NML
Strong Sell
Nishat Mills Share Price Today, Live PSX Chart & Forecast (PSX: NML) Nishat Mills Limited
Open
Rs 140.50
High
Rs 141.28
Low
Rs 137.51
Prev close
Rs 140.18
Volume
460,537
Turnover
Rs 63.5M
AI verdict · rule-engine-v2
Strong Sell
58% confidence · Short Term
Our model is bearish on NML. It has called this stock correctly 45% of the time over 151 out-of-sample checks. See what drove this ↓
Target
Rs 133.21
Exp. return
-3.4%
NML share price and analysis
Nishat Mills Limited (NML) last traded at Rs 137.92 on the Pakistan Stock Exchange, where it fell 1.61% on the session of 7 September 2026. Volume was 460,537 shares, a turnover of Rs 63.5 million. Over the past year the share has traded between Rs 120.62 and Rs 205.05, putting the current price in the lower part of that range.
The price sits below both its 20-day (145.31) and 50-day (148.57) moving averages, which is the configuration usually read as a downtrend. The 14-day RSI is 31.9, a neutral reading. ADX at 18.4 indicates a weak or rangebound trend.
The company is capitalised at roughly Rs 48.5 billion and is classified under Textile Composite. It trades on a price-to-earnings ratio of 9.6, meaning the market is paying about Rs 9.6 for every rupee of annual earnings. Earnings per share stand at Rs 17.10. The trailing dividend yield is 0.67%, which is the income a holder receives at the current price before any capital movement. Return on equity is 7.9%. A beta of 0.80 means the share has historically moved less sharply than the wider market.
NML is the 3rd largest of the 33 Textile Composite companies we track by market value. Its price-to-earnings ratio of 9.6 compares with the Textile Composite median of 11.2, a modest discount to its sector. Its trailing dividend yield of 0.67% sits below the 3.07% median for the sector. Sector medians are taken across the companies we hold fundamentals for and move as those are restated.
Our forecasting model currently reads NML as strong sell over a short term horizon, at 58% confidence. Its target price is Rs 133.21, an expected return of -3.4%. The model is computed from the price and indicator history shown on this page. It does not read news, financial statements or management changes, and it is not a recommendation to buy or sell.
This summary is generated from the end-of-day prices and indicators shown on this page and is refreshed after each trading session. It describes the data; it is not a recommendation. See how we collect and check this data and our disclaimer.
NML technical indicators — RSI, MACD & moving averages
Price chart
RSI (14)
MACD (12, 26, 9)
RSI 14
31.9
Stoch %K
3.3
ADX 14
18.4
Williams %R
-96.7
SMA 20
145.31
SMA 50
148.57
MACD
-2.249
ATR 14
1.571
BB Upper
153.34
BB Lower
137.28
Momentum
-5.63
Tech score
19
NML AI forecast & accuracy
rule-engine-v2directional accuracy over 151 backtested 10-day forecasts on this stock's history
- Target
- Rs 133.21
- Stop
- Rs 140.28
- Support
- Rs 137.51
- Resistance
- Rs 154.34
- Exp. return
- -3.42%
- Risk
- 40.77/100
Why
NML shows strongly bearish conditions. Overall score 35/100. Drivers: Price below the 50-day average (downtrend); Histogram negative — momentum fading; Oversold (%K 3); Neutral (32). Suggested action: Strong Sell; trend and momentum favour caution. This is an automated model assessment, not financial advice.
Generated by rule-engine-v2 from the indicators above. It does not read news, filings or management changes — see how this works.
NML fundamentals & valuation ratios
- Market cap
- Rs 48.5B
- P/E
- 9.6
- EPS
- 17.10
- P/B
- 1.6
- Div yield
- 0.67%
- ROE
- 7.9%
- Beta
- 0.80
- Volatility
- 37.7%
NML price history — last 30 sessions
| Date | Open | High | Low | Close | Change | Volume |
|---|---|---|---|---|---|---|
| Mon, 7 Sep 2026 | 140.50 | 141.28 | 137.51 | 137.92 | -1.61% | 460,537 |
| Fri, 4 Sep 2026 | 140.69 | 140.69 | 140.18 | 140.18 | -0.36% | 611,088 |
| Thu, 3 Sep 2026 | 141.16 | 141.16 | 140.69 | 140.69 | -0.33% | 309,310 |
| Wed, 2 Sep 2026 | 143.38 | 143.38 | 141.16 | 141.16 | -1.55% | 1,005,072 |
| Tue, 1 Sep 2026 | 143.86 | 143.86 | 143.38 | 143.38 | -0.33% | 184,979 |
| Mon, 31 Aug 2026 | 143.34 | 143.86 | 143.34 | 143.86 | +0.36% | 987,689 |
| Fri, 28 Aug 2026 | 144.54 | 144.54 | 143.34 | 143.34 | -0.83% | 1,994,544 |
| Thu, 27 Aug 2026 | 144.38 | 144.54 | 144.38 | 144.54 | +0.11% | 883,798 |
| Tue, 25 Aug 2026 | 143.97 | 144.38 | 143.97 | 144.38 | +0.28% | 593,005 |
| Mon, 24 Aug 2026 | 143.55 | 143.97 | 143.55 | 143.97 | +0.29% | 809,643 |
| Fri, 21 Aug 2026 | 143.55 | 143.55 | 143.55 | 143.55 | +0.00% | 478,463 |
| Thu, 20 Aug 2026 | 145.44 | 145.44 | 143.55 | 143.55 | -1.30% | 1,449,272 |
| Wed, 19 Aug 2026 | 146.85 | 146.85 | 145.44 | 145.44 | -0.96% | 1,395,022 |
| Tue, 18 Aug 2026 | 150.09 | 150.09 | 146.85 | 146.85 | -2.16% | 1,209,336 |
| Mon, 17 Aug 2026 | 149.69 | 150.09 | 149.69 | 150.09 | +0.27% | 2,018,793 |
| Thu, 13 Aug 2026 | 149.21 | 149.69 | 149.21 | 149.69 | +0.32% | 3,420,862 |
| Wed, 12 Aug 2026 | 149.38 | 149.38 | 149.21 | 149.21 | -0.11% | 882,958 |
| Tue, 11 Aug 2026 | 151.29 | 151.29 | 149.38 | 149.38 | -1.26% | 1,365,458 |
