Is Davangere Sugar Company Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Davangere Sugar Company Ltd (543267.BO) is currently classified as NOT HALAL as of May 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 Davangere Sugar Company 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 Davangere Sugar Company Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Davangere Sugar Company Ltd?

Muslim investors may consider investing in Davangere Sugar Company 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 Davangere Sugar Company Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Davangere Sugar Company 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 Davangere Sugar Company Ltd updated?

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

Can a halal stock like Davangere Sugar Company 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 Davangere Sugar Company Ltd?

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

Davangere Sugar Company Ltd 543267.BO

₹3.90 ₹0.06 (1.56%) 1D

Last Updated: May 15, 12:00 AM·BSE

543267.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated:

Report Source: undefined Quarter Report

Davangere Sugar Company Ltd. Stock Analysis 543267.BO

India Consumer Staples Micro Cap

Davangere Sugar Co. Ltd. engages in the manufacturing and sale of sugar. The company is headquartered in Bangalore, Karnataka and currently employs 433 full-time employees. The company went IPO on 2021-03-19. The firm's segments include Sugar, Co-generation, Aviation, Distillery, and Others. The company is focused in the sector of sugar, ethanol and co-generation industry. The firm is producing green energy by installing molasses/sugar syrup and grain-based ethanol unit. Its manufacturing capacity of sugar is approximately 4750 tons of cane per day (TCD), distillery is 65 kilo liters per day (KLPD). Its co-generation power plant, occupying 1,23,018 square feet, boasts an installed capacity of 24.45 megawatts (MWs) per day. The Company’s sugar unit buildings span an area of approximately 2,83,874 square feet. Additionally, the Company has five warehouses, with a combined capacity to store over six lakh quintals of sugar.

Key Statistics of Davangere Sugar Company Ltd (543267.BO)

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

Today's Range

₹3.76₹4.00

Today's Open

₹3.84

Volume

1.23M

P/E Ratio (TTM)

49.95

Financial Metrics & Statements of Davangere Sugar Company Ltd (543267.BO)

FAQ's for Davangere Sugar Company Ltd (543267.BO)

According to Musaffa’s Shariah screening methodology, Davangere Sugar Company Ltd (543267.BO) is currently classified as NOT HALAL as of May 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.