Is Anand Projects Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Anand Projects Ltd (501630.BO) is currently classified as NOT HALAL as of March 2024. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Anand Projects Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Anand Projects Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Anand Projects Ltd?

Muslim investors may consider investing in Anand Projects Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Anand Projects Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Anand Projects Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Anand Projects Ltd updated?

The Shariah compliance status of Anand Projects Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Anand Projects Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Anand Projects Ltd?

You can check the latest Shariah compliance status of Anand Projects Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Anand Projects Ltd 501630.BO

₹24.48

Last Updated: Dec 13, 12:00 AM·BSE

501630.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 28, 2024

Report Source: 2024 3rd Quarter Report

Anand Projects Ltd. Stock Analysis 501630.BO

India N/A Nano Cap Report: Q3, 2024

Anand Projects Ltd. engages in the provision of engineering, procurement, and construction related services. The company is headquartered in Noida, Uttar Pradesh and currently employs 2 full-time employees. The company went IPO on 2008-01-31. The firm operates through a single segment, namely EPC Contracts. The company is carrying out business in the field of EPC for the erection of power plants and other infrastructure facilities. The firm is executing EPC services in the power sector in the district of Lalitpur (Uttar Pradesh). The company has implemented the EPC works of the 1980 megawatts (MW) Super Critical Thermal Power Project at Lalitpur district, Jhansi in the state of Uttar Pradesh.

Key Statistics of Anand Projects Ltd (501630.BO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹24.48₹24.48

Today's Open

₹24.48

Volume

P/E Ratio (TTM)

52 Week Range

₹20.16₹23.32

Market Cap

22.87M

Avg. Volume

Dividend Yield

Financial Metrics & Statements of Anand Projects Ltd (501630.BO)

FAQ's for Anand Projects Ltd (501630.BO)

According to Musaffa’s Shariah screening methodology, Anand Projects Ltd (501630.BO) is currently classified as NOT HALAL as of March 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.