Is Palco Metals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Palco Metals Ltd (539121.BO) is currently classified as NOT HALAL as of September 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 Palco Metals 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 Palco Metals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Palco Metals Ltd?

Muslim investors may consider investing in Palco Metals 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 Palco Metals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Palco Metals 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 Palco Metals Ltd updated?

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

Can a halal stock like Palco Metals 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 Palco Metals Ltd?

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

Palco Metals Ltd 539121.BO

₹144.50 ₹2.50 (1.76%) 1D

Last Updated: May 15, 12:00 AM·BSE

539121.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 27, 2024

Report Source: 2025 1st Quarter Report

Palco Metals Ltd. Stock Analysis 539121.BO

India N/A Nano Cap Report: Q1, 2025

Palco Metals Ltd. engages in recycling various metals and scrap. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2015-05-04. The firm is engaged in a single segment of manufacturing and trading of non-ferrous metals and all other activities. The firm operates through its subsidiary, Palco Recycle Industries Limited, which is engaged in the business of manufacturing and selling aluminum wire rods and other aluminum dioxidant like aluminum ingot, aluminum notch bar, aluminum shots, and aluminum alloys.

Key Statistics of Palco Metals Ltd (539121.BO)

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

Today's Range

₹140.25₹149.00

Today's Open

₹142.00

Volume

1109.00

P/E Ratio (TTM)

9.47

52 Week Range

₹88.85₹239.90

Market Cap

95.40M

Avg. Volume

2893.68

Dividend Yield

Financial Metrics & Statements of Palco Metals Ltd (539121.BO)

FAQ's for Palco Metals Ltd (539121.BO)

According to Musaffa’s Shariah screening methodology, Palco Metals Ltd (539121.BO) is currently classified as NOT HALAL as of September 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.