Is Ganon Products Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ganon Products Ltd (512443.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 Ganon Products 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 Ganon Products Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ganon Products Ltd?

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

Musaffa determines the Shariah status of Ganon Products 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 Ganon Products Ltd updated?

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

Can a halal stock like Ganon Products 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 Ganon Products Ltd?

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

Ganon Products Ltd 512443.BO

₹14.00 ₹0.90 (6.04%) 1D

Last Updated: May 15, 12:00 AM·BSE

512443.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 10, 2022

Report Source: 2022 1st Quarter Report

Ganon Products Ltd. Stock Analysis 512443.BO

India Industrials Nano Cap Report: Q1, 2022

Ganon Products Ltd. is engages in the trading of merchandise. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2011-08-03. The firm is engaged in trading activity of multiple commodities like cotton, steels, fabric, thermal coal. The firm is engaged in a single business segment which is Trading and Other.

Key Statistics of Ganon Products Ltd (512443.BO)

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

Today's Range

₹13.96₹14.90

Today's Open

₹14.90

Volume

49.81K

P/E Ratio (TTM)

322.31

52 Week Range

₹6.00₹17.39

Market Cap

141.21M

Avg. Volume

53.47K

Dividend Yield

Financial Metrics & Statements of Ganon Products Ltd (512443.BO)

FAQ's for Ganon Products Ltd (512443.BO)

According to Musaffa’s Shariah screening methodology, Ganon Products Ltd (512443.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.