Reliance Weaving Mills Limited (REWM)
TEXTILE COMPOSITE
171.54
0.00 (0.00%)
Updated 2 days ago
52-week range
Yes, REWM is Shariah compliant. Reliance Weaving Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 171.54 PKR, up 0.00% on the day, in the TEXTILE COMPOSITE sector.
AI analysis
WatchRefreshed yesterdayREWM Maintains Uptrend Amid Moderate Volatility
Reliance Weaving Mills Limited, a textile composite producer, trades above its 50‑day average but remains below the 200‑day trend line. The stock has shown solid yearly gains while recent month‑to‑month movement is slightly negative.
Bull case
If the uptrend persists and the price consolidates above the 50‑day average, the stock could continue to benefit from the sector’s export‑driven momentum and supportive macro‑policy backdrop.
Bear case
A pullback below the 200‑day average or a sustained decline in the 3‑month window would expose the stock to downside risk, especially given its moderate volatility and the broader market’s sensitivity to policy changes.
Today
| Open | 157.00 |
|---|---|
| Day high | 167.88 |
| Day low | 156.20 |
| Previous close | 171.54 |
| Volume | 6 |
| 30-day average volume | 242 |
Technicals
| RSI (14) | 55.9 |
|---|---|
| 20-day average | 169.86 |
| 50-day average | 169.48 |
| 200-day average | 174.18 |
| Support | 170.00 |
| Resistance | 172.53 |
| Daily volatility | 1.9% |
Trend: Uptrend
What these numbers meanPerformance
| 1 week | 0.00% |
|---|---|
| 1 month | -1.40% |
| 3 months | -4.70% |
| 1 year | +55.20% |
Upcoming
- AGM on 2026-10-28
Is REWM Shariah compliant?
Reliance Weaving 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.