Is Technopack Polymers Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Technopack Polymers Ltd (543656.BO) is currently classified as 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 Technopack Polymers 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 Technopack Polymers Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Technopack Polymers Ltd?

Muslim investors may consider investing in Technopack Polymers 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 Technopack Polymers Ltd classified as HALAL?

Musaffa determines the Shariah status of Technopack Polymers 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 Technopack Polymers Ltd updated?

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

Can a halal stock like Technopack Polymers 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 Technopack Polymers Ltd?

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

Technopack Polymers Ltd 543656.BO

₹13.00

Last Updated: May 14, 12:00 AM·BSE

543656.BO Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 17, 2024

Report Source: 2024 Annual Report

Technopack Polymers Ltd. Stock Analysis 543656.BO

India Materials Nano Cap Report: 2024 Annual

Technopack Polymers Ltd. engages in the manufacturing plastic and paper products for FMCG packaging. The company is headquartered in Rajkot, Gujarat. The company went IPO on 2022-11-16. The firm provides its customers with an entire range of plastic packaging solutions and corrugated boxes and related packaging material manufacturing company. Its ALASKA 27MM and 26/22 shortneck Cap. The company is a manufacturer and supplier of closures. Its closures product includes Alaska 27MM, which is approximately 27mm light weight (1.35 gram), three start liner less closure for bottled water application and 26/22 Short Neck Cap. Its polyethylene terephthalate (PET) preforms products include 28 ALASKA, 28 PCO 1881 SHORT NECK, 28 PCO 1810, CTC 29/21 NECK, 38MM NECK, 2 THREAD (H176A) for Dairy Industry, 29/25 NECK ETC, and 30/25 NECK.

Key Statistics of Technopack Polymers Ltd (543656.BO)

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

Today's Range

₹13.00₹13.00

Today's Open

₹13.00

Volume

8000.00

P/E Ratio (TTM)

8.40

52 Week Range

₹12.50₹24.46

Market Cap

152.51M

Avg. Volume

6400.00

Dividend Yield

Financial Metrics & Statements of Technopack Polymers Ltd (543656.BO)

FAQ's for Technopack Polymers Ltd (543656.BO)

According to Musaffa’s Shariah screening methodology, Technopack Polymers Ltd (543656.BO) is currently classified as 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.