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6.27 PKR
4.85 B PKR
172.48 B PKR
103.16 M
About GUL AHMED TEXTILE MILLS LTD
Sector
Industry
CEO
Mohammed Zaki Bashir
Website
Headquarters
Karachi
Founded
1953
ISIN
PK0015201012
FIGI
BBG000GMZFW6
Gul Ahmed Textile Mills Ltd. is a holding company, which engages in the manufacture and sale of textile products. It operates through the following segments: Spinning, Weaving, Processing Home Textile and Apparel, and Retail and Distribution. The Spinning segment produces yarn using both natural and artificial fibers. The Weaving segment includes a method of fabric production in which two distinct sets of yarns or threads are interlaced at right angles to form a fabric. The Processing, Home Textile & Apparel segment process fabrics into various types of finished fabrics. The Retail and Distribution encompasses retail sales through the chain of IDEAS retail outlets and its distribution channels. The company was founded on April 1, 1953 and is headquartered in Karachi, Pakistan.
GATM:- CONSOLIDATION MAY CONVERT IN TO BREAKOUTGATM is a prominent player in textile sector. It has been in consolidation since the start of 2024. Now it has formed a triangle. If the price close above the recent high i.e. 21.30 it is expected it shall also break above the triangle. In such scenario the TP shall be 26. SL is at 17.75.
Due dilig
GATMWe can attempt to buy GATM from specified level as 0.5 FIB also intact , also there is no bearish divergence.
SL , TP mention in chart.
GATM is BullishPrice has broken previous lower high and bulls seems to be in control. A bullish rally could be triggered from here, targets are mentioned on the chart.
GATM🚀 Stock Alert: *GATM*
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Entry Range: 20-20.50
🎯 First Targets : 21.50
🎯 Second Targets : 23.00
⚠ Stop Loss: 18.80
⏳ Nature of Trade: Short Term (Scalping)
📉 Risk Level: Medium
☪ Shariah Compliant: NO
💰 Dividend Paying: YES
📰 Technical View: Fo
GATM Flag PatternPossible pull back is expected according to flag pattern observed in 15 minutes time frame. Rejection towards lower channel can be seen in the price. Wait and watch for the pull back for new entry around 21.85. Break out of the flag can pull the price towards 23 level (resistance area). On the flip
GATM is BullishGATM is printing higher highs and higher lows, price has defined a new higher low (as three white soldiers are printed )and is ready for next leg up. Targets and projections from AB = CD are mentioned on the chart.
GATM - LONG- Uptrend
- No divergence on 1D and 4H
Entry: 22.73, 21.61
SL: 20
TP 1: 30% offload @ 25.41
GATM We are Witnessing a Breakout Gul Ahmed Textile Mills Ltd. is a prominent plays in textile sector.
It posted a high price of 21.40 in the last days of May 2023. Afterwards the prices have been declining. From the middle of September it started gaining the momentum.
Start of November witnessed sharp rise in the price and intraday
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of GATM is 20.13 PKR — it has increased by 1.21% in the past 24 hours. Watch GUL AHMED TEXTILE MILLS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange GUL AHMED TEXTILE MILLS LTD stocks are traded under the ticker GATM.
GATM stock has risen by 4.35% compared to the previous week, the month change is a −3.91% fall, over the last year GUL AHMED TEXTILE MILLS LTD has showed a −2.09% decrease.
GATM reached its all-time high on Sep 17, 2021 with the price of 50.67 PKR, and its all-time low was 3.84 PKR and was reached on Jan 8, 2013. View more price dynamics on GATM chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
GATM stock is 2.06% volatile and has beta coefficient of 0.82. Track GUL AHMED TEXTILE MILLS LTD stock price on the chart and check out the list of the most volatile stocks — is GUL AHMED TEXTILE MILLS LTD there?
Today GUL AHMED TEXTILE MILLS LTD has the market capitalization of 12.40 B, it has decreased by −8.90% over the last week.
Yes, you can track GUL AHMED TEXTILE MILLS LTD financials in yearly and quarterly reports right on TradingView.
GUL AHMED TEXTILE MILLS LTD is going to release the next earnings report on Feb 26, 2025. Keep track of upcoming events with our Earnings Calendar.
GATM net income for the last quarter is 334.87 M PKR, while the quarter before that showed 2.58 B PKR of net income which accounts for −87.01% change. Track more GUL AHMED TEXTILE MILLS LTD financial stats to get the full picture.
GUL AHMED TEXTILE MILLS LTD dividend yield was 0.00% in 2024, and payout ratio reached 0.00%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 10, 2024, the company has 18.47 K employees. See our rating of the largest employees — is GUL AHMED TEXTILE MILLS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. GUL AHMED TEXTILE MILLS LTD EBITDA is 15.01 B PKR, and current EBITDA margin is 9.19%. See more stats in GUL AHMED TEXTILE MILLS LTD financial statements.
Like other stocks, GATM shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade GUL AHMED TEXTILE MILLS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So GUL AHMED TEXTILE MILLS LTD technincal analysis shows the buy rating today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating GUL AHMED TEXTILE MILLS LTD stock shows the sell signal. See more of GUL AHMED TEXTILE MILLS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.