Is Gayatri Projects Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Gayatri Projects Ltd (GAYAPROJ.NS) is currently classified as NOT HALAL as of April 2023. 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 Gayatri Projects 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 Gayatri Projects Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Gayatri Projects Ltd?

Muslim investors may consider investing in Gayatri Projects 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 Gayatri Projects Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Gayatri Projects 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 Gayatri Projects Ltd updated?

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

Can a halal stock like Gayatri Projects 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 Gayatri Projects Ltd?

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

GAYAPROJ.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 18, 2023

Report Source: 2023 3rd Quarter Report

Gayatri Projects Ltd. Stock Analysis GAYAPROJ.NS

India Industrials Nano Cap Report: Q3, 2023

Gayatri Projects Ltd. engages in the provision of infrastructure services. The Company’s operations consist of construction and project activities. The firm is engaged in the executing works in several growth sectors within the infrastructure space such as Roads, Irrigation, Rail, Airports Development, Power, Mining, and Industrial works. The firm has pan India operations within several infrastructure verticals like roads, irrigation works, water distribution works, mining works & industrial construction projects. The firm works primarily with State Government entities, National Highways Authority of India (NHAI), Ministry of Road Transport & Highways (MORTH). The firm has executed projects comprising over 6,842 Lane kms of roads and 425 kms of irrigation canals including Field Channels and several industrial projects. Its subsidiaries include Gayatri Energy Ventures Private Limited and Bhandara Thermal Power Corporation Limited.

Key Statistics of Gayatri Projects Ltd (GAYAPROJ.NS)

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

Today's Range

₹18.02₹18.80

Today's Open

₹18.80

Volume

296.58K

P/E Ratio (TTM)

2.86

52 Week Range

₹6.35₹20.70

Market Cap

3.48B

Avg. Volume

709.77K

Dividend Yield

Financial Metrics & Statements of Gayatri Projects Ltd (GAYAPROJ.NS)

FAQ's for Gayatri Projects Ltd (GAYAPROJ.NS)

According to Musaffa’s Shariah screening methodology, Gayatri Projects Ltd (GAYAPROJ.NS) is currently classified as NOT HALAL as of April 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.