Is Quadrant Televentures Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Quadrant Televentures Ltd (511116.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 Quadrant Televentures 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 Quadrant Televentures Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Quadrant Televentures Ltd?

Muslim investors may consider investing in Quadrant Televentures 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 Quadrant Televentures Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Quadrant Televentures 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 Quadrant Televentures Ltd updated?

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

Can a halal stock like Quadrant Televentures 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 Quadrant Televentures Ltd?

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

Quadrant Televentures Ltd 511116.BO

₹0.38 ₹0.01 (2.70%) 1D

Last Updated: May 15, 12:00 AM·BSE

511116.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 19, 2024

Report Source: 2024 Annual Report

Quadrant Televentures Ltd. Stock Analysis 511116.BO

India Communication Services Nano Cap Report: 2024 Annual

Quadrant Televentures Ltd. engages in the provision of unified telephony services. The firm operates through the Telecommunications Services segment. The portfolio of services provided by the Company includes Fixed Voice (Landline) services, DSL (Internet) services and Leased Line services in the Punjab Telecom Circle. The firm also operates in the Bulk short message service (SMS) segment. The company provides broadband services through its fiber optic cable laid across Punjab and the Company has also entered into co-location agreements.

Key Statistics of Quadrant Televentures Ltd (511116.BO)

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

Today's Range

₹0.36₹0.38

Today's Open

₹0.37

Volume

1.12M

P/E Ratio (TTM)

52 Week Range

₹0.24₹0.52

Market Cap

214.62M

Avg. Volume

892.82K

Dividend Yield

Financial Metrics & Statements of Quadrant Televentures Ltd (511116.BO)

FAQ's for Quadrant Televentures Ltd (511116.BO)

According to Musaffa’s Shariah screening methodology, Quadrant Televentures Ltd (511116.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.