Is Purohit Construction Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Purohit Construction Ltd (538993.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 Purohit Construction 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 Purohit Construction Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Purohit Construction Ltd?

Muslim investors may consider investing in Purohit Construction 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 Purohit Construction Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Purohit Construction 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 Purohit Construction Ltd updated?

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

Can a halal stock like Purohit Construction 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 Purohit Construction Ltd?

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

Purohit Construction Ltd 538993.BO

₹15.77

Last Updated: Mar 02, 12:00 AM·BSE

538993.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2024

Report Source: 2024 Annual Report

Purohit Construction Ltd. Stock Analysis 538993.BO

India N/A Nano Cap Report: 2024 Annual

Purohit Construction Ltd. operates as a real estate developer. The company is headquartered in Ahmedabad, Gujarat and currently employs 6 full-time employees. The company went IPO on 2015-03-04. The Company’s segments include Construction, and Other Goods/ Material Related to construction (Traded). The Company’s residential development projects include Sopan Life Style, Sopan Elegance, Sopan Heights, Sopan Sagar, Status II (Low Rise), Sopan Residency, Silver Shine, Silver Nine, Silver Coin, Sukh Sagar, Ami Appartment, and others. Its commercial development projects include Devarsh Sopan Junction, Sopan Palladium, Purohit House, Purohit Avenue, BK House, Shaswat, and Sukan. The Company’s corporate social responsibility (CSR) development projects include Shree Siddhivinayak Devasthan, and Podar Jumbo Kids.

Key Statistics of Purohit Construction Ltd (538993.BO)

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

Today's Range

₹15.77₹15.77

Today's Open

₹15.77

Volume

440.00

P/E Ratio (TTM)

52 Week Range

₹10.80₹18.18

Market Cap

35.33M

Avg. Volume