Is Adeshwar Meditex Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Adeshwar Meditex Ltd (543309.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 Adeshwar Meditex 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 Adeshwar Meditex Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Adeshwar Meditex Ltd?

Muslim investors may consider investing in Adeshwar Meditex 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 Adeshwar Meditex Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Adeshwar Meditex 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 Adeshwar Meditex Ltd updated?

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

Can a halal stock like Adeshwar Meditex 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 Adeshwar Meditex Ltd?

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

Adeshwar Meditex Ltd 543309.BO

₹15.50 ₹0.05 (0.32%) 1D

Last Updated: May 06, 12:00 AM·BSE

543309.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 17, 2024

Report Source: 2023 Annual Report

Adeshwar Meditex Ltd. Stock Analysis 543309.BO

India Health Care Nano Cap Report: 2023 Annual

Adeshwar Meditex Ltd. engages in the manufacture of surgical dressings and external preparations products. The firm's product categories include sterile wound dressings, combine dressing, gauze dressing and cotton products, medical bandages and plaster, antiseptics/disinfectants and other product. Its sterile wound dressings products include Bactigauze, Petronet/Para heal, Bactigauze Plus, Nitro heal, Pividine Povitulle, Povizole, Framitulle, Fusitulle, Calginate-AG Silvinet, Hydrasoothe, Polybane, Polybane-N and antiseptic wound care. Its combine dressing products include Eye Pad and Combidress/Combipad (with or without X-ray thread). Its gauze dressing and cotton products include Cotton Stockinette, Cast Padding - Orthowrap, Rolled Cotton Bandages, Absorbent Cotton Wool, Abdominal Pad, Gauze Swab and Triangular Bandages. Its medical bandages and plaster include Elastic Adhesive Bandage, Cohesive Bandage, Adhesive Tape, Microporous tape and others.

Key Statistics of Adeshwar Meditex Ltd (543309.BO)

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

Today's Range

₹15.50₹18.25

Today's Open

₹15.55

Volume

18.00K

P/E Ratio (TTM)

11.52

52 Week Range

₹13.30₹21.80

Market Cap

223.31M

Avg. Volume

10.00K

Dividend Yield

Financial Metrics & Statements of Adeshwar Meditex Ltd (543309.BO)

FAQ's for Adeshwar Meditex Ltd (543309.BO)

According to Musaffa’s Shariah screening methodology, Adeshwar Meditex Ltd (543309.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.