Is Nikita Greentech Recycling Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Nikita Greentech Recycling Ltd (NIKITA.NS) is currently classified as NOT 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 Nikita Greentech Recycling 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 Nikita Greentech Recycling Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Nikita Greentech Recycling Ltd?

Muslim investors may consider investing in Nikita Greentech Recycling 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 Nikita Greentech Recycling Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Nikita Greentech Recycling 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 Nikita Greentech Recycling Ltd updated?

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

Can a halal stock like Nikita Greentech Recycling 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 Nikita Greentech Recycling Ltd?

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

Nikita Greentech Recycling Ltd NIKITA.NS

₹87.00 ₹0.20 (0.23%) 1D

Last Updated: May 15, 12:00 AM·NSE

NIKITA.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 06, 2026

Report Source: 2026 2nd Quarter Report

Nikita Greentech Recycling Ltd. Stock Analysis NIKITA.NS

India Materials Nano Cap Report: Q2, 2026

Nikita Greentech Recycling Ltd. engages in the manufacture and supply of kraft paper to cater to the specialty paper market in India. The firm focuses on green technologies, recycling, waste management, and sustainability-driven initiatives.

Key Statistics of Nikita Greentech Recycling Ltd (NIKITA.NS)

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

Today's Range

₹87.00₹91.10

Today's Open

₹87.20

Volume

37.20K

P/E Ratio (TTM)

13.02

52 Week Range

₹77.15₹156.00

Market Cap

2.71B

Avg. Volume

43.60K

Dividend Yield

Financial Metrics & Statements of Nikita Greentech Recycling Ltd (NIKITA.NS)

FAQ's for Nikita Greentech Recycling Ltd (NIKITA.NS)

According to Musaffa’s Shariah screening methodology, Nikita Greentech Recycling Ltd (NIKITA.NS) is currently classified as NOT 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.