Is Tasty Dairy Specialities Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Tasty Dairy Specialities Ltd (540955.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 Tasty Dairy Specialities 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 Tasty Dairy Specialities Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Tasty Dairy Specialities Ltd?

Muslim investors may consider investing in Tasty Dairy Specialities 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 Tasty Dairy Specialities Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Tasty Dairy Specialities 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 Tasty Dairy Specialities Ltd updated?

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

Can a halal stock like Tasty Dairy Specialities 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 Tasty Dairy Specialities Ltd?

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

Tasty Dairy Specialities Ltd 540955.BO

₹5.36

Last Updated: May 11, 12:00 AM·BSE

540955.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 17, 2024

Report Source: 2024 Annual Report

Tasty Dairy Specialities Ltd. Stock Analysis 540955.BO

India Consumer Staples Nano Cap Report: 2024 Annual

Tasty Dairy Specialities Ltd. engages in the manufacture and distribution of dairy products. The company is headquartered in Kanpur Dehat, Uttar Pradesh. The company went IPO on 2018-02-21. The firm is also engaged in the manufacturing and sale of ghee, butter, milk powder, packaged milk and other milk products. The firm manufactures a range of dairy products, which includes pasteurized liquid milk, cream, butter (white/salted), pure desi ghee (clarified butter), paneer (fresh cottage cheese), skimmed milk powder, full cream milk powder, dairy whitener, instant gulab jamun mix, peda, and mithai powder, among others. The firm offers its products under the brand names UJJWAL, SHIKHAR, VERIFRESH, CIMA, and MITHAI MASTER.

Key Statistics of Tasty Dairy Specialities Ltd (540955.BO)

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

Today's Range

₹5.36₹5.36

Today's Open

₹5.36

Volume

3035.00

P/E Ratio (TTM)

52 Week Range

₹4.78₹11.20

Market Cap

127.47M

Avg. Volume

4810.00

Dividend Yield

Financial Metrics & Statements of Tasty Dairy Specialities Ltd (540955.BO)

FAQ's for Tasty Dairy Specialities Ltd (540955.BO)

According to Musaffa’s Shariah screening methodology, Tasty Dairy Specialities Ltd (540955.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.