AVROIND.NS Shariah Compliance
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Avro India Ltd. Stock Analysis AVROIND.NS
AVRO India Ltd. engages in manufacturing and selling of plastic molded furniture and granules. The company is headquartered in Ghaziabad, Uttar Pradesh. The company went IPO on 2018-07-26. The firm is primarily engaged in the manufacturing and selling of plastic molded furniture and granules. The firm operates through the manufacturing of plastic products and trading of plastic granules LLDPE and scraps of plastics segment. The company sells its products under the brand names including AVON FURNITURE and AVRO FURNITURE among others. Its product portfolio includes tables, stools, chairs, almirah kids’ chairs, and dining table. Its products include Rock Stool, Ludo Stool, Tip Top Stool, 4004 Chair, Signature Gold, Fantasy Chair, Venus Chair, 9956 Chair, and others. Its products are widely accepted in auditoriums, schools, colleges, dhaba, restaurants, hotels, homes, gardens for both indoor and outdoor use. Its products are available offline and online through Amazon, Flipkart, Meesho, Jiomart, Indiamart and GeM and with approximately 20,000 retailers across India.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.