Is Shricon Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shricon Industries Ltd (508961.BO) is currently classified as DOUBTFUL 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 Shricon Industries 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 Shricon Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shricon Industries Ltd?

Muslim investors may consider investing in Shricon Industries 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 Shricon Industries Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Shricon Industries 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 Shricon Industries Ltd updated?

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

Can a halal stock like Shricon Industries 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 Shricon Industries Ltd?

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

Shricon Industries Ltd 508961.BO

₹238.40

Last Updated: May 15, 12:00 AM·BSE

508961.BO Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: November 09, 2024

Report Source: 2025 1st Quarter Report

Shricon Industries Ltd. Stock Analysis 508961.BO

India N/A Nano Cap Report: Q1, 2025

Shricon Industries Ltd. engages in the civil work and real estate activities. The company is headquartered in Kota, Rajasthan. The company went IPO on 2005-07-07. The firm is engaged in the business of civil work. The company offers various types of construction, such as commercial construction, engineering construction, renovation and heavy construction.

Key Statistics of Shricon Industries Ltd (508961.BO)

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

Today's Range

₹238.40₹238.40

Today's Open

₹238.40

Volume

23.00

P/E Ratio (TTM)

52 Week Range

₹122.55₹278.00

Market Cap

211.12M

Avg. Volume

723.50

Dividend Yield

Financial Metrics & Statements of Shricon Industries Ltd (508961.BO)

FAQ's for Shricon Industries Ltd (508961.BO)

According to Musaffa’s Shariah screening methodology, Shricon Industries Ltd (508961.BO) is currently classified as DOUBTFUL 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.