Redco Textiles Limited (REDCO)
TEXTILE COMPOSITE
28.07
0.79 (+2.90%)
Updated 2 days ago
52-week range
Yes, REDCO is Shariah compliant. Redco Textiles Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 28.07 PKR, up +2.90% on the day, in the TEXTILE COMPOSITE sector.
AI analysis
HoldRefreshed 23 hours agoRedco Textiles trades in sideways range amid moderate volume
Redco Textiles Limited, a textile composite producer, remains in a neutral trend with trading below its 50‑day average yet above the 200‑day average. The stock shows modest year‑to‑date gains but a recent three‑month decline, reflecting a cautious market stance.
Bull case
A sustained rebound in export demand and supportive structural reforms could lift the stock above its 50‑day average, strengthening the long‑term trend and improving liquidity.
Bear case
Continued weakness in the textile sector, potential supply chain disruptions, or a reversal of export momentum could keep the price trapped below the 50‑day average and erode investor confidence.
Today
| Open | 28.00 |
|---|---|
| Day high | 29.95 |
| Day low | 26.90 |
| Previous close | 27.28 |
| Volume | 1K |
| 30-day average volume | 3.4K |
Technicals
| RSI (14) | 50.4 |
|---|---|
| 20-day average | 27.81 |
| 50-day average | 29.08 |
| 200-day average | 27.67 |
| Support | 27.88 |
| Resistance | 28.22 |
| Daily volatility | 3.2% |
Trend: Sideways
What these numbers meanPerformance
| 1 week | +2.30% |
|---|---|
| 1 month | +0.70% |
| 3 months | -11.00% |
| 1 year | +5.80% |
Upcoming
- AGM on 2026-10-28
Is REDCO Shariah compliant?
Redco Textiles 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.