Sazgar Engineering Works Limited (SAZEW)
AUTOMOBILE ASSEMBLER
1,530.41
-10.97 (-0.71%)
Updated 2 days ago
52-week range
Yes, SAZEW is Shariah compliant. Sazgar Engineering Works Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 1,530.41 PKR, down +0.71% on the day, in the AUTOMOBILE ASSEMBLER sector.
AI analysis
WatchRefreshed 4 days agoSazgar Engineering Faces Downtrend Amid Export‑Growth Optimism
Sazgar Engineering Works Limited, a key player in Pakistan’s automotive assembly sector, is currently trading below both its 50‑ and 200‑day moving averages and has hit the low end of its 52‑week range. The stock has been on a strong downtrend for the past year, with a very low RSI indicating potential oversold conditions.
Bull case
A sustained rebound in the domestic automotive market, driven by export‑led growth and supportive policy reforms, could lift demand for assembly services. If the price finds support near the 50‑day average and volume increases, a reversal may be possible.
Bear case
Continued weakness in the sector, coupled with macro‑economic headwinds and a lack of recent corporate actions, may keep the stock in a downtrend. Low liquidity and a price that remains below key moving averages heighten downside risk.
Today
| Open | 1,545.00 |
|---|---|
| Day high | 1,549.00 |
| Day low | 1,528.01 |
| Previous close | 1,541.38 |
| Volume | 170.8K |
| 30-day average volume | 141.3K |
Technicals
| RSI (14) | 16.2 |
|---|---|
| 20-day average | 1,651.48 |
| 50-day average | 1,762.89 |
| 200-day average | 1,955.62 |
| Support | 1,530.41 |
| Resistance | 1,541.38 |
| Daily volatility | 1% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | -3.30% |
|---|---|
| 1 month | -12.70% |
| 3 months | -22.80% |
| 1 year | -16.50% |
Is SAZEW Shariah compliant?
Sazgar Engineering Works 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.