Prime Cable Industries Ltd PRIMECAB.NS
₹203.00 ₹2.00 (0.98%) 1D
Last Updated: Oct 07, 12:00 AM·NSE
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Is Prime Cable Industries Ltd Stock Halal?
Shariah Compliance Analysis of PRIMECAB.NS Stock
India Industrials Nano Cap No. As of October 2026, Prime Cable Industries Ltd (PRIMECAB.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Prime Cable Industries Ltd does not pass Musaffa's business and financial screening criteria.
Prime Cable Industries Ltd. engages in the manufacturing and sale of cables and wires. The company is headquartered in Delhi, Delhi and currently employs 147 full-time employees. The company went IPO on 2025-09-29. The firm is engaged in the manufacturing and sale of cables and wires. The firm manufactures control cables, power cables, aerial bunch cables, instrumentation cables, housing/building wires and conductors. The company manufactures low-voltage (up to 1.1 kilovolt) control cables, power cables, aerial bunch cables, instrumentation cables, housing/building wires and conductors catering to several institutions which include EPC players, electricity boards, public sector undertakings responsible for generation, transmission and distribution of power (transmission, distribution and generation), oil & gas, mining, steel, real estate, and electric panel builders. The Company’s instrumentation cables include LT Aerial Bunched Cables (ABC), which are used in power distribution. The company manufactures and sells cables under brands such as PRIMECAB and RENUFO. Its manufacturing units are located at Narela, Delhi and Ghiloth, Rajasthan.
PRIMECAB.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Prime Cable Industries Ltd is classified as not halal.
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Financial Metrics & Statements of Prime Cable Industries Ltd (PRIMECAB.NS)
FAQ's for Prime Cable Industries Ltd (PRIMECAB.NS)
- As of October 2026, Prime Cable Industries Ltd PRIMECAB.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 Prime Cable Industries Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Prime Cable Industries 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 Prime Cable Industries 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 Prime Cable Industries 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 Prime Cable Industries 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 Prime Cable Industries Ltd (PRIMECAB.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
