Is Prism Medico and Pharmacy Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Prism Medico and Pharmacy Ltd (512217.BO) is currently classified as NOT HALAL as of May 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 Prism Medico and Pharmacy 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 Prism Medico and Pharmacy Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Prism Medico and Pharmacy Ltd?

Muslim investors may consider investing in Prism Medico and Pharmacy 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 Prism Medico and Pharmacy Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Prism Medico and Pharmacy 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 Prism Medico and Pharmacy Ltd updated?

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

Can a halal stock like Prism Medico and Pharmacy 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 Prism Medico and Pharmacy Ltd?

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

Prism Medico and Pharmacy Ltd 512217.BO

₹29.00 ₹1.00 (3.33%) 1D

Last Updated: May 15, 12:00 AM·BSE

512217.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 17, 2024

Report Source: 2024 3rd Quarter Report

Prism Medico and Pharmacy Ltd. Stock Analysis 512217.BO

India Consumer Staples Nano Cap Report: Q3, 2024

Prism Medico & Pharmacy Ltd. is a development stage company, which is engaged in the trading, buying, selling of cattle feed, fertilizers, nutrients related to organic feed, bio organics, bio pesticides, bio fertilizers, seeds, and agricultural products. The company is headquartered in Mohali, Punjab. The company went IPO on 2005-07-29. The firm is in the business of manufacturing, buying, dealing, exporting, importing, and trading, distributing, acting as wholesaler, retailer, suppliers, selling agent, buying agent, repackers, analytical chemists, druggists, refiners, processors, merchants, and stockiest in all types of cases kinds/nature, chemicals, serums, chemical products, antibiotics, medicines, drugs, pharmaceuticals pesticide, dyes, soaps oil, perfumes, cosmetic, patent medicine, and others.

Key Statistics of Prism Medico and Pharmacy Ltd (512217.BO)

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

Today's Range

₹28.32₹30.00

Today's Open

₹30.00

Volume

4232.00

P/E Ratio (TTM)

52 Week Range

₹12.49₹34.49

Market Cap

168.46M

Avg. Volume

28.90K

Dividend Yield

Financial Metrics & Statements of Prism Medico and Pharmacy Ltd (512217.BO)

FAQ's for Prism Medico and Pharmacy Ltd (512217.BO)

According to Musaffa’s Shariah screening methodology, Prism Medico and Pharmacy Ltd (512217.BO) is currently classified as NOT HALAL as of May 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.