Is HandsOn Global Management (HGM) Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, HandsOn Global Management (HGM) Ltd (HOVS.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 HandsOn Global Management (HGM) 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 HandsOn Global Management (HGM) Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of HandsOn Global Management (HGM) Ltd?

Muslim investors may consider investing in HandsOn Global Management (HGM) 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 HandsOn Global Management (HGM) Ltd classified as HALAL?

Musaffa determines the Shariah status of HandsOn Global Management (HGM) 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 HandsOn Global Management (HGM) Ltd updated?

The Shariah compliance status of HandsOn Global Management (HGM) Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like HandsOn Global Management (HGM) 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 HandsOn Global Management (HGM) Ltd?

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

HOVS.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 04, 2025

Report Source: 2025 2nd Quarter Report

HandsOn Global Management (HGM) Ltd. Stock Analysis HOVS.NS

India Information Technology Nano Cap Report: Q2, 2025

HOV Services Ltd. engages in the provision of computer solutions including software development and support services. The company is headquartered in Pune, Maharashtra. The company went IPO on 2006-09-22. The firm is focused on providing customers’ support services in Europe (including the United Kingdom, Germany, Poland, France, Sweden, Belgium, Netherlands) in the areas of enterprise information management, business process management, revenue cycle management, cloud and artificial intelligence (AI) technology and others.

Key Statistics of HandsOn Global Management (HGM) Ltd (HOVS.NS)

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

Today's Range

₹71.35₹74.99

Today's Open

₹73.70

Volume

4384.00

P/E Ratio (TTM)

34.53

52 Week Range

₹41.50₹87.40

Market Cap

927.49M

Avg. Volume

3155.00

Dividend Yield

Financial Metrics & Statements of HandsOn Global Management (HGM) Ltd (HOVS.NS)

FAQ's for HandsOn Global Management (HGM) Ltd (HOVS.NS)

According to Musaffa’s Shariah screening methodology, HandsOn Global Management (HGM) Ltd (HOVS.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.