Is Polymac Thermoformers Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Polymac Thermoformers Ltd (537573.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 Polymac Thermoformers 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 Polymac Thermoformers Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Polymac Thermoformers Ltd?

Muslim investors may consider investing in Polymac Thermoformers 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 Polymac Thermoformers Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Polymac Thermoformers 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 Polymac Thermoformers Ltd updated?

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

Can a halal stock like Polymac Thermoformers 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 Polymac Thermoformers Ltd?

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

Polymac Thermoformers Ltd 537573.BO

₹13.92

Last Updated: May 08, 12:00 AM·BSE

537573.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 08, 2022

Report Source: 2021 Annual Report

Polymac Thermoformers Ltd. Stock Analysis 537573.BO

India Materials Nano Cap Report: 2021 Annual

Polymac Thermoformers Ltd. engages in the manufacture and trade of disposable plastic products. The company is headquartered in Kolkata, West Bengal and currently employs 3 full-time employees. The company went IPO on 2014-02-26. The firm is also engaged in manufacturing cups, bowls and others. These are fast replacing conventional glasses, and cups, which are manufactured by thermoforming technique.

Key Statistics of Polymac Thermoformers Ltd (537573.BO)

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

Today's Range

₹13.92₹13.92

Today's Open

₹13.92

Volume

800.00

P/E Ratio (TTM)

150.75

52 Week Range

₹11.31₹20.31

Market Cap

79.50M

Avg. Volume

2844.44

Dividend Yield

Financial Metrics & Statements of Polymac Thermoformers Ltd (537573.BO)

FAQ's for Polymac Thermoformers Ltd (537573.BO)

According to Musaffa’s Shariah screening methodology, Polymac Thermoformers Ltd (537573.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.