MTL Bullish Divergence SetupMTL has formed a bullish divergence on the daily timeframe. A buy can be attempted on the breakout of the last lower high, with a stop loss below the recent low and take profit (TP1) around the recent top.
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33.13 PKR
6.36 B PKR
53.35 B PKR
144.89 M
About Millat Tractors Limited
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, Castings, and Others. The Tractors segment deals with assembling and manufacturing agricultural tractors, implements, and multi-application products. 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.
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MTL - PSX - Weekly Technical AnalysisMillat Tractor Limited - is in down trend in parallel channel making LHs and LLs. It has made double bottom which indicates potential reversal to upwards. Volumes are very low as well which suggests that only a few people are selling. Anchored Volume Profile tool has been applied to find out POC to
PSX: MTL OutlookMTL Outlook:
506–516 area is acting as a strong support. The stock has bounced from this level multiple times.
Current Level of MTL has low risk with high potential on upside.
SL: 470
Buyer Alert Plan — Millat Tractors Ltd (MTL | M)⚠️ Buyer Alert Plan — Millat Tractors Ltd (MTL | M)
Stop buying for now.
Price is falling after liquidity was grabbed — momentum favors sellers.
Wait for price to approach 308–310 zone.
This is the first major higher timeframe area of interest.
Only react after a Daily or Weekly Market Structure
MTL LongSince March 2023, MTL is in a channel and has recently hit the channel bottom. From here onwards, its open to move upside towards 560, 659, 738 and 800+.
This is my personal opinion, not a buy / sell call.
MTL will be caped todayMTL will be capped today, as it has given a breakout of its downtrend falling channel.
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.
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
See all ideas
Summarizing what the indicators are suggesting.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MTL is 506.58 PKR — it has decreased by −0.45% in the past 24 hours. Watch Millat Tractors Limited stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange Millat Tractors Limited stocks are traded under the ticker MTL.
MTL stock has fallen by −0.40% compared to the previous week, the month change is a −0.50% fall, over the last year Millat Tractors Limited has showed a −14.14% decrease.
We've gathered analysts' opinions on Millat Tractors Limited future price: according to them, MTL price has a max estimate of 425.00 PKR and a min estimate of 425.00 PKR. Watch MTL chart and read a more detailed Millat Tractors Limited stock forecast: see what analysts think of Millat Tractors Limited and suggest that you do with its stocks.
MTL stock is 3.75% volatile and has beta coefficient of 0.73. Track Millat Tractors Limited stock price on the chart and check out the list of the most volatile stocks — is Millat Tractors Limited there?
Today Millat Tractors Limited has the market capitalization of 101.20 B, it has increased by 0.20% over the last week.
Yes, you can track Millat Tractors Limited financials in yearly and quarterly reports right on TradingView.
Millat Tractors Limited is going to release the next earnings report on Feb 25, 2026. Keep track of upcoming events with our Earnings Calendar.
MTL net income for the last quarter is 582.02 M PKR, while the quarter before that showed 1.35 B PKR of net income which accounts for −56.76% change. Track more Millat Tractors Limited financial stats to get the full picture.
Millat Tractors Limited dividend yield was 10.74% in 2025, and payout ratio reached 188.28%. The year before the numbers were 3.93% and 47.49% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 5, 2025, the company has 811 employees. See our rating of the largest employees — is Millat Tractors Limited on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Millat Tractors Limited EBITDA is 10.74 B PKR, and current EBITDA margin is 18.89%. See more stats in Millat Tractors Limited 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 Limited 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 Limited 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 Limited stock shows the sell signal. See more of Millat Tractors Limited 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.