Is Plaza Wires Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Plaza Wires Ltd (PLAZACABLE.NS) is currently classified as 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 Plaza Wires 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 Plaza Wires Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Plaza Wires Ltd?

Muslim investors may consider investing in Plaza Wires 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 Plaza Wires Ltd classified as HALAL?

Musaffa determines the Shariah status of Plaza Wires 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 Plaza Wires Ltd updated?

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

Can a halal stock like Plaza Wires 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 Plaza Wires Ltd?

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

Plaza Wires Ltd PLAZACABLE.NS

₹46.88 ₹0.05 (0.11%) 1D

Last Updated: May 15, 12:00 AM·NSE

PLAZACABLE.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 09, 2026

Report Source: 2026 2nd Quarter Report

Plaza Wires Ltd. Stock Analysis PLAZACABLE.NS

India Industrials Nano Cap Report: Q2, 2026

Plaza Wires Ltd. engages in the manufacturing and selling of wires, and selling and marketing of LT aluminum cables and fast moving electrical goods. The company is headquartered in New Delhi, Delhi and currently employs 200 full-time employees. The company went IPO on 2023-10-12. The firm is engaged in the business of manufacturing and selling wires and selling and marketing low tension (LT) aluminum cables and fast-moving electrical goods (FMEG) under its flagship brand PLAZA CABLES and home brands such as Action Wires and plastic cable gland (PCG). Its products include Plaza Cables, Action Cables, Plaza Fan and Immersion Heater and Iron. Its Plaza Cables include round cables, telephone cables, coaxial cables, flat submersible cables, closed-circuit television (CCTV) cables, control cables, among others. Its Plaza Fan includes ceiling fan, table fan, wall fan, pedestal fan, fresh air fan, and ventilation fan. Its Immersion Heater and Iron include immersion water heaters, lio, insta, and dasher. The firm is also engaged in manufacturing self-ballasted lamps for general lighting services (CFLEB), which is an energy-saving bulb and conforms.

Key Statistics of Plaza Wires Ltd (PLAZACABLE.NS)

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

Today's Range

₹46.88₹48.35

Today's Open

₹46.93

Volume

53.13K

P/E Ratio (TTM)

83.01

52 Week Range

₹27.00₹65.34

Market Cap

1.80B

Avg. Volume

238.19K

Dividend Yield

Financial Metrics & Statements of Plaza Wires Ltd (PLAZACABLE.NS)

FAQ's for Plaza Wires Ltd (PLAZACABLE.NS)

According to Musaffa’s Shariah screening methodology, Plaza Wires Ltd (PLAZACABLE.NS) is currently classified as 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.