Is ISMT Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, ISMT Ltd (ISMTLTD.NS) is currently classified as HALAL as of August 2024. 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 ISMT 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 ISMT Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of ISMT Ltd?

Muslim investors may consider investing in ISMT 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 ISMT Ltd classified as HALAL?

Musaffa determines the Shariah status of ISMT 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 ISMT Ltd updated?

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

Can a halal stock like ISMT 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 ISMT Ltd?

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

ISMTLTD.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: August 15, 2024

Report Source: 2025 1st Quarter Report

ISMT Ltd. Stock Analysis ISMTLTD.NS

India Materials Small Cap Report: Q1, 2025

ISMT Ltd. engages in the manufacture of seamless tubes and alloy steel products. The company is headquartered in Pune, Maharashtra. The Company’s products and services include steel, tubes, international piping products (IPP) and ISMT 360. The company produces carbon, alloy and martensitic stainless-steel bars with a special emphasis on ultra-clean steels, free machining steels, bearing steels, and on other specially engineered steel grades. Its tubes are used in a variety of applications, such as the manufacture of auto-components, bearing races, drill rods, boilers and others. Its IPP products include cold rolled and machined bearing rings, cages for constant velocity joints, swaged and machined axles for trucks, honed tubes for cylinders, piston pins, bushes, spacers and others. ISMT 360 is a solution for original equipment manufacturers, small and medium-sized enterprises, and retailers. The company also manufactures cold rolled and machined rings for bearings and constant velocity (CV) joints, and more.

Key Statistics of ISMT Ltd (ISMTLTD.NS)

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

Today's Range

₹118.60₹124.40

Today's Open

₹123.99

Volume

1.02M

P/E Ratio (TTM)

20.80

52 Week Range

₹45.45₹105.00

Market Cap

36.12B

Avg. Volume

1.57M

Dividend Yield

Financial Metrics & Statements of ISMT Ltd (ISMTLTD.NS)

FAQ's for ISMT Ltd (ISMTLTD.NS)

According to Musaffa’s Shariah screening methodology, ISMT Ltd (ISMTLTD.NS) is currently classified as HALAL as of August 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.