MTL LOW RISK LONG TRADEMTL has given breakout of its downward channel and also taken support from a long term trendline, furthermore it also successfully established a Spring. It is low risk trade.
Buy MTL 600-620
TP1 690
TP2 760
SL 580
Next report date
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Report period
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EPS estimate
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Revenue estimate
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37.82 PKR
10.09 B PKR
95.02 B PKR
137.17 M
About MILLAT TRACTORS LTD
Sector
CEO
Raheel Asghar
Website
Headquarters
Lahore
Founded
1964
ISIN
PK0009801017
FIGI
BBG000BK9LL3
Millat Tractors Ltd. engages in the manufacture, trading, and assembling of machinery, heavy equipment, and parts. It operates through the following segments: Tractors, Tractor Components, Castings, and Others. The Tractors segment deals with assembling and manufacturing agricultural tractors, implements, and multi-application products. The Tractor Components segment is involved in the manufacture of automotive, agricultural, and industrial vehicle parts and components. The Castings segment offers manufacturing of castings for tractors and automotive parts. The company was founded by Rana Khuda Daad on June 8, 1964 and is headquartered in Lahore, Pakistan.
Mtl is above breakout level of 624Mtl is above breakout level of 624, and it is expected to cross 650 and 700 level.
Note: this is not a buy sell trade call. Trade at your own will and use stop loss.
MTL*Head & Shoulders Pattern: A potential head and shoulders pattern is visible, which is a bearish reversal structure
but still no any negative sign RSI moving in range between 30-70
*Safe Buying Zone: Marked around 615-620 , indicating a breakout level where price stability could confirm an upward
MTL has hit its channel bottomNow it will travel upwards. Next targets are 670, 750 and ultimately 866 (Fib 1.618).
This is not a buy / sell call.
Bullish on Monthly TF.
Bearish ABCD Pattern seems to appear
with Potential Targets around 900+
However, 690 - 790 is an Important Zone
that needs to Cross & Sustain for further Upside.
Immediate Support can be the CMP if 615 is
not Broken.
Important Support Zone seems to be in the
range of 575 - 605.
Should not break 560
MTL (Millat Tractor Limited)As our previous signal Hit TP 🎯, you can check our previous signal.
Now it can retrace down 641 ~ 662 Fib Golden Zone and It may go up again after retracement.
Stop Loss would be 635.
MTL Broke th Retracement LineMTL is bounced from High 684 into Fibonacci Golden Zone
and expected to go up with first Target 🎯Price can be 684
Stopp Loss should be: 602
Bullish 🐂
MTL, Bullish RectangleWeekly Bullish Channel
Currently Trading in rectagular accumulation
Retest of weekly bullish channel
Now towards new highs
Entry upon break of rectangle
Entry 680
SL 626
Target Channel top 850-900
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of MTL is 574.33 PKR — it has increased by 1.25% in the past 24 hours. Watch MILLAT TRACTORS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange MILLAT TRACTORS LTD stocks are traded under the ticker MTL.
MTL stock has fallen by −4.03% compared to the previous week, the month change is a −4.46% fall, over the last year MILLAT TRACTORS LTD has showed a −6.15% decrease.
We've gathered analysts' opinions on MILLAT TRACTORS LTD future price: according to them, MTL price has a max estimate of 590.00 PKR and a min estimate of 590.00 PKR. Watch MTL chart and read a more detailed MILLAT TRACTORS LTD stock forecast: see what analysts think of MILLAT TRACTORS LTD and suggest that you do with its stocks.
MTL stock is 1.63% volatile and has beta coefficient of 0.96. Track MILLAT TRACTORS LTD stock price on the chart and check out the list of the most volatile stocks — is MILLAT TRACTORS LTD there?
Today MILLAT TRACTORS LTD has the market capitalization of 110.66 B, it has decreased by −1.57% over the last week.
Yes, you can track MILLAT TRACTORS LTD financials in yearly and quarterly reports right on TradingView.
MILLAT TRACTORS LTD is going to release the next earnings report on Sep 3, 2025. Keep track of upcoming events with our Earnings Calendar.
MTL net income for the last quarter is 1.36 B PKR, while the quarter before that showed 3.18 B PKR of net income which accounts for −57.18% change. Track more MILLAT TRACTORS LTD financial stats to get the full picture.
MILLAT TRACTORS LTD dividend yield was 3.93% in 2024, and payout ratio reached 47.51%. The year before the numbers were 5.40% and 122.65% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of May 6, 2025, the company has 1.31 K employees. See our rating of the largest employees — is MILLAT TRACTORS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MILLAT TRACTORS LTD EBITDA is 13.00 B PKR, and current EBITDA margin is 20.04%. See more stats in MILLAT TRACTORS LTD financial statements.
Like other stocks, MTL 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 MILLAT TRACTORS 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 MILLAT TRACTORS LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MILLAT TRACTORS LTD stock shows the buy signal. See more of MILLAT TRACTORS 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.