Is Golkonda Aluminium Extrusions Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Golkonda Aluminium Extrusions Ltd (513309.BO) is currently classified as NOT HALAL as of July 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 Golkonda Aluminium Extrusions 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 Golkonda Aluminium Extrusions Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Golkonda Aluminium Extrusions Ltd?

Muslim investors may consider investing in Golkonda Aluminium Extrusions 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 Golkonda Aluminium Extrusions Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Golkonda Aluminium Extrusions 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 Golkonda Aluminium Extrusions Ltd updated?

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

Can a halal stock like Golkonda Aluminium Extrusions 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 Golkonda Aluminium Extrusions Ltd?

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

Golkonda Aluminium Extrusions Ltd 513309.BO

₹7.31 ₹0.41 (5.31%) 1D

Last Updated: Apr 28, 12:00 AM·BSE

513309.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 12, 2024

Report Source: 2024 Annual Report

Golkonda Aluminium Extrusions Ltd. Stock Analysis 513309.BO

India Industrials Nano Cap Report: 2024 Annual

Golkonda Aluminium Extrusions Ltd. is currently on the lookout for business opportunities. The company is headquartered in New Delhi, Delhi. The firm's main business activity falls within a single primary business segment, trading of ferrous and non-ferrous metal products.

Key Statistics of Golkonda Aluminium Extrusions Ltd (513309.BO)

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

Today's Range

₹7.31₹7.72

Today's Open

₹7.72

Volume

15.64K

P/E Ratio (TTM)

59.73

52 Week Range

₹6.17₹13.70

Market Cap

40.37M

Avg. Volume

16.07K

Dividend Yield

Financial Metrics & Statements of Golkonda Aluminium Extrusions Ltd (513309.BO)

FAQ's for Golkonda Aluminium Extrusions Ltd (513309.BO)

According to Musaffa’s Shariah screening methodology, Golkonda Aluminium Extrusions Ltd (513309.BO) is currently classified as NOT HALAL as of July 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.