Pak Elektron Limited (PAEL)
CABLE & ELECTRICAL GOODS
33.77
0.04 (+0.12%)
Updated 2 days ago
52-week range
Yes, PAEL is Shariah compliant. Pak Elektron Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 33.77 PKR, up +0.12% on the day, in the CABLE & ELECTRICAL GOODS sector.
AI analysis
CautionRefreshed 4 days agoPAEL in steep technical pullback amid export growth focus
Pak Elektron Limited, a cable and electrical goods producer, is trading well below its 50‑ and 200‑day averages and has slipped 39% YTD. The stock sits near the bottom of its 52‑week range, reflecting a prolonged downtrend.
Bull case
A rebound could materialise if Pakistan’s export‑driven growth and infrastructure spending lift demand for electrical goods, and if the company can improve its operational efficiency and cost structure.
Bear case
The current weak momentum, low RSI and sustained downside trend expose the stock to further declines, especially if macro‑economic pressures or sectoral headwinds persist.
Today
| Open | 33.80 |
|---|---|
| Day high | 33.95 |
| Day low | 33.60 |
| Previous close | 33.73 |
| Volume | 1.1M |
| 30-day average volume | 2.7M |
Technicals
| RSI (14) | 36.3 |
|---|---|
| 20-day average | 34.80 |
| 50-day average | 37.69 |
| 200-day average | 43.37 |
| Support | 33.59 |
| Resistance | 33.96 |
| Daily volatility | 1.7% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | -0.60% |
|---|---|
| 1 month | -5.30% |
| 3 months | -19.30% |
| 1 year | -35.50% |
Is PAEL Shariah compliant?
Pak Elektron 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 CABLE & ELECTRICAL GOODS 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.