Is Madhav Infra Projects Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Madhav Infra Projects Ltd (539894.BO) is currently classified as NOT HALAL as of January 2026. 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 Madhav Infra Projects 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 Madhav Infra Projects Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Madhav Infra Projects Ltd?

Muslim investors may consider investing in Madhav Infra Projects 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 Madhav Infra Projects Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Madhav Infra Projects 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 Madhav Infra Projects Ltd updated?

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

Can a halal stock like Madhav Infra Projects 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 Madhav Infra Projects Ltd?

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

Madhav Infra Projects Ltd 539894.BO

₹8.53 ₹0.41 (4.59%) 1D

Last Updated: May 15, 12:00 AM·BSE

539894.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 11, 2026

Report Source: 2026 2nd Quarter Report

Madhav Infra Projects Ltd. Stock Analysis 539894.BO

India Industrials Nano Cap Report: Q2, 2026

Madhav Infra Projects Ltd. engages in the development, construction, operation, and maintenance of infrastructure projects. The firm is engaged in the development, construction, as well as operation and maintenance of infrastructure projects. The firm also engaged in the business of power generation business, including solar and hydro. The firm undertakes infrastructure development projects directly or indirectly through Special Purpose Vehicle. The Company’s subsidiaries are involved in the business of developing the infrastructure and renewables at pan India. The firm is also building, developing, and maintaining highways, bridges and roads. The Company, through its subsidiary, MI Solar (I) Private Limited, is engaged in the business of renewable energy through solar generation, trading and transmitting. Its subsidiaries also include Madhav (Aaron Sindh Road) Private Limited, Badi Baktara Toll Private Limited, and MI Solar (India) Private Limited.

Key Statistics of Madhav Infra Projects Ltd (539894.BO)

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

Today's Range

₹8.10₹8.98

Today's Open

₹8.94

Volume

215.95K

P/E Ratio (TTM)

9.52

52 Week Range

₹6.65₹16.20

Market Cap

2.40B

Avg. Volume

117.14K

Dividend Yield

Financial Metrics & Statements of Madhav Infra Projects Ltd (539894.BO)

FAQ's for Madhav Infra Projects Ltd (539894.BO)

According to Musaffa’s Shariah screening methodology, Madhav Infra Projects Ltd (539894.BO) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.