Precision Wires India Ltd PRECWIRE.NS
₹445.25 ₹2.65 (0.59%) 1D
Last Updated: Oct 16, 12:00 AM·NSE
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Is Precision Wires India Ltd Stock Halal?
Shariah Compliance Analysis of PRECWIRE.NS Stock
India Industrials Small Cap Yes. As of October 2026, Precision Wires India Ltd (PRECWIRE.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Precision Wires India Ltd passes Musaffa's business and financial screening criteria.
Precision Wires India Ltd. engages in the manufacture and sale of winding wires. The company operates in winding wires made of copper segment. Its products include enameled round winding wires, enameled rectangular winding wires, continuously transposed conductors, paper-insulated copper conductors, and submersible winding wires. Its enameled round copper wires are used in electrical machines such as motors, generators, transformers, household appliances, auto-electrical, refrigeration (hermetic) motors, electrical hand tools, fans, switchgear, coils and relays, ballasts and more, mainly in low voltage applications. Its submersible winding wires are used in submersible pumps/motors of all sizes for agricultural, domestic, and industrial applications.
PRECWIRE.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Precision Wires India Ltd is classified as halal.
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Financial Metrics & Statements of Precision Wires India Ltd (PRECWIRE.NS)
FAQ's for Precision Wires India Ltd (PRECWIRE.NS)
- As of October 2026, Precision Wires India Ltd PRECWIRE.NS is classified as 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 Wires India Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Precision Wires India 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 Wires India 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 Wires India 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 Wires India Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Precision Wires India Ltd (PRECWIRE.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
