ILLIQUID — earned weight 0.0 of 1.00, the summed measured record of the backing engines.
Because. Rs0.0mn/day — too thin to exit a 5-10 lac ticket
Risk. stop 37.57 (7.4% below close) — exit there
The case against. against: phase LOADING (median -0.96% over 172 completed runs, 37.2% win) — the median run in this phase LOSES
Measured from 176 completed Loading runs in ZEME's recorded phase history — these are frequencies of what actually happened next, not forecasts:
Typical stay in this phase: 3 sessions (median). measured from 2026-07-16
ZEME publishes the case against its own signals, and the base rate any share has to beat. Educational analysis, not investment advice.
| Price | Rs 40.57 |
| ZEME fair value | Rs 71.11 |
| Discount to fair value | 75.3% |
| Smart-money phase | Loading |
| Confidence score | — |
| RSI (14) | 42.4 |
| P/E | 4.0 |
| ROE | 20.0% |
| Dividend yield | —% |
| 52-week range | Rs 34.22 – Rs 63.20 |
| Sector | Sugar & Allied Industries |
| Shariah-compliant | Yes ☪ |
FRSM (Faran Sugar Mills Ltd) trades at Rs 40.57 on the Pakistan Stock Exchange, in the Loading smart-money phase — accumulating. ZEME's model puts fair value near Rs 71.11, making it about 75.3% undervalued. Smart money is quietly accumulating — an early bullish setup.
ZEME AI reads FRSM through operator accumulation/distribution phases, fair value across three methods, RSI and volume, plus institutional flow (FIPI/LIPI & off-market) — the same smart-money engine behind our daily PSX signals. For the live chart, entry/stop/target and history, open the interactive analysis above.
Yes — on ZEME's read, it shows smart-money accumulation AND trades below fair value. Smart money is quietly accumulating — an early bullish setup. As of 16 Oct 2026, FRSM is in the Loading phase with a ZEME confidence score of None/100.
ZEME estimates FRSM's fair value at about Rs 71.11, versus a market price of Rs 40.57 — roughly 75.3% undervalued.
FRSM is currently in the Loading phase. Smart money is quietly accumulating — an early bullish setup.
Data updated 16 Oct 2026 from ZEME AI's PSX engine. Educational analytics, not investment advice — do your own research and use a stop loss. Trading carries risk.