Is Adinath Textiles Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Adinath Textiles Ltd (514113.BO) is currently classified as DOUBTFUL 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 Adinath Textiles 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 Adinath Textiles Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Adinath Textiles Ltd?

Muslim investors may consider investing in Adinath Textiles 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 Adinath Textiles Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Adinath Textiles 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 Adinath Textiles Ltd updated?

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

Can a halal stock like Adinath Textiles 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 Adinath Textiles Ltd?

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

Adinath Textiles Ltd 514113.BO

₹21.00 ₹0.01 (0.05%) 1D

Last Updated: May 15, 12:00 AM·BSE

514113.BO Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 08, 2024

Report Source: 2024 Annual Report

Adinath Textiles Ltd. Stock Analysis 514113.BO

India Consumer Discretionary Nano Cap Report: 2024 Annual

Adinath Textiles Ltd. engages in textile business. The company is headquartered in Ludhiana, Punjab and currently employs 26 full-time employees. The firm has one reportable segment, which is Textiles. The firm is engaged in the business of giving its property on operating lease to different tenants. The company is also engaged in profound deliberations, exploring the prospects of embarking upon a new business venture.

Key Statistics of Adinath Textiles Ltd (514113.BO)

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

Today's Range

₹20.01₹21.01

Today's Open

₹21.01

Volume

1063.00

P/E Ratio (TTM)

167.02

52 Week Range

₹15.46₹43.39

Market Cap

132.13M

Avg. Volume

2228.64

Dividend Yield

Financial Metrics & Statements of Adinath Textiles Ltd (514113.BO)

FAQ's for Adinath Textiles Ltd (514113.BO)

According to Musaffa’s Shariah screening methodology, Adinath Textiles Ltd (514113.BO) is currently classified as DOUBTFUL 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.