Is Hindusthan Udyog Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Hindusthan Udyog Ltd (513039.BO) is currently classified as NOT HALAL as of December 2023. 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 Hindusthan Udyog 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 Hindusthan Udyog Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Hindusthan Udyog Ltd?

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

Musaffa determines the Shariah status of Hindusthan Udyog 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 Hindusthan Udyog Ltd updated?

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

Can a halal stock like Hindusthan Udyog 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 Hindusthan Udyog Ltd?

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

Hindusthan Udyog Ltd 513039.BO

₹3.31

Last Updated: Jun 14, 12:00 AM·BSE

513039.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 09, 2023

Report Source: 2024 2nd Quarter Report

Hindusthan Udyog Ltd. Stock Analysis 513039.BO

India N/A Nano Cap Report: Q2, 2024

Hindusthan Udyog Ltd. engages in the engineering of alloy and stainless-steel casting. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2010-07-28. The firm is engaged in the real estate business, including leasing out of buildings/properties, purchase, sale, occupation, construction, and development of buildings/properties.

Key Statistics of Hindusthan Udyog Ltd (513039.BO)

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

Today's Range

₹3.31₹3.31

Today's Open

₹3.31

Volume

5000.00

P/E Ratio (TTM)

0.04

52 Week Range

₹3.16₹3.16

Market Cap

20.51M

Avg. Volume