Is Nirav Commercials Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Nirav Commercials Ltd (512425.BO) is currently classified as NOT HALAL as of November 2022. 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 Nirav Commercials 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 Nirav Commercials Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Nirav Commercials Ltd?

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

Musaffa determines the Shariah status of Nirav Commercials 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 Nirav Commercials Ltd updated?

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

Can a halal stock like Nirav Commercials 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 Nirav Commercials Ltd?

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

Nirav Commercials Ltd 512425.BO

₹891.00 ₹42.00 (4.50%) 1D

Last Updated: May 12, 12:00 AM·BSE

512425.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 10, 2022

Report Source: 2022 1st Quarter Report

Nirav Commercials Ltd. Stock Analysis 512425.BO

India Materials Nano Cap Report: Q1, 2022

Nirav Commercials Ltd. engages in the manufacture of aluminum grills, doors, and windows. The company is headquartered in Mumbai, Maharashtra and currently employs 12 full-time employees. The company went IPO on 2005-01-28. The firm has two manufacturing units: Elesar Focchi, one of them is situated in Daman Union Territory (UT), and another at Taloja in Raigad district, Maharashtra. The firm handles over 40000 metric tons annually of aluminum in various applications in the power sector, steel industry and the construction space.

Key Statistics of Nirav Commercials Ltd (512425.BO)

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

Today's Range

₹891.00₹933.00

Today's Open

₹933.00

Volume

2.00

P/E Ratio (TTM)

805.62

52 Week Range

₹551.00₹953.30

Market Cap

303.87M

Avg. Volume

4.50

Dividend Yield

Financial Metrics & Statements of Nirav Commercials Ltd (512425.BO)

FAQ's for Nirav Commercials Ltd (512425.BO)

According to Musaffa’s Shariah screening methodology, Nirav Commercials Ltd (512425.BO) is currently classified as NOT HALAL as of November 2022. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.