Safe Mix Concrete Limited (SMCPL)
CEMENT
39.28
-0.33 (-0.83%)
Updated 2 days ago
52-week range
Yes, SMCPL is Shariah compliant. Safe Mix Concrete Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 39.28 PKR, down +0.83% on the day, in the CEMENT sector.
AI analysis
WatchRefreshed 2 days agoSafe Mix Concrete faces continued downtrend amid weak market sentiment
Safe Mix Concrete Limited supplies ready‑mix concrete across Pakistan. The shares trade below both the 50‑ and 200‑day moving averages and are positioned near the lower end of the 52‑week range, reflecting a sustained downtrend.
Bull case
A reversal could materialize if the firm secures new large‑scale contracts or benefits from a broader recovery in the construction sector, lifting demand for ready‑mix concrete. Increased trading volume and a shift above the 50‑day average would signal a potential turnaround.
Bear case
The current weak trend, coupled with low average volume and a price that remains below key moving averages, suggests continued downside pressure. Macro‑economic uncertainty and sector‑specific headwinds could further dampen investor sentiment.
Today
| Open | 39.86 |
|---|---|
| Day high | 39.95 |
| Day low | 39.11 |
| Previous close | 39.61 |
| Volume | 70K |
| 30-day average volume | 43.7K |
Technicals
| RSI (14) | 42.7 |
|---|---|
| 20-day average | 40.12 |
| 50-day average | 40.35 |
| 200-day average | 42.60 |
| Support | 38.90 |
| Resistance | 39.51 |
| Daily volatility | 1.6% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | -2.20% |
|---|---|
| 1 month | -1.80% |
| 3 months | -7.50% |
| 1 year | -0.30% |
Upcoming
- payout 30%(F) (D), book closure 2026-10-20
- payout 30%(F) (D), book closure 2026-10-20
- AGM on 2026-10-27
Is SMCPL Shariah compliant?
Safe Mix Concrete 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.