Is Padmanabh Alloys and Polymers Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Padmanabh Alloys and Polymers Ltd (531779.BO) is currently classified as HALAL as of February 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 Padmanabh Alloys and Polymers 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 Padmanabh Alloys and Polymers Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Padmanabh Alloys and Polymers Ltd?

Muslim investors may consider investing in Padmanabh Alloys and Polymers 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 Padmanabh Alloys and Polymers Ltd classified as HALAL?

Musaffa determines the Shariah status of Padmanabh Alloys and Polymers 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 Padmanabh Alloys and Polymers Ltd updated?

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

Can a halal stock like Padmanabh Alloys and Polymers 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 Padmanabh Alloys and Polymers Ltd?

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

Padmanabh Alloys and Polymers Ltd 531779.BO

₹14.00

Last Updated: May 14, 12:00 AM·BSE

531779.BO Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: February 06, 2024

Report Source: 2024 2nd Quarter Report

Padmanabh Alloys and Polymers Ltd. Stock Analysis 531779.BO

India N/A Nano Cap Report: Q2, 2024

Padmanabh Alloys & Polymers Ltd. manufactures plastic products. The company is headquartered in Surat, Gujarat and currently employs 27 full-time employees. The firm manufactures mineral filled thermoplastic, mineral master batches, synthetic paper master batches, glass reinforced thermoplastic and other specialty master batches. The company also offers special additive master batches. Its products include General Compounds, which include talc filled polypropylene homopolymer and copolymer, calcium carbonate filled polypropylene homopolymer and copolymer, and wollastonite filled polypropylene homopolymer and copolymer, among others; Engineering Plastic, which includes glass reinforced nylon compound, glass reinforced ABS compound, and polycarbonate-ABS blends and alloys; and Masterbatches, which include anti fibrillation masterbatch for raffia industries, polypropylene based black masterbatch, and other tailor made masterbatches as per customer specification.

Key Statistics of Padmanabh Alloys and Polymers Ltd (531779.BO)

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

Today's Range

₹14.00₹14.00

Today's Open

₹14.00

Volume

1.00

P/E Ratio (TTM)

31.84

52 Week Range

₹12.50₹22.10

Market Cap

96.56M

Avg. Volume

195.83

Dividend Yield

Financial Metrics & Statements of Padmanabh Alloys and Polymers Ltd (531779.BO)

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FAQ's for Padmanabh Alloys and Polymers Ltd (531779.BO)

According to Musaffa’s Shariah screening methodology, Padmanabh Alloys and Polymers Ltd (531779.BO) is currently classified as HALAL as of February 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.