Is Salasar Exteriors and Contour Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Salasar Exteriors and Contour Ltd (SECL.NS) is currently classified as NOT HALAL as of March 2024. 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 Salasar Exteriors and Contour 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 Salasar Exteriors and Contour Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Salasar Exteriors and Contour Ltd?

Muslim investors may consider investing in Salasar Exteriors and Contour 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 Salasar Exteriors and Contour Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Salasar Exteriors and Contour 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 Salasar Exteriors and Contour Ltd updated?

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

Can a halal stock like Salasar Exteriors and Contour 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 Salasar Exteriors and Contour Ltd?

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

Salasar Exteriors and Contour Ltd SECL.NS

₹3.45

Last Updated: Apr 20, 12:00 AM·NSE

SECL.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 19, 2024

Report Source: 2024 2nd Quarter Report

Salasar Exteriors and Contour Ltd. Stock Analysis SECL.NS

India Industrials Nano Cap Report: Q2, 2024

Salasar Exteriors & Contour Ltd. engages in the provision of engineering and construction services. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2019-09-12. The firm is engaged in trading of unit residential buildings and providing construction services. The firm trades in real estate by way of acquiring interests in various real estate projects, such as flats and land. The firm specializes in providing mechanical, electrical and plumbing (MEP) and finishing works, which caters civil and interior work, super steel and structural work, furniture work and firefighting work of residential, commercial, hotels, guest house, hospitals, and information technology (IT) sector. The firm undertakes large-scale civil construction.

Key Statistics of Salasar Exteriors and Contour Ltd (SECL.NS)

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

Today's Range

₹3.45₹3.45

Today's Open

₹3.45

Volume

6250.00

P/E Ratio (TTM)

36.14

52 Week Range

₹3.45₹7.50

Market Cap

371.18M

Avg. Volume