Is Akanksha Power and Infrastructure Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Akanksha Power and Infrastructure Ltd (AKANKSHA.NS) is currently classified as HALAL as of January 2025. 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 Akanksha Power and Infrastructure 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 Akanksha Power and Infrastructure Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Akanksha Power and Infrastructure Ltd?

Muslim investors may consider investing in Akanksha Power and Infrastructure 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 Akanksha Power and Infrastructure Ltd classified as HALAL?

Musaffa determines the Shariah status of Akanksha Power and Infrastructure 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 Akanksha Power and Infrastructure Ltd updated?

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

Can a halal stock like Akanksha Power and Infrastructure 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 Akanksha Power and Infrastructure Ltd?

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

Akanksha Power and Infrastructure Ltd AKANKSHA.NS

₹89.95 ₹3.85 (4.47%) 1D

Last Updated: May 15, 12:00 AM·NSE

AKANKSHA.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 11, 2025

Report Source: 2025 2nd Quarter Report

Akanksha Power and Infrastructure Ltd. Stock Analysis AKANKSHA.NS

India Industrials Nano Cap Report: Q2, 2025

Akanksha Power & Infrastructure Ltd. engages in the manufacturing of electric equipment, electrical panels, instrument transformers, and vacuum contactors. The company is headquartered in Nasik, Maharashtra and currently employs 966 full-time employees. The company went IPO on 2024-01-03. The firm is mainly engaged in providing solutions for reactive power management and advanced metering solution to take care of aggregated technical and commercial loses of electrical network. The firm specialize in smart electric meters, water meters, components for Power quality solution, its integration, and data management. Its product categories include power quality solutions, AMI solutions, and analytics and software. Its power quality solutions include capacitors, reactors (chokes), switches & breakers, power factor correction, SVG-AHF cabinet and measuring devices. Its AMI Solutions include smart electric solution, smart water solution and smart gas solution. Its analytics and software service includes SIMS and Digital City.

Key Statistics of Akanksha Power and Infrastructure Ltd (AKANKSHA.NS)

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

Today's Range

₹85.00₹90.00

Today's Open

₹86.10

Volume

10.00K

P/E Ratio (TTM)

36.74

52 Week Range

₹57.00₹133.75

Market Cap

1.92B

Avg. Volume

21.29K

Dividend Yield

Financial Metrics & Statements of Akanksha Power and Infrastructure Ltd (AKANKSHA.NS)

FAQ's for Akanksha Power and Infrastructure Ltd (AKANKSHA.NS)

According to Musaffa’s Shariah screening methodology, Akanksha Power and Infrastructure Ltd (AKANKSHA.NS) is currently classified as HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.