Is Shree Manufacturing Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shree Manufacturing Co Ltd (503863.BO) is currently classified as HALAL as of November 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 Shree Manufacturing Co 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 Shree Manufacturing Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shree Manufacturing Co Ltd?

Muslim investors may consider investing in Shree Manufacturing Co 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 Shree Manufacturing Co Ltd classified as HALAL?

Musaffa determines the Shariah status of Shree Manufacturing Co 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 Shree Manufacturing Co Ltd updated?

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

Can a halal stock like Shree Manufacturing Co 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 Shree Manufacturing Co Ltd?

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

Shree Manufacturing Co Ltd 503863.BO

17.91

Last Updated: May 11, 12:00 AM·BSE

503863.BO Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: November 01, 2024

Report Source: 2024 Annual Report

Shree Manufacturing Co Ltd. Stock Analysis 503863.BO

India Consumer Discretionary Nano Cap Report: 2024 Annual

Shree Manufacturing Co. Ltd. engages in the manufacture of textile products. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2000-08-10. The firm does not carry out any business activities. The firm is in the process of finding new markets and business avenues.

Key Statistics of Shree Manufacturing Co Ltd (503863.BO)

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

Today's Range

17.9117.91

Today's Open

17.91

Volume

11.00

P/E Ratio (TTM)

52 Week Range

8.1124.89

Market Cap

Avg. Volume

142.00

Dividend Yield

Financial Metrics & Statements of Shree Manufacturing Co Ltd (503863.BO)

FAQ's for Shree Manufacturing Co Ltd (503863.BO)

According to Musaffa’s Shariah screening methodology, Shree Manufacturing Co Ltd (503863.BO) is currently classified as HALAL as of November 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.