Is Prima Agro Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Prima Agro Ltd (519262.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 Prima Agro 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 Prima Agro Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Prima Agro Ltd?

Muslim investors may consider investing in Prima Agro 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 Prima Agro Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Prima Agro 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 Prima Agro Ltd updated?

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

Can a halal stock like Prima Agro 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 Prima Agro Ltd?

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

Prima Agro Ltd 519262.BO

₹18.25 ₹0.65 (3.44%) 1D

Last Updated: May 15, 12:00 AM·BSE

519262.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 10, 2022

Report Source: 2022 1st Quarter Report

Prima Agro Ltd. Stock Analysis 519262.BO

India Consumer Staples Nano Cap Report: Q1, 2022

Prima Agro Ltd. engages in the manufacture and sale of animal feed. The company is headquartered in Kochi, Kerala and currently employs 48 full-time employees. The firm also does contract basis manufacturing as per formulae, specifications, instruction as to the quantity of raw material and to the quality of the finished products given by the customers. Its Animal Feed Division offers a diversified product portfolio, including cattle feed pellets in 70 kilograms (kg) and 50 kg specifications. The firm caters only to the domestic market.

Key Statistics of Prima Agro Ltd (519262.BO)

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

Today's Range

₹17.27₹18.90

Today's Open

₹18.90

Volume

11.00

P/E Ratio (TTM)

52 Week Range

₹12.75₹27.00

Market Cap

83.19M

Avg. Volume

1070.62

Dividend Yield

Financial Metrics & Statements of Prima Agro Ltd (519262.BO)

FAQ's for Prima Agro Ltd (519262.BO)

According to Musaffa’s Shariah screening methodology, Prima Agro Ltd (519262.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.