Is Gagan Gases Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Gagan Gases Ltd (524624.BO) is currently classified as NOT HALAL as of October 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 Gagan Gases 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 Gagan Gases Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Gagan Gases Ltd?

Muslim investors may consider investing in Gagan Gases 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 Gagan Gases Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Gagan Gases 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 Gagan Gases Ltd updated?

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

Can a halal stock like Gagan Gases 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 Gagan Gases Ltd?

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

Gagan Gases Ltd 524624.BO

₹16.91

Last Updated: May 15, 12:00 AM·BSE

524624.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 12, 2024

Report Source: 2025 1st Quarter Report

Gagan Gases Ltd. Stock Analysis 524624.BO

India Energy Nano Cap Report: Q1, 2025

Gagan Gases Ltd. engages in the distribution of liquefied petroleum gas (LPG) in the private sector. The company is headquartered in Dhar, Madhya Pradesh. The firm operates LPG bottling plant in Pithampur, Dhar District, in the private sector and markets LPG in 17 / 21 / 33 kg cylinders. The company also specializes in the marketing of commercial and industrial LPG. The firm is also engaged in providing LPG Bottling assistance to Reliance and Aegis Gas.

Key Statistics of Gagan Gases Ltd (524624.BO)

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

Today's Range

₹16.91₹16.91

Today's Open

₹16.91

Volume

269.00

P/E Ratio (TTM)

27.50

52 Week Range

₹11.90₹37.69

Market Cap

71.91M

Avg. Volume

4363.23

Dividend Yield

Financial Metrics & Statements of Gagan Gases Ltd (524624.BO)

Community-Curated Collections with Gagan Gases Ltd (524624.BO) ( With 524624.BO )

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Community-Curated Collections are thoughtfully selected groups of stocks or assets, curated by investors and experts based on shared themes, values, or investment strategies.

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FAQ's for Gagan Gases Ltd (524624.BO)

According to Musaffa’s Shariah screening methodology, Gagan Gases Ltd (524624.BO) is currently classified as NOT HALAL as of October 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.