Is SRM Energy Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, SRM Energy Ltd (523222.BO) is currently classified as NOT HALAL as of August 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 SRM Energy 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 SRM Energy Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of SRM Energy Ltd?

Muslim investors may consider investing in SRM Energy 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 SRM Energy Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of SRM Energy 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 SRM Energy Ltd updated?

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

Can a halal stock like SRM Energy 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 SRM Energy Ltd?

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

SRM Energy Ltd 523222.BO

₹17.76

Last Updated: May 11, 12:00 AM·BSE

523222.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 21, 2024

Report Source: 2025 1st Quarter Report

SRM Energy Ltd. Stock Analysis 523222.BO

India Utilities Nano Cap Report: Q1, 2025

SRM Energy Ltd. is a holding company, which engages in the provision of generation and transmission of electricity. The company is headquartered in New Delhi, Delhi. The firm is engaged in the power and energy generation business. The firm is involved in setting up a thermal power project through its wholly owned subsidiary, SRM Energy Tamilnadu Private Limited. The company operates in a single reportable business segment, which is the generation of power. The firm is a subsidiary of Spice Energy Private Limited.

Key Statistics of SRM Energy Ltd (523222.BO)

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

Today's Range

₹17.76₹18.58

Today's Open

₹17.76

Volume

33.54K

P/E Ratio (TTM)

52 Week Range

₹10.09₹30.07

Market Cap

166.42M

Avg. Volume

9154.00

Dividend Yield

Financial Metrics & Statements of SRM Energy Ltd (523222.BO)

FAQ's for SRM Energy Ltd (523222.BO)

According to Musaffa’s Shariah screening methodology, SRM Energy Ltd (523222.BO) is currently classified as NOT HALAL as of August 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.