Is Mrugesh Trading Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Mrugesh Trading Ltd (512065.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 Mrugesh Trading 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 Mrugesh Trading Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Mrugesh Trading Ltd?

Muslim investors may consider investing in Mrugesh Trading 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 Mrugesh Trading Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Mrugesh Trading 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 Mrugesh Trading Ltd updated?

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

Can a halal stock like Mrugesh Trading 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 Mrugesh Trading Ltd?

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

Mrugesh Trading Ltd 512065.BO

₹30.91

Last Updated: May 15, 12:00 AM·BSE

512065.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 21, 2024

Report Source: 2024 Annual Report

Mrugesh Trading Ltd. Stock Analysis 512065.BO

India Consumer Discretionary Micro Cap Report: 2024 Annual

Mrugesh Trading Ltd. engages in the business of trading and investments. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2011-06-27. The firm is engaged in the business of dealing in commodity trading. The company operates through a single segment, namely, Trading.

Key Statistics of Mrugesh Trading Ltd (512065.BO)

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

Today's Range

₹30.91₹30.91

Today's Open

₹30.91

Volume

108.00

P/E Ratio (TTM)

6,103.11

52 Week Range

₹0.48₹30.91

Market Cap

14.54B

Avg. Volume

188.77

Dividend Yield

Financial Metrics & Statements of Mrugesh Trading Ltd (512065.BO)

FAQ's for Mrugesh Trading Ltd (512065.BO)

According to Musaffa’s Shariah screening methodology, Mrugesh Trading Ltd (512065.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.