Is Digidrive Distributors Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Digidrive Distributors Ltd (DIGIDRIVE.NS) is currently classified as HALAL as of January 2026. 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 Digidrive Distributors 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 Digidrive Distributors Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Digidrive Distributors Ltd?

Muslim investors may consider investing in Digidrive Distributors 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 Digidrive Distributors Ltd classified as HALAL?

Musaffa determines the Shariah status of Digidrive Distributors 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 Digidrive Distributors Ltd updated?

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

Can a halal stock like Digidrive Distributors 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 Digidrive Distributors Ltd?

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

Digidrive Distributors Ltd DIGIDRIVE.NS

₹22.88 ₹0.73 (3.30%) 1D

Last Updated: May 15, 12:00 AM·NSE

DIGIDRIVE.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 16, 2026

Report Source: 2026 2nd Quarter Report

Digidrive Distributors Ltd. Stock Analysis DIGIDRIVE.NS

India Communication Services Nano Cap Report: Q2, 2026

Digidrive Distributors Ltd wholesales and commission trade. The company is headquartered in Mumbai, Maharashtra and currently employs 8 full-time employees. The company went IPO on 2024-01-10. The Company’s segments include Trading, Publication and Investment. The trading segment is engaged in specialized master distributorship for retailing goods on all digital marketplaces. The publication segment publishes the weekly current affairs magazine, OPEN, through its publication business. Its core business revolves around making thousands of preloaded, evergreen songs readily available to the audience, primarily through its robust digital marketplace and commerce platform. Its product portfolio includes Carvaan Digital Audio Player, Carvaan Music Bar, Carvaan Mini and Carvaan Mobile. Carvaan Digital Audio Player is a digital audio player that comes preloaded with around 250 to 5,000 evergreen tracks. Carvaan Music Bar is a soundbar that delivers superior audio clarity, while featuring a selection of classic tracks.

Key Statistics of Digidrive Distributors Ltd (DIGIDRIVE.NS)

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

Today's Range

₹22.09₹22.95

Today's Open

₹22.15

Volume

35.36K

P/E Ratio (TTM)

10.78

52 Week Range

₹16.10₹36.85

Market Cap

909.29M

Avg. Volume

38.37K

Dividend Yield

Financial Metrics & Statements of Digidrive Distributors Ltd (DIGIDRIVE.NS)

FAQ's for Digidrive Distributors Ltd (DIGIDRIVE.NS)

According to Musaffa’s Shariah screening methodology, Digidrive Distributors Ltd (DIGIDRIVE.NS) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.