Is Kiran Syntex Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Kiran Syntex Ltd (530443.BO) is currently classified as NOT HALAL as of June 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 Kiran Syntex 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 Kiran Syntex Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Kiran Syntex Ltd?

Muslim investors may consider investing in Kiran Syntex 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 Kiran Syntex Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Kiran Syntex 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 Kiran Syntex Ltd updated?

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

Can a halal stock like Kiran Syntex 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 Kiran Syntex Ltd?

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

Kiran Syntex Ltd 530443.BO

₹18.50 ₹0.35 (1.86%) 1D

Last Updated: May 15, 12:00 AM·BSE

530443.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 05, 2024

Report Source: 2024 Annual Report

Kiran Syntex Ltd. Stock Analysis 530443.BO

India Consumer Discretionary Nano Cap Report: 2024 Annual

Kiran Syntex Ltd. engages in the manufacture and trade of polyester dyed yarns. The company is headquartered in Surat, Gujarat and currently employs 1 full-time employees. The firm is a manufacturer and supplier of yarns. The firm operates through the TEXTILES segment. The company manufactures and supplies a range of Polyster Dyed Yarns, which include Polyster Filament Dyed Yarn, Polyster Air Textured Dyed Yarn, Polyster Slub Dyed Yarn, Polyster Bright & Filament Dyed Yarn, Polyster Double Bright Filament embroidery Yarn, Polyster Air textured Dyed Yarn, Polyster Mono Dyed Bright & semidull yarn, and Polyster Space Dyed Yarn. Its products are available in different colors and deniers and are used by circular knitters, manufacturers of hosiery, and water jet looms.

Key Statistics of Kiran Syntex Ltd (530443.BO)

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

Today's Range

₹18.50₹18.85

Today's Open

₹18.85

Volume

2.00

P/E Ratio (TTM)

52 Week Range

₹6.86₹20.00

Market Cap

83.51M

Avg. Volume

429.20

Dividend Yield

Financial Metrics & Statements of Kiran Syntex Ltd (530443.BO)

FAQ's for Kiran Syntex Ltd (530443.BO)

According to Musaffa’s Shariah screening methodology, Kiran Syntex Ltd (530443.BO) is currently classified as NOT HALAL as of June 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.