Is Bombay Wire Ropes Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Bombay Wire Ropes Ltd (504648.BO) is currently classified as NOT HALAL as of February 2026. 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 Bombay Wire Ropes 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 Bombay Wire Ropes Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Bombay Wire Ropes Ltd?

Muslim investors may consider investing in Bombay Wire Ropes 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 Bombay Wire Ropes Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Bombay Wire Ropes 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 Bombay Wire Ropes Ltd updated?

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

Can a halal stock like Bombay Wire Ropes 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 Bombay Wire Ropes Ltd?

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

Bombay Wire Ropes Ltd 504648.BO

₹53.23 ₹0.02 (0.04%) 1D

Last Updated: May 15, 12:00 AM·BSE

504648.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 04, 2026

Report Source: 2026 3rd Quarter Report

Bombay Wire Ropes Ltd. Stock Analysis 504648.BO

India N/A Nano Cap Report: Q3, 2026

Bombay Wire Ropes Ltd. engages in the manufacture and sale of wire ropes and steel products. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2008-02-27. The firm was a manufacturer of wire ropes and specialty steel manufacturers in India. The firm is in the process of restructuring its business operations. The firm has no operations and not generated any revenue.

Key Statistics of Bombay Wire Ropes Ltd (504648.BO)

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

Today's Range

₹52.99₹53.25

Today's Open

₹53.25

Volume

22.00

P/E Ratio (TTM)

52 Week Range

₹35.56₹74.50

Market Cap

245.89M

Avg. Volume

1378.71

Dividend Yield

Financial Metrics & Statements of Bombay Wire Ropes Ltd (504648.BO)

FAQ's for Bombay Wire Ropes Ltd (504648.BO)

According to Musaffa’s Shariah screening methodology, Bombay Wire Ropes Ltd (504648.BO) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.