Is Seven Hill Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Seven Hill Industries Ltd (511760.BO) is currently classified as NOT HALAL as of June 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 Seven Hill 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 Seven Hill Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Seven Hill Industries Ltd?

Muslim investors may consider investing in Seven Hill 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 Seven Hill Industries Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Seven Hill 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 Seven Hill Industries Ltd updated?

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

Can a halal stock like Seven Hill 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 Seven Hill Industries Ltd?

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

Seven Hill Industries Ltd 511760.BO

₹0.40 ₹0.01 (2.56%) 1D

Last Updated: Dec 15, 12:00 AM·BSE

511760.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 14, 2024

Report Source: 2024 2nd Quarter Report

Seven Hill Industries Ltd. Stock Analysis 511760.BO

India Financials Nano Cap Report: Q2, 2024

Seven Hill Industries Ltd. engages in providing financial related services. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2001-08-06. The firm has not commenced its business operations. The firm has not generated any revenue.

Key Statistics of Seven Hill Industries Ltd (511760.BO)

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

Today's Range

₹0.38₹0.42

Today's Open

₹0.39

Volume

102.63K

P/E Ratio (TTM)

1.63

52 Week Range

₹0.38₹0.82

Market Cap

52.09M

Avg. Volume

194.87K

Dividend Yield

Financial Metrics & Statements of Seven Hill Industries Ltd (511760.BO)

FAQ's for Seven Hill Industries Ltd (511760.BO)

According to Musaffa’s Shariah screening methodology, Seven Hill Industries Ltd (511760.BO) is currently classified as NOT HALAL as of June 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.