Is Paramount Communications Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Paramount Communications Ltd (PARACABLES.NS) is currently classified as HALAL as of March 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 Paramount Communications 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 Paramount Communications Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Paramount Communications Ltd?

Muslim investors may consider investing in Paramount Communications 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 Paramount Communications Ltd classified as HALAL?

Musaffa determines the Shariah status of Paramount Communications 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 Paramount Communications Ltd updated?

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

Can a halal stock like Paramount Communications 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 Paramount Communications Ltd?

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

PARACABLES.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 06, 2026

Report Source: 2026 3rd Quarter Report

Paramount Communications Ltd. Stock Analysis PARACABLES.NS

India Industrials Micro Cap Report: Q3, 2026

Paramount Communications Ltd. engages in the manufacture and distribution of cables and wires. The company is headquartered in New Delhi, Delhi and currently employs 355 full-time employees. The firm is engaged in the manufacturing business of wires and cables comprising power cables, telecom cables, railway cables and specialized cables. Its segments include Wire and Cables, and Pipes. Its products include high-tension (HT) and low-tension (LT) power cables, HT and LT aerial bunch cables, control and instrumentation cables, optical fiber cables (OFC) and fiber-to-the-home (FTTH), jelly-filled cables, community antenna television (CATV) cables, signaling cables, axle counter cables, railway power cables, polytetrafluoroethylene (PTFE) cables, fire survival cables, solar cables, jumper wires, and multicore cable. The firm has manufacturing units in Khushkhera, Rajasthan and Dharuhera, Haryana. Its products are exported to Australia, Bangladesh, Chile, Ghana, Libya, Myanmar, Nigeria, Tanzania, the United Arab Emirates (UAE), the United Kingdom, the United States and Zambia, among others.

Key Statistics of Paramount Communications Ltd (PARACABLES.NS)

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

Today's Range

₹55.80₹59.50

Today's Open

₹59.50

Volume

2.58M

P/E Ratio (TTM)

20.29

52 Week Range

₹28.30₹62.75

Market Cap

12.28B

Avg. Volume

4.48M

Dividend Yield

Financial Metrics & Statements of Paramount Communications Ltd (PARACABLES.NS)

FAQ's for Paramount Communications Ltd (PARACABLES.NS)

According to Musaffa’s Shariah screening methodology, Paramount Communications Ltd (PARACABLES.NS) is currently classified as HALAL as of March 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.