Is Benara Bearings and Pistons Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Benara Bearings and Pistons Ltd (541178.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 Benara Bearings and Pistons 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 Benara Bearings and Pistons Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Benara Bearings and Pistons Ltd?

Muslim investors may consider investing in Benara Bearings and Pistons 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 Benara Bearings and Pistons Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Benara Bearings and Pistons 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 Benara Bearings and Pistons Ltd updated?

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

Can a halal stock like Benara Bearings and Pistons 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 Benara Bearings and Pistons Ltd?

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

Benara Bearings and Pistons Ltd 541178.BO

₹10.50 ₹0.50 (5.00%) 1D

Last Updated: May 11, 12:00 AM·BSE

541178.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 17, 2024

Report Source: 2024 Annual Report

Benara Bearings and Pistons Ltd. Stock Analysis 541178.BO

India Consumer Discretionary Nano Cap Report: 2024 Annual

Benara Bearings & Pistons Ltd. manufactures fabricated metal products. The firm operates through the Auto Mobile Components segment. The company is engaged in manufacturing of pistons, piston pins, piston rings, engine bearings and bushes, cylinder liners and sleeves, air cooled blocks, engine valves, and cam shafts. Its products also include ball bearings, spark plugs, rocker arms, timing chains, valve guides, crank shafts, connecting rods, valve seals, batteries (motorcycle/inverter/e-rikshaw/automotive), solar, metal powder (cu/cu alloy) and water pumps, to enhance the product range to meet the needs of its esteemed customers. The company exports spare parts for applications for trucks, cars, tractors, earth moving equipment, marine engines, agricultural engines, scooters, motorcycles, mopeds, three wheelers.

Key Statistics of Benara Bearings and Pistons Ltd (541178.BO)

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

Today's Range

₹10.00₹10.50

Today's Open

₹10.00

Volume

4000.00

P/E Ratio (TTM)

52 Week Range

₹7.86₹20.49

Market Cap

157.84M

Avg. Volume

3333.33

Dividend Yield

Financial Metrics & Statements of Benara Bearings and Pistons Ltd (541178.BO)

FAQ's for Benara Bearings and Pistons Ltd (541178.BO)

According to Musaffa’s Shariah screening methodology, Benara Bearings and Pistons Ltd (541178.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.