Is Shree Metalloys Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shree Metalloys Ltd (531962.BO) is currently classified as NOT HALAL as of November 2022. 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 Shree Metalloys 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 Shree Metalloys Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shree Metalloys Ltd?

Muslim investors may consider investing in Shree Metalloys 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 Shree Metalloys Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Shree Metalloys 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 Shree Metalloys Ltd updated?

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

Can a halal stock like Shree Metalloys 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 Shree Metalloys Ltd?

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

Shree Metalloys Ltd 531962.BO

₹41.45 ₹1.25 (2.93%) 1D

Last Updated: May 15, 12:00 AM·BSE

531962.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 11, 2022

Report Source: 2022 1st Quarter Report

Shree Metalloys Ltd. Stock Analysis 531962.BO

India Industrials Nano Cap Report: Q1, 2022

Shree Metalloys Ltd. engages in the wholesale of metal and nonmetal waste and scrap. The company is headquartered in Ahmedabad, Gujarat and currently employs 10 full-time employees. The firm is engaged in trading of metals.

Key Statistics of Shree Metalloys Ltd (531962.BO)

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

Today's Range

₹40.40₹42.70

Today's Open

₹42.70

Volume

2526.00

P/E Ratio (TTM)

17.25

52 Week Range

₹27.94₹62.29

Market Cap

201.31M

Avg. Volume

4847.95

Dividend Yield

Financial Metrics & Statements of Shree Metalloys Ltd (531962.BO)

FAQ's for Shree Metalloys Ltd (531962.BO)

According to Musaffa’s Shariah screening methodology, Shree Metalloys Ltd (531962.BO) is currently classified as NOT HALAL as of November 2022. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.