Is Shringar House of Mangalsutra Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shringar House of Mangalsutra Ltd (SHRINGARMS.NS) is currently classified as NOT COVERED as of May 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 Shringar House of Mangalsutra 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 Shringar House of Mangalsutra Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shringar House of Mangalsutra Ltd?

Muslim investors may consider investing in Shringar House of Mangalsutra 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 Shringar House of Mangalsutra Ltd classified as NOT COVERED?

Musaffa determines the Shariah status of Shringar House of Mangalsutra 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 Shringar House of Mangalsutra Ltd updated?

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

Can a halal stock like Shringar House of Mangalsutra 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 Shringar House of Mangalsutra Ltd?

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

Shringar House of Mangalsutra Ltd SHRINGARMS.NS

₹206.59 ₹2.64 (1.29%) 1D

Last Updated: May 15, 12:00 AM·NSE

Shringar House of Mangalsutra Ltd. Stock Analysis SHRINGARMS.NS

India Consumer Discretionary Micro Cap

Shringar House of Mangalsutra Ltd. engages in the designing, manufacturing, and marketing a varied range of Mangalsutra. The company is headquartered in Mumbai, Maharashtra and currently employs 237 full-time employees. The company went IPO on 2025-09-17. The firm is engaged in designing, manufacturing, and marketing, a varied range of Mangalsutra studded with diverse range of stones including but not limited to, American diamond, cubic zirconia, pearl, mother of pearl, and semi-precious stones, in 18 Karat (k) and 22k purity of gold, to its business-to-business clients. The Company’s products include Bridal Mangalsutra, God Edition Mangalsutra, Trendsetter Mangalsutra, Formal Mangalsutra, Santos Mangalsutra, Fancy Mangalsutra, Micro Mangalsutra, Classic Mangalsutra, FIO Mangalsutra, Kalki Mangalsutra, Kolkata Mangalsutra, Maharashtra Mangalsutra, Rose Gold Mangalsutra, Kolhapuri Mangalsutra, Glam Mangalsutra, Rudraksh & Tulsi Mala, Divine Mangalsutra, Ring Mangalsutra, and Bracelets Mangalsutra. The company supplies its products to a diverse range of clients including Corporate Clients, wholesale jewelers, and retailers.

Key Statistics of Shringar House of Mangalsutra Ltd (SHRINGARMS.NS)

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

Today's Range

₹199.51₹211.49

Today's Open

₹203.95

Volume

1.84M

P/E Ratio (TTM)

32.19

52 Week Range

₹166.00₹266.50

Market Cap

19.81B

Avg. Volume

1.56M

Dividend Yield

Financial Metrics & Statements of Shringar House of Mangalsutra Ltd (SHRINGARMS.NS)

FAQ's for Shringar House of Mangalsutra Ltd (SHRINGARMS.NS)

According to Musaffa’s Shariah screening methodology, Shringar House of Mangalsutra Ltd (SHRINGARMS.NS) is currently classified as NOT COVERED as of May 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.