropolitan Steel Corporation Limited, a key player in Pakistan's engineering sector, continues to trade above its 50‑ and 200‑day moving averages, reflecting a sustained uptrend. The stock has delivered robust returns over the past year, supported by solid volume and moderate volatility.
Bull case
If the company sustains its production growth and benefits from the government's export‑driven growth agenda, the stock could further consolidate its position above the 50‑day average. Continued investor confidence and a favorable macro backdrop may keep the uptrend intact.
Bear case
Overbought RSI levels and a modest 3‑month rally suggest potential short‑term pullback. Any slowdown in the steel market or delays in the upcoming AGM could erode momentum, especially if broader economic reforms stall.
Today
| Open | 22.70 |
|---|---|
| Day high | 24.45 |
| Day low | 22.70 |
| Previous close | 22.23 |
| Volume | 582.2K |
| 30-day average volume | 63.9K |
Technicals
| RSI (14) | 69.5 |
|---|---|
| 20-day average | 20.64 |
| 50-day average | 21.85 |
| 200-day average | 21.61 |
| Support | 24.09 |
| Resistance | 24.65 |
| Daily volatility | 3.9% |
Trend: Uptrend
What these numbers meanPerformance
| 1 week | +31.70% |
|---|---|
| 1 month | +16.00% |
| 3 months | +1.70% |
| 1 year | +79.10% |
Upcoming
- AGM on 2026-10-24
Is MSCL Shariah compliant?
Metropolitan Steel Corporation 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 ENGINEERING 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.