Is Shanti Guru Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shanti Guru Industries Ltd (534708.BO) is currently classified as NOT HALAL as of July 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 Shanti Guru Industries 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 Shanti Guru Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shanti Guru Industries Ltd?

Muslim investors may consider investing in Shanti Guru Industries 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 Shanti Guru Industries Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Shanti Guru Industries 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 Shanti Guru Industries Ltd updated?

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

Can a halal stock like Shanti Guru Industries 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 Shanti Guru Industries Ltd?

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

Shanti Guru Industries Ltd 534708.BO

₹8.50

Last Updated: May 11, 12:00 AM·BSE

534708.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2024

Report Source: 2024 Annual Report

Shanti Guru Industries Ltd. Stock Analysis 534708.BO

India Consumer Discretionary Nano Cap Report: 2024 Annual

Shanti Guru Industries Ltd. engages in the business of trading of food and processed foods, and the operations primarily cater to the needs of the domestic market. The company is headquartered in Chennai, Tamil Nadu. The company went IPO on 2012-10-16. The Company’s primary operating segment is the trading of all types of marketable goods.

Key Statistics of Shanti Guru Industries Ltd (534708.BO)

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

Today's Range

₹8.50₹8.50

Today's Open

₹8.50

Volume

3000.00

P/E Ratio (TTM)

52 Week Range

₹6.81₹13.96

Market Cap

107.88M

Avg. Volume

6545.45

Dividend Yield

Financial Metrics & Statements of Shanti Guru Industries Ltd (534708.BO)

FAQ's for Shanti Guru Industries Ltd (534708.BO)

According to Musaffa’s Shariah screening methodology, Shanti Guru Industries Ltd (534708.BO) is currently classified as NOT HALAL as of July 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.