Is Sanghvi Brands Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Sanghvi Brands Ltd (540782.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 Sanghvi Brands 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 Sanghvi Brands Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Sanghvi Brands Ltd?

Muslim investors may consider investing in Sanghvi Brands 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 Sanghvi Brands Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Sanghvi Brands 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 Sanghvi Brands Ltd updated?

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

Can a halal stock like Sanghvi Brands 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 Sanghvi Brands Ltd?

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

Sanghvi Brands Ltd 540782.BO

₹13.41

Last Updated: Apr 24, 12:00 AM·BSE

540782.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 09, 2022

Report Source: 2022 Annual Report

Sanghvi Brands Ltd. Stock Analysis 540782.BO

India Consumer Discretionary Nano Cap Report: 2022 Annual

Sanghvi Brands Ltd. engages in the business of branding of national and international brands, dealing in goods and services of such brands and providing spa services. The company is headquartered in Pune, Maharashtra. The company went IPO on 2017-11-22. The firm is engaged in the business of branding national and international brands, dealing in goods and services of such brands and providing spa services. The firm has a portfolio of international lifestyle wellness brands. Its brands include Spa L’OCCITANE, Warren Tricomi Salon & Spa, and ELLE Spa and Salon. The company has approximately 70 spa/ salons / gyms. The firm's subsidiaries include Sanghvi Beauty & Salon Pvt Ltd, Sanghvi Fitness Pvt Ltd, Sanghvi Brands US Holding INC, Sanghvi Brands S L Private limited, and Sanghvi Brands Beauty and Spa LLC.

Key Statistics of Sanghvi Brands Ltd (540782.BO)

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

Today's Range

₹13.41₹13.41

Today's Open

₹13.41

Volume

1000.00

P/E Ratio (TTM)

13.84

52 Week Range

₹7.50₹16.70

Market Cap

143.33M

Avg. Volume

2200.00

Dividend Yield

Financial Metrics & Statements of Sanghvi Brands Ltd (540782.BO)

FAQ's for Sanghvi Brands Ltd (540782.BO)

According to Musaffa’s Shariah screening methodology, Sanghvi Brands Ltd (540782.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.