Precision Metaliks Ltd PRECISION.NS
₹6.50 ₹0.30 (4.41%) 1D
Last Updated: Oct 05, 12:00 AM·NSE
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Is Precision Metaliks Ltd Stock Halal?
Shariah Compliance Analysis of PRECISION.NS Stock
India N/A Nano Cap No. As of October 2026, Precision Metaliks Ltd (PRECISION.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Precision Metaliks Ltd does not pass Musaffa's business and financial screening criteria.
Precision Metaliks Ltd. engages in the provision of trading and manufacturing of aluminum alloy wheels. The company is headquartered in Vishakhapatnam, Andhra Pradesh and currently employs 16 full-time employees. The company went IPO on 2022-02-01. The firm is engaged in processing of semi-finished alloy wheels by rendering value-added services and other engineering services. The company processes semi-finished/raw cast alloy wheels to finished alloy wheels by carrying value-added services, such as cleaning, polishing, buffing, Plating, testing, and packing. Through the cleaning process, it first runs aluminum chips/filings, through an automatic magnetic separator, then washes the chips, then, chemically degreases the same, then dries the same before being packed. Its Engineering Services division provides end-to-end solutions that include product development activities, such as concept design, product development, tooling, prototyping, and various other services, such as flow foaming, skin-cut services, and others. The firm's products and services include Chrome Plated Alloy Wheels, Polished/Coated Alloy Wheels, Engineering Services, and Plastic/Aluminum Moldings.
PRECISION.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Precision Metaliks Ltd is classified as not halal.
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Financial Metrics & Statements of Precision Metaliks Ltd (PRECISION.NS)
FAQ's for Precision Metaliks Ltd (PRECISION.NS)
- As of October 2026, Precision Metaliks Ltd PRECISION.NS is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Precision Metaliks Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Precision Metaliks 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.
- Musaffa determines the Shariah status of Precision Metaliks Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Precision Metaliks Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Precision Metaliks Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Precision Metaliks Ltd (PRECISION.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
