Is Hindustan Bio Sciences Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Hindustan Bio Sciences Ltd (532041.BO) is currently classified as NOT HALAL as of May 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 Hindustan Bio Sciences 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 Hindustan Bio Sciences Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Hindustan Bio Sciences Ltd?

Muslim investors may consider investing in Hindustan Bio Sciences 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 Hindustan Bio Sciences Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Hindustan Bio Sciences 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 Hindustan Bio Sciences Ltd updated?

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

Can a halal stock like Hindustan Bio Sciences 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 Hindustan Bio Sciences Ltd?

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

Hindustan Bio Sciences Ltd 532041.BO

₹8.86 ₹0.78 (8.09%) 1D

Last Updated: May 15, 12:00 AM·BSE

532041.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 22, 2024

Report Source: 2024 3rd Quarter Report

Hindustan Bio Sciences Ltd. Stock Analysis 532041.BO

India Health Care Nano Cap Report: Q3, 2024

Hindustan Bio Sciences Ltd. engages in the trade of pharmaceuticals and medical goods. The company is headquartered in Hyderabad, Telangana and currently employs 2 full-time employees. The company went IPO on 2005-07-07. The firm is involved in the trading of drugs and medicine. The firm has manufacturing facilities for dry and liquid injectables, liquid/dry syrups, eye/ear/nasal drops, pre-filled syringes and non-sterile/sterile ointments, tablets, and capsules. Its products include tablets, capsules, drops, externels, and syrups.

Key Statistics of Hindustan Bio Sciences Ltd (532041.BO)

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

Today's Range

₹8.75₹9.64

Today's Open

₹9.64

Volume

6689.00

P/E Ratio (TTM)

91.53

52 Week Range

₹5.00₹10.32

Market Cap

94.35M

Avg. Volume

9319.73

Dividend Yield

Financial Metrics & Statements of Hindustan Bio Sciences Ltd (532041.BO)

FAQ's for Hindustan Bio Sciences Ltd (532041.BO)

According to Musaffa’s Shariah screening methodology, Hindustan Bio Sciences Ltd (532041.BO) is currently classified as NOT HALAL as of May 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.