Saritow Spinning Mills Limited (SSML)
TEXTILE SPINNING
17.93
-0.47 (-2.55%)
Updated yesterday
52-week range
Yes, SSML is Shariah compliant. Saritow Spinning Mills Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 17.93 PKR, down +2.55% on the day, in the TEXTILE SPINNING sector.
AI analysis
WatchRefreshed 12 hours agoSSML Faces Downtrend Amid Market Optimism, Shariah‑Compliant Status
Saritow Spinning Mills Limited, a textile spinning company, trades below its 50‑ and 200‑day moving averages and is in a strong downtrend. The stock is currently near the lower end of its 52‑week range, reflecting modest volume and moderate volatility.
Bull case
A reversal in the downtrend, supported by a rise above the 50‑day average and improved liquidity, could lift the stock. Positive macro‑policy signals for export‑driven growth may also benefit the textile sector.
Bear case
Continued weakness in the broader market and persistent below‑average price levels increase downside risk. Limited trading volume and a low position in the 52‑week range suggest limited upside potential.
Today
| Open | 19.39 |
|---|---|
| Day high | 19.39 |
| Day low | 17.51 |
| Previous close | 18.40 |
| Volume | 2.6K |
| 30-day average volume | 17.1K |
Technicals
| RSI (14) | 40.9 |
|---|---|
| 20-day average | 18.36 |
| 50-day average | 20.64 |
| 200-day average | 24.83 |
| Support | 17.78 |
| Resistance | 18.13 |
| Daily volatility | 3.3% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | +0.80% |
|---|---|
| 1 month | -5.10% |
| 3 months | -21.50% |
| 1 year | +12.30% |
Upcoming
- AGM on 2026-10-28
Is SSML Shariah compliant?
Saritow Spinning 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.