| Mon, 10 Aug 2026 | 153.79 | 153.79 | 151.29 | 151.29 | -1.63% | 1,715,718 |
| Fri, 7 Aug 2026 | 154.34 | 154.34 | 153.79 | 153.79 | -0.36% | 2,635,192 |
| Thu, 6 Aug 2026 | 147.26 | 154.34 | 147.26 | 154.34 | +4.81% | 6,056,398 |
| Wed, 5 Aug 2026 | 144.38 | 147.26 | 144.38 | 147.26 | +1.99% | 1,069,620 |
| Tue, 4 Aug 2026 | 147.94 | 147.94 | 144.38 | 144.38 | -2.41% | 1,592,595 |
| Mon, 3 Aug 2026 | 146.10 | 147.94 | 146.10 | 147.94 | +1.26% | 1,077,400 |
| Fri, 31 Jul 2026 | 144.61 | 146.10 | 144.61 | 146.10 | +1.03% | 1,527,828 |
| Thu, 30 Jul 2026 | 146.43 | 146.43 | 144.61 | 144.61 | -1.24% | 859,796 |
| Wed, 29 Jul 2026 | 149.93 | 149.93 | 146.43 | 146.43 | -2.33% | 2,064,519 |
| Tue, 28 Jul 2026 | 146.37 | 149.93 | 146.37 | 149.93 | +2.43% | 6,887,409 |
| Mon, 27 Jul 2026 | 140.27 | 146.37 | 140.27 | 146.37 | +4.35% | 2,505,838 |
| Fri, 24 Jul 2026 | 140.29 | 140.29 | 140.27 | 140.27 | -0.01% | 1,946,181 |
All figures in PKR, end of day, sourced from the Pakistan Stock Exchange.
Other Textile Composite stocks
NML is a Textile Composite listing. Compare it against the rest of the sector, or read what actually drives Textile Composite companies on the PSX.
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NML — frequently asked questions
What is NML's share price today?
+
Nishat Mills Limited (NML) last traded at Rs 137.92 on the Pakistan Stock Exchange, down 1.61% on the session of 7 September 2026. The day's range was Rs 137.51 to Rs 141.28 on 460,537 shares. These are end-of-day figures published by the exchange, not a live trading feed.
What is the 52-week high and low for NML on the PSX?
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NML has traded between Rs 120.62 and Rs 205.05 over the past twelve months on the Pakistan Stock Exchange. The range is computed from the end-of-day closes we hold for the stock and is refreshed after every session.
What is NML's current dividend yield?
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NML has a trailing dividend yield of 0.67%, meaning that for every Rs 100 invested at the current price a holder received about Rs 0.67 in dividends over the last twelve months. Yield moves with the share price as well as with the payout, so a rising yield is not automatically a better income stream.
Is NML Shariah-compliant on the PSX?
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Yes. The Pakistan Stock Exchange lists NML in its Shariah-screened KMI-30 and KMI All Share indices, which means the company passed the screening set with Meezan Bank at the last review — the business-activity test plus the financial ratio tests on interest-bearing debt, illiquid assets and non-compliant income. Screening is periodic, so a company can be dropped when a ratio breaks; check the current KMI index membership before relying on it.
Which PSX indices is NML part of?
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NML is a constituent of the KSE All Share, KMI-30, KMI All Share and KSE-100. KSE-100 membership means it is one of the hundred companies the headline PSX benchmark is built from. Index membership is taken from the exchange's own published listing for each session.
Is NML expensive? What are its valuation ratios?
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NML trades on a price-to-earnings ratio of 9.6, so the market is paying about Rs 9.6 for each rupee of annual earnings, earnings per share of Rs 17.10, a price-to-book ratio of 1.58 and a return on equity of 7.9%. Ratios are only meaningful next to the rest of the sector — a low multiple that the whole sector shares is usually a sector problem rather than a bargain, which is why the sector page is linked from this one.
What is the AI forecast for NML?
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Our model currently reads NML as strong sell over a short term horizon, at 58% confidence, with a target price of Rs 133.21. It is computed from this stock's own price and indicator history. It does not read news, financial statements or management changes, its backtested hit rate on this specific stock is published on the page, and it is not investment advice.
Answers are generated from the end-of-day figures on this page and refreshed after each session. See all frequently asked questions or our methodology.
About this data
Prices, volumes and indicators for NML are end-of-day figures collected from the Pakistan Stock Exchange and recomputed after each session — they are not a live trading feed and may lag the market. Forecasts are the output of logistic-v1, an automated logistic-regression model trained on price history alone; it does not read news, filings or management changes, no analyst reviews its output before publication, and its track record is published in full on our model accuracy page.
PSX Expert is an independent analytics publisher. We are not licensed by the SECP as a securities adviser, investment adviser, research analyst or broker-dealer, and nothing on this page is a personal recommendation. Past performance and back-tested results do not predict future results. Read our methodology, who we are and the full disclaimer before acting on anything here.