Is Narmada Macplast Drip Irrigation Systems Ltd Stock Halal?
Shariah Compliance Analysis of 517431.BO Stock
India Industrials Nano Cap
Yes. As of October 2026, Narmada Macplast Drip Irrigation Systems Ltd (517431.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Narmada Macplast Drip Irrigation Systems Ltd passes Musaffa's business and financial screening criteria.
Narmada Macplast Drip Irrigation Systems Ltd. is engaged in the manufacturing and supply of PVC pipes and drip irrigation products. The company is headquartered in Gandhinagar, Gujarat. The company went IPO on 2019-06-14. The firm is primarily engaged in drip irrigation system services. Its products range includes Spray Bodies (UNI-Spray Series and 1800 Series), Spray Nozzles (Rotary Nozzles and Van Series Nozzles), Rotors(3500 Series, 5000/5000 Plus Series, 5500 Series, 7005 Series Nozzles, 8005 Series Nozzles, 5500/7005/8005 Series, 2045 A Maxi-Paw, and Falcon 6504 Series), SPLICE-1 Wire Splice, Valve Keys Quick-Coupling Keys, Controllers (STPi Series, ESP Modular Series, and ESP-LX Modular Series), Central Controls (SiteControl and FD-TURF Two-Wire Decoders), PC Emitter and Lady Bug Series, Multi Outet Xeri-Bug, Landscape Dripline, VB Series Valve Boxes, 2045-PJ Maxi-Bird, Brass Impact Sprinkler, PC Dripline Pressure Compensating Inline Emitter Tubing, Micro-Quick Sprays, and Micro-Bird Spinners.
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Narmada Macplast Drip Irrigation Systems Ltd 517431.BO
₹23.65 ₹0.45 (1.87%) 1D
Last Updated: Oct 06, 12:00 AM·BSE
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517431.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Narmada Macplast Drip Irrigation Systems Ltd is classified as halal.
HALAL
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Financial Metrics & Statements of Narmada Macplast Drip Irrigation Systems Ltd (517431.BO)
FAQ's for Narmada Macplast Drip Irrigation Systems Ltd (517431.BO)
As of October 2026, Narmada Macplast Drip Irrigation Systems Ltd 517431.BO is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Narmada Macplast Drip Irrigation Systems Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Narmada Macplast Drip Irrigation Systems 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.
Musaffa determines the Shariah status of Narmada Macplast Drip Irrigation Systems Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Narmada Macplast Drip Irrigation Systems Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Narmada Macplast Drip Irrigation Systems Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Narmada Macplast Drip Irrigation Systems Ltd (517431.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.