Is Advance Metering Technology Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Advance Metering Technology Ltd (534612.BO) is currently classified as NOT HALAL as of January 2025. 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 Advance Metering Technology 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 Advance Metering Technology Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Advance Metering Technology Ltd?

Muslim investors may consider investing in Advance Metering Technology 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 Advance Metering Technology Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Advance Metering Technology 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 Advance Metering Technology Ltd updated?

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

Can a halal stock like Advance Metering Technology 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 Advance Metering Technology Ltd?

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

Advance Metering Technology Ltd 534612.BO

₹19.43 ₹0.38 (1.99%) 1D

Last Updated: May 15, 12:00 AM·BSE

534612.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 04, 2025

Report Source: 2025 2nd Quarter Report

Advance Metering Technology Ltd. Stock Analysis 534612.BO

India Utilities Nano Cap Report: Q2, 2025

Advance Metering Technology Ltd. engages in the manufacture and selling of energy meters. The company is headquartered in Noida, Uttar Pradesh and currently employs 94 full-time employees. The company went IPO on 2012-08-06. The firm is engaged in manufacturing and selling of energy meters and provides technical services relating to the energy sector. The company is also in the business of wind power generation through windmills/ other renewable energy sources. The firm's segments include Meters and Others and Power Generation. The Meter and Others segment includes the sale of energy meters and others, rental income, installation services, estate management services and energy performance certificate (EPC) work. The Power Generation segment includes the sale of electricity generation through wind. The company operates in the Energy Sector and within the business segment, Energy Generation, Energy Measurement and Energy Management. The Company’s wholly owned subsidiaries include PKR Energy Limited, Global Power and Trading (GPAT) PTE. Ltd., Advance Power and Trading GMBH and PKR Technologies Canada Ltd.

Key Statistics of Advance Metering Technology Ltd (534612.BO)

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

Today's Range

₹18.96₹19.49

Today's Open

₹19.05

Volume

624.00

P/E Ratio (TTM)

52 Week Range

₹12.00₹32.80

Market Cap

317.94M

Avg. Volume

1826.68

Dividend Yield

Financial Metrics & Statements of Advance Metering Technology Ltd (534612.BO)

FAQ's for Advance Metering Technology Ltd (534612.BO)

According to Musaffa’s Shariah screening methodology, Advance Metering Technology Ltd (534612.BO) is currently classified as NOT HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.