Is Hathway Bhawani Cabletel and Datacom Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Hathway Bhawani Cabletel and Datacom Ltd (509073.BO) is currently classified as DOUBTFUL as of February 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 Hathway Bhawani Cabletel and Datacom 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 Hathway Bhawani Cabletel and Datacom Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Hathway Bhawani Cabletel and Datacom Ltd?

Muslim investors may consider investing in Hathway Bhawani Cabletel and Datacom 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 Hathway Bhawani Cabletel and Datacom Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Hathway Bhawani Cabletel and Datacom 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 Hathway Bhawani Cabletel and Datacom Ltd updated?

The Shariah compliance status of Hathway Bhawani Cabletel and Datacom Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Hathway Bhawani Cabletel and Datacom 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 Hathway Bhawani Cabletel and Datacom Ltd?

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

Hathway Bhawani Cabletel and Datacom Ltd 509073.BO

₹11.57 ₹0.02 (0.17%) 1D

Last Updated: May 15, 12:00 AM·BSE

509073.BO Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: February 29, 2024

Report Source: 2024 3rd Quarter Report

Hathway Bhawani Cabletel and Datacom Ltd. Stock Analysis 509073.BO

India Communication Services Nano Cap Report: Q3, 2024

Hathway Bhawani Cabletel & Datacom Ltd. engages in the provision of cable television network and Internet services. The company is headquartered in Mumbai, Maharashtra. The firm provides cable television services in several cities. The firm has two service areas: digital cable television and entertainment. The firm provides digital cable television services in cities, such as Mumbai, New Mumbai, Karjat, Mumbra. The firm's digital cable television products ROYAL high definition (HD), ROYAL, PRIME HD, PRIME and BASIC SERVICE TIER. The Company’s entertainment service includes Hathway Bhawani Cinema and Movies (HB Cinema, HB Movies), a movie-based entertainment channel. The firm's subsidiary is Hathway Bhawani NDS Network Limited.

Key Statistics of Hathway Bhawani Cabletel and Datacom Ltd (509073.BO)

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

Today's Range

₹11.55₹12.75

Today's Open

₹11.55

Volume

587.00

P/E Ratio (TTM)

52 Week Range

₹9.80₹19.99

Market Cap

94.10M

Avg. Volume

2134.50

Dividend Yield

Financial Metrics & Statements of Hathway Bhawani Cabletel and Datacom Ltd (509073.BO)

FAQ's for Hathway Bhawani Cabletel and Datacom Ltd (509073.BO)

According to Musaffa’s Shariah screening methodology, Hathway Bhawani Cabletel and Datacom Ltd (509073.BO) is currently classified as DOUBTFUL as of February 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.