Mughal Iron and Steel Industries Limited Experiences Notable Price Movements
Mughal Iron and Steel Industries Limited, a Pakistani company, witnessed significant price fluctuations in its stock on September 16, 2025, as reported by the Pakistan Stock Exchange. The company's ready settlement type in the regular market recorded a wide price range, with the last day close price standing at 85.38. Meanwhile, the futures market showed varying prices for different months, reflecting investor sentiment and market conditions.
Key Takeaways:
- The regular market category (REG) for Mughal's ready settlement type recorded an order reject upper price of 93.92 and a lower price of 76.84, with a last day close price of 85.38.
- The November futures (FUT) showed an order reject upper price of 96.79 and a lower price of 79.19, with a last day close price of 87.99.
- The October futures recorded an upper price of 95.69, and a lower price of 78.29, with a last day close price of 86.99.
- The September futures reflected a different price trend with an upper price of 94.31 and a lower price of 77.17, concluding with a last day close price of 85.74.
- The square-off market category (SQR) echoed the regular market figures with an upper price of 98.19 and a lower price of 72.57, maintaining a last day close price of 85.38.
- The fluctuations in stock prices indicate the dynamic nature of the market, reflecting investor sentiment and market conditions.
- The company's stock prices are influenced by various market and investor factors, which can impact the overall performance of the company.
Statistics:
- Upper price of the regular market category (REG) for Mughal's ready settlement type on September 16, 2025: 93.92
- Lower price of the regular market category (REG) for Mughal's ready settlement type on September 16, 2025: 76.84
- Last day close price of the regular market category (REG) for Mughal's ready settlement type on September 16, 2025: 85.38
- Order reject upper price of the November futures (FUT): 96.79
- Order reject lower price of the November futures (FUT): 79.19
- Last day close price of the November futures (FUT): 87.99
- Upper price of the October futures: 95.69
- Lower price of the October futures: 78.29
- Last day close price of the October futures: 86.99
- Upper price of the September futures: 94.31
- Lower price of the September futures: 77.17
- Last day close price of the September futures: 85.74
- Upper price of the square-off market category (SQR): 98.19
- Lower price of the square-off market category (SQR): 72.57
- Last day close price of the square-off market category (SQR): 85.38
Sources:
- Pakistan Stock Exchange, Report on Mughal Iron and Steel Industries Limited, September 16, 2025.
- Pakistan Stock Exchange, Market Data, September 16, 2025.