Sakrand Sugar Mills Limited (SKRS)
SUGAR & ALLIED INDUSTRIES
21.14
-0.58 (-2.67%)
Updated yesterday
52-week range
Yes, SKRS is Shariah compliant. Sakrand Sugar Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 21.14 PKR, down +2.67% on the day, in the SUGAR & ALLIED INDUSTRIES sector.
AI analysis
WatchRefreshed yesterdaySKRS: Downtrend Persists Amid Year‑to‑Date Upside, Shariah‑Compliant
Sakrand Sugar Mills Limited operates within the sugar and allied industries, producing refined sugar and related products. The stock is trading below both its 50‑ and 200‑day moving averages and has maintained a strong downtrend, although it has posted a modest year‑to‑date gain.
Bull case
A rebound in domestic and export sugar demand, coupled with effective cost management and favorable commodity prices, could lift margins and support a turnaround in the share price.
Bear case
Persistent weakness in the sugar market, ongoing commodity price volatility, and competitive pressures may continue to weigh on earnings, keeping the stock in a bearish trajectory.
Today
| Open | 21.72 |
|---|---|
| Day high | 21.98 |
| Day low | 21.01 |
| Previous close | 21.72 |
| Volume | 36.7K |
| 30-day average volume | 28K |
Technicals
| RSI (14) | 32.2 |
|---|---|
| 20-day average | 22.92 |
| 50-day average | 25.64 |
| 200-day average | 26.28 |
| Support | 20.82 |
| Resistance | 21.30 |
| Daily volatility | 2.5% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | -4.10% |
|---|---|
| 1 month | -14.40% |
| 3 months | -22.30% |
| 1 year | +9.80% |
Is SKRS Shariah compliant?
Sakrand Sugar 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.
Other SUGAR & ALLIED INDUSTRIES 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.