Is Kakatiya Textiles Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Kakatiya Textiles Ltd (521054.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 Kakatiya 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 Kakatiya Textiles Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Kakatiya Textiles Ltd?

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

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

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

Can a halal stock like Kakatiya 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 Kakatiya Textiles Ltd?

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

Kakatiya Textiles Ltd 521054.BO

₹9.40 ₹0.20 (2.08%) 1D

Last Updated: May 15, 12:00 AM·BSE

521054.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 12, 2022

Report Source: 2022 1st Quarter Report

Kakatiya Textiles Ltd. Stock Analysis 521054.BO

India Consumer Discretionary Nano Cap Report: Q1, 2022

Kakatiya Textiles Ltd. is engaged in the business of cotton yarn spinning, yarn dyeing and cotton ginning. The company is headquartered in West Godavari, Andhra Pradesh and currently employs 36 full-time employees. The firm is engaged in the manufacture and sale of cotton yarn. The firm operates through manufacturing of Cotton Yarn segment.

Key Statistics of Kakatiya Textiles Ltd (521054.BO)

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

Today's Range

₹9.40₹9.60

Today's Open

₹9.60

Volume

161.00

P/E Ratio (TTM)

4.17

52 Week Range

₹8.01₹26.75

Market Cap

55.25M

Avg. Volume

224.31

Dividend Yield

Financial Metrics & Statements of Kakatiya Textiles Ltd (521054.BO)

FAQ's for Kakatiya Textiles Ltd (521054.BO)

According to Musaffa’s Shariah screening methodology, Kakatiya Textiles Ltd (521054.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.