Is Ventura Textiles Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ventura Textiles Ltd (516098.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 Ventura 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 Ventura Textiles Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ventura Textiles Ltd?

Muslim investors may consider investing in Ventura 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 Ventura Textiles Ltd classified as NOT HALAL?

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

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

Can a halal stock like Ventura 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 Ventura Textiles Ltd?

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

Ventura Textiles Ltd 516098.BO

₹9.32 ₹0.38 (4.25%) 1D

Last Updated: May 15, 12:00 AM·BSE

516098.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 08, 2022

Report Source: 2022 1st Quarter Report

Ventura Textiles Ltd. Stock Analysis 516098.BO

India Consumer Discretionary Nano Cap Report: Q1, 2022

Ventura Textiles Ltd. engages in manufacture of textiles consisting of fabric and yarn. The company is headquartered in Mumbai, Maharashtra and currently employs 1 full-time employees. The firm's products include bed linen and yarn. The firm offers bed linen in dobby stripes, solids, and percale varieties. The firm offers bed linen in high thread count (TC) sheets, including approximately 400, 500, 600, 800, 1000 and 1200 TC. The firm offers bed linen with embellishments, designer stitching and embroideries. The firm offers open-end yarn in the count range of approximately four strands (s) to 16 s. The Company also produces gray fabrics, including industrial canvas, duck fabrics, denims, and drills. The firm offers its products in the United States, Canada, Europe and the Far East. The firm's products are developed in-house at its spinning and weaving unit. The firm's manufacturing plant is located in Nashik District, Maharashtra.

Key Statistics of Ventura Textiles Ltd (516098.BO)

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

Today's Range

₹8.50₹9.50

Today's Open

₹8.94

Volume

1931.00

P/E Ratio (TTM)

52 Week Range

₹6.55₹13.10

Market Cap

165.02M

Avg. Volume

7339.23

Dividend Yield

Financial Metrics & Statements of Ventura Textiles Ltd (516098.BO)

FAQ's for Ventura Textiles Ltd (516098.BO)

According to Musaffa’s Shariah screening methodology, Ventura Textiles Ltd (516098.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.