Is Ashapuri Gold Ornament Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ashapuri Gold Ornament Ltd (542579.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 Ashapuri Gold Ornament 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 Ashapuri Gold Ornament Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ashapuri Gold Ornament Ltd?

Muslim investors may consider investing in Ashapuri Gold Ornament 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 Ashapuri Gold Ornament Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Ashapuri Gold Ornament 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 Ashapuri Gold Ornament Ltd updated?

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

Can a halal stock like Ashapuri Gold Ornament 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 Ashapuri Gold Ornament Ltd?

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

Ashapuri Gold Ornament Ltd 542579.BO

₹4.38 ₹0.17 (3.74%) 1D

Last Updated: May 15, 12:00 AM·BSE

542579.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 16, 2026

Report Source: 2026 2nd Quarter Report

Ashapuri Gold Ornament Ltd. Stock Analysis 542579.BO

India Consumer Discretionary Nano Cap Report: Q2, 2026

Ashapuri Gold Ornament Ltd. engages in the business of manufacture and sale of gold jewellery. The company is headquartered in Ahmedabad, Gujarat and currently employs 88 full-time employees. The company went IPO on 2019-03-27. The firm is engaged in the business of manufacturing and sale of gold jewelry and articles of various designs/specifications. Its product profile includes antique, traditional, bridal contemporary and combination designs across jewelry lines, usages, and price points. The Company’s brands include Kaavis and Maayin. Its collection includes Kundan jewelry and Temple antique designs. The company creates a variety of designs in Indo-western and modern jewelry. The company is a wholesale jewelry supplier in and around Ahmedabad, Delhi, Rajasthan, Punjab, Uttar Pradesh, Kolkata, Chennai, Bangalore and others.

Key Statistics of Ashapuri Gold Ornament Ltd (542579.BO)

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

Today's Range

₹4.29₹4.55

Today's Open

₹4.55

Volume

368.63K

P/E Ratio (TTM)

11.95

52 Week Range

₹3.13₹8.28

Market Cap

1.52B

Avg. Volume

470.79K

Dividend Yield

Financial Metrics & Statements of Ashapuri Gold Ornament Ltd (542579.BO)

FAQ's for Ashapuri Gold Ornament Ltd (542579.BO)

According to Musaffa’s Shariah screening methodology, Ashapuri Gold Ornament Ltd (542579.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.