Is Shangar Decor Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shangar Decor Ltd (540259.BO) is currently classified as NOT HALAL as of April 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 Shangar Decor 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 Shangar Decor Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shangar Decor Ltd?

Muslim investors may consider investing in Shangar Decor 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 Shangar Decor Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Shangar Decor 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 Shangar Decor Ltd updated?

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

Can a halal stock like Shangar Decor 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 Shangar Decor Ltd?

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

Shangar Decor Ltd 540259.BO

₹0.23 ₹0.01 (4.17%) 1D

Last Updated: May 15, 12:00 AM·BSE

540259.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 22, 2024

Report Source: 2024 3rd Quarter Report

Shangar Decor Ltd. Stock Analysis 540259.BO

India N/A Nano Cap Report: Q3, 2024

Shangar Decor Ltd. engages in the provision of décor related services. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2017-01-23. The firm operates in one segment, namely Decoration and Event Management. The company offers decor-related services that range from pre-wedding events, theme weddings, corporate events, religious events, property decor, light decor, and catering operating services. The company also provides services for meeting management, which include trade shows, exhibitions, convocations, seminars, state and national level conferences, destination weddings and creative events, for the brands. Its primary event services include pre-wedding decor, corporate event decor, religious event decor, and light decor. The company provides services for both social and cultural events. The company also provides online services.

Key Statistics of Shangar Decor Ltd (540259.BO)

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

Today's Range

₹0.23₹0.24

Today's Open

₹0.24

Volume

2.91M

P/E Ratio (TTM)

14.57

52 Week Range

₹0.17₹0.89

Market Cap

122.59M

Avg. Volume

1.13M

Dividend Yield

Financial Metrics & Statements of Shangar Decor Ltd (540259.BO)

FAQ's for Shangar Decor Ltd (540259.BO)

According to Musaffa’s Shariah screening methodology, Shangar Decor Ltd (540259.BO) is currently classified as NOT HALAL as of April 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.