Nazir Cotton Mills Limited (NCML)
TEXTILE SPINNING
16.26
0.61 (+3.90%)
Updated 11 hours ago
52-week range
Yes, NCML is Shariah compliant. Nazir Cotton Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 16.26 PKR, up +3.90% on the day, in the TEXTILE SPINNING sector.
AI analysis
CautionRefreshed 5 days agoNCML: Textile Spinning Shares in Downtrend Amid Export‑Growth Optimism
Nazir Cotton Mills Limited is a textile spinning company listed on the PSX. The shares are trading below the 50‑day moving average while remaining above the 200‑day average, reflecting a short‑term downtrend but a longer‑term bullish bias.
Bull case
If export‑driven growth materialises and the company can sustain its production capacity, the shares may find support near the 200‑day average and resume an upward trajectory. A rebound in domestic demand and favourable policy support could lift the stock above the 50‑day average, improving momentum.
Bear case
The current downtrend and modest RSI suggest limited upside, while a slowdown in export activity or supply chain disruptions could push the price further below the 50‑day average. Additionally, the upcoming AGM may bring uncertainty if shareholders demand changes in strategy.
Today
| Open | 16.35 |
|---|---|
| Day high | 16.35 |
| Day low | 15.15 |
| Previous close | 15.65 |
| Volume | 9.1K |
| 30-day average volume | 13K |
Technicals
| RSI (14) | 51.9 |
|---|---|
| 20-day average | 16.10 |
| 50-day average | 16.37 |
| 200-day average | 15.21 |
| Support | 16.13 |
| Resistance | 16.37 |
| Daily volatility | 3.2% |
Trend: Sideways
What these numbers meanPerformance
| 1 week | +4.50% |
|---|---|
| 1 month | -0.50% |
| 3 months | +8.50% |
| 1 year | +20.30% |
Upcoming
- AGM on 2026-10-28
Is NCML Shariah compliant?
Nazir Cotton 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.