Shakarganj Limited (SML)
SUGAR & ALLIED INDUSTRIES
92.66
0.00 (0.00%)
Updated 3 days ago
52-week range
Yes, SML is Shariah compliant. Shakarganj Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 92.66 PKR, up 0.00% on the day, in the SUGAR & ALLIED INDUSTRIES sector.
AI analysis
WatchRefreshed 20 hours agoSML trades below 50‑day average amid sustained downtrend
Shakarganj Limited, a key player in Pakistan’s sugar and allied industries, is currently trading below both its 50‑day and 200‑day moving averages and sits in the lower third of its 52‑week range. The stock has been on a strong downtrend, with moderate volume and a mildly overbought RSI reading of 36.5.
Bull case
A turnaround would require a rebound in domestic sugar prices, improved cost controls, and stronger export demand, supported by broader macro‑economic reforms that lift investor sentiment.
Bear case
Continued weakness in the sugar market, persistent commodity price volatility, and any slowdown in export‑driven growth pose significant risks to the stock’s performance.
Today
| Open | 98.50 |
|---|---|
| Day high | 98.50 |
| Day low | 86.00 |
| Previous close | 92.66 |
| Volume | 202 |
| 30-day average volume | 340 |
Technicals
| RSI (14) | 36.5 |
|---|---|
| 20-day average | 96.20 |
| 50-day average | 98.10 |
| 200-day average | 118.30 |
| Support | 90.51 |
| Resistance | 94.98 |
| Daily volatility | 2.7% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | -5.30% |
|---|---|
| 1 month | -3.20% |
| 3 months | -19.10% |
| 1 year | +38.30% |
Is SML Shariah compliant?
Shakarganj 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.