Millat Tractors Limited (MTL)
AUTOMOBILE ASSEMBLER
302.90
2.15 (+0.72%)
Updated 2 days ago
52-week range
Yes, MTL is Shariah compliant. Millat Tractors Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 302.90 PKR, up +0.72% on the day, in the AUTOMOBILE ASSEMBLER sector.
AI analysis
WatchRefreshed 5 hours agoMTL Maintains Uptrend Amid Export‑Driven Momentum
Millat Tractors Limited, a key player in Pakistan's automotive assembly sector, continues to trade above its 50‑ and 200‑day moving averages, reflecting a sustained uptrend. The stock has delivered solid gains over the past year and sits near the upper end of its 52‑week range.
Bull case
If Pakistan's export‑driven growth accelerates and the company secures additional assembly contracts, demand for tractors could rise, supporting higher sales and margins.
Bear case
Currency volatility, tightening credit conditions, and intensifying competition in the automotive sector could pressure margins and slow growth.
Today
| Open | 301.00 |
|---|---|
| Day high | 304.00 |
| Day low | 300.76 |
| Previous close | 300.75 |
| Volume | 194.1K |
| 30-day average volume | 171.5K |
Technicals
| RSI (14) | 58.8 |
|---|---|
| 20-day average | 298.13 |
| 50-day average | 301.14 |
| 200-day average | 280.75 |
| Support | 301.20 |
| Resistance | 304.50 |
| Daily volatility | 0.8% |
Trend: Uptrend
What these numbers meanPerformance
| 1 week | +1.40% |
|---|---|
| 1 month | +1.50% |
| 3 months | +4.30% |
| 1 year | +16.50% |
Upcoming
- AGM on 2026-10-27
Is MTL Shariah compliant?
Millat Tractors 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.