Is Perfect-Octave Media Projects Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Perfect-Octave Media Projects Ltd (521062.BO) is currently classified as NOT HALAL 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 Perfect-Octave Media Projects 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 Perfect-Octave Media Projects Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Perfect-Octave Media Projects Ltd?

Muslim investors may consider investing in Perfect-Octave Media Projects 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 Perfect-Octave Media Projects Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Perfect-Octave Media Projects 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 Perfect-Octave Media Projects Ltd updated?

The Shariah compliance status of Perfect-Octave Media Projects Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Perfect-Octave Media Projects 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 Perfect-Octave Media Projects Ltd?

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

Perfect-Octave Media Projects Ltd 521062.BO

₹4.20 ₹0.05 (1.20%) 1D

Last Updated: May 15, 12:00 AM·BSE

521062.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 23, 2024

Report Source: 2024 Annual Report

Perfect-Octave Media Projects Ltd. Stock Analysis 521062.BO

India Communication Services Nano Cap Report: 2024 Annual

Perfect-Octave Media Projects Ltd. engages in the business of broadcasting. The company is headquartered in Mumbai, Maharashtra and currently employs 7 full-time employees. The firm is operating a satellite television channel, Insync. Insync is a 24 x 7 Indian Music Television Channel that showcases Indian classical music and other music genre such as ghazal, sufi, fusion, spiritual, music education, dance and others.

Key Statistics of Perfect-Octave Media Projects Ltd (521062.BO)

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

Today's Range

₹4.04₹4.21

Today's Open

₹4.15

Volume

5471.00

P/E Ratio (TTM)

1,310.37

52 Week Range

₹3.44₹6.85

Market Cap

150.83M

Avg. Volume

15.28K

Dividend Yield

Financial Metrics & Statements of Perfect-Octave Media Projects Ltd (521062.BO)

FAQ's for Perfect-Octave Media Projects Ltd (521062.BO)

According to Musaffa’s Shariah screening methodology, Perfect-Octave Media Projects Ltd (521062.BO) is currently classified as NOT HALAL 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.