Is Times Green Energy (India) Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Times Green Energy (India) Ltd (543310.BO) is currently classified as HALAL as of August 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 Times Green Energy (India) 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 Times Green Energy (India) Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Times Green Energy (India) Ltd?

Muslim investors may consider investing in Times Green Energy (India) 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 Times Green Energy (India) Ltd classified as HALAL?

Musaffa determines the Shariah status of Times Green Energy (India) 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 Times Green Energy (India) Ltd updated?

The Shariah compliance status of Times Green Energy (India) Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Times Green Energy (India) 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 Times Green Energy (India) Ltd?

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

Times Green Energy (India) Ltd 543310.BO

₹45.82

Last Updated: May 11, 12:00 AM·BSE

543310.BO Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: August 19, 2024

Report Source: 2024 Annual Report

Times Green Energy (India) Ltd. Stock Analysis 543310.BO

India Consumer Discretionary Nano Cap Report: 2024 Annual

Times Green Energy (India) Ltd. engages in farming and selling of agricultural products and trading of organic, bio products, and pesticides. The company is headquartered in Hyderabad, Telangana and currently employs 12 full-time employees. The company went IPO on 2021-06-30. The firm manufactures organic fertilizers through agri-waste management systems with technical support from industries, along with manufacturing of sanitary napkins and other women's hygiene products. The Company’s verticals include agriculture, women's hygiene and e-commerce. Its two manufacturing units are located in and around Hyderabad. The Company, under its brand kisantimes.life offers various agricultural products. Rajjguru Institute of Medical Sciences Private Limited is a subsidiary of the Company.

Key Statistics of Times Green Energy (India) Ltd (543310.BO)

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

Today's Range

₹45.82₹45.82

Today's Open

₹45.82

Volume

4000.00

P/E Ratio (TTM)

63.88

52 Week Range

₹37.80₹102.50

Market Cap

245.65M

Avg. Volume

12.00K

Dividend Yield

Financial Metrics & Statements of Times Green Energy (India) Ltd (543310.BO)

FAQ's for Times Green Energy (India) Ltd (543310.BO)

According to Musaffa’s Shariah screening methodology, Times Green Energy (India) Ltd (543310.BO) is currently classified as HALAL as of August 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.