Is Megh Mayur Infra Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Megh Mayur Infra Ltd (509003.BO) is currently classified as NOT HALAL as of July 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 Megh Mayur Infra 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 Megh Mayur Infra Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Megh Mayur Infra Ltd?

Muslim investors may consider investing in Megh Mayur Infra 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 Megh Mayur Infra Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Megh Mayur Infra 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 Megh Mayur Infra Ltd updated?

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

Can a halal stock like Megh Mayur Infra 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 Megh Mayur Infra Ltd?

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

Megh Mayur Infra Ltd 509003.BO

₹0.13

Last Updated: Dec 27, 12:00 AM·BSE

509003.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 18, 2024

Report Source: 2024 Annual Report

Megh Mayur Infra Ltd. Stock Analysis 509003.BO

India N/A Nano Cap Report: 2024 Annual

Megh Mayur Infra Ltd. engages in the provision of construction services. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2009-09-14. The firm is engaged in construction services. The firm offers functional and space, furnishings planning, custom furniture, lighting design, and maintenance evaluation services.

Key Statistics of Megh Mayur Infra Ltd (509003.BO)

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

Today's Range

₹0.13₹0.13

Today's Open

₹0.13

Volume

1.00

P/E Ratio (TTM)

52 Week Range

₹0.13₹0.13

Market Cap

820.00K

Avg. Volume