Oil & Gas Development Company Limited (OGDC)
OIL & GAS EXPLORATION COMPANIES
299.10
-3.15 (-1.04%)
Updated 2 days ago
52-week range
Yes, OGDC is Shariah compliant. Oil & Gas Development Company Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 299.10 PKR, down +1.04% on the day, in the OIL & GAS EXPLORATION COMPANIES sector.
AI analysis
WatchRefreshed 4 days agoOGDC remains in a downtrend amid modest yearly gains
Oil & Gas Development Company Limited, a Shariah‑compliant exploration firm, is trading below both its 50‑ and 200‑day averages and is in a strong downtrend. The stock has posted a modest 12% gain over the past year but has been under pressure in the last month and quarter.
Bull case
A sustained rise in global oil prices, successful new discoveries, or a turnaround in production could lift the company’s fundamentals and support a reversal of the current trend.
Bear case
Ongoing commodity price volatility, continued below‑average trading relative to moving averages, and the lack of recent positive catalysts heighten the risk of further downside.
Today
| Open | 301.25 |
|---|---|
| Day high | 303.00 |
| Day low | 298.01 |
| Previous close | 302.25 |
| Volume | 945K |
| 30-day average volume | 1.9M |
Technicals
| RSI (14) | 33.4 |
|---|---|
| 20-day average | 311.38 |
| 50-day average | 317.48 |
| 200-day average | 310.68 |
| Support | 298.95 |
| Resistance | 302.25 |
| Daily volatility | 1.1% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | -2.30% |
|---|---|
| 1 month | -5.40% |
| 3 months | -5.90% |
| 1 year | +18.30% |
Is OGDC Shariah compliant?
Oil & Gas Development Company 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 OIL & GAS EXPLORATION COMPANIES stocks
See the Shariah-compliant picks for this sectorSmartSarmaya 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.