Is CES Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, CES Ltd (512341.BO) is currently classified as NOT HALAL as of January 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 CES 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 CES Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of CES Ltd?

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

Musaffa determines the Shariah status of CES 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 CES Ltd updated?

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

Can a halal stock like CES 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 CES Ltd?

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

CES Ltd 512341.BO

₹0.44

Last Updated: Aug 22, 12:00 AM·BSE

512341.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 09, 2024

Report Source: 2024 2nd Quarter Report

CES Ltd. Stock Analysis 512341.BO

India N/A Nano Cap Report: Q2, 2024

CES Ltd. engages in the provision of information technology consulting and software services. The company is headquartered in Hyderabad, Telangana. The company went IPO on 2006-07-20. The firm specializes in providing customer-oriented solutions in the financial services, healthcare and e-commerce domains. The Company’s segments include IT Services & Products and IT Enabled Services (ITES). Its solutions include CashTrax Cash Reconciliation, Neos, Acuity, CENTIPEDE RPA, CENTIPEDE AI/ML, CENTIPEDE Data Acquisition System, CENTIPEDE Insights, CENTIPEDE DSS, VIMS, Zyna, and C-Guard. Its services include digital transformation enablement, managed IT infrastructure services, oracle center of excellence, enterprise application services, SAP services partner and product engineering. The company serves various industries, including alternative asset management, fund accounting, technology services, operations, agriculture and others. Acuity is a comprehensive corporate action events management application that enables simplified processing and handling of Corporate Action events.

Key Statistics of CES Ltd (512341.BO)

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

Today's Range

₹0.44₹0.44

Today's Open

₹0.44

Volume

5000.00

P/E Ratio (TTM)

0.05

Market Cap

16.02M

Avg. Volume