Is Usha Martin Education And Solutions Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Usha Martin Education And Solutions Ltd (UMESLTD.NS) is currently classified as NOT HALAL as of February 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 Usha Martin Education And Solutions 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 Usha Martin Education And Solutions Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Usha Martin Education And Solutions Ltd?

Muslim investors may consider investing in Usha Martin Education And Solutions 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 Usha Martin Education And Solutions Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Usha Martin Education And Solutions 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 Usha Martin Education And Solutions Ltd updated?

The Shariah compliance status of Usha Martin Education And Solutions Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Usha Martin Education And Solutions 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 Usha Martin Education And Solutions Ltd?

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

UMESLTD.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 01, 2024

Report Source: 2024 2nd Quarter Report

Usha Martin Education And Solutions Ltd. Stock Analysis UMESLTD.NS

India Consumer Discretionary Nano Cap Report: Q2, 2024

Usha Martin Education & Solutions Ltd. engages in the provision of education support services. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2002-03-15. The firm is engaged in providing training to both freshers and professionals in different technical and functional modules of enterprise resource planning (ERP). The firm is also engaged to impart training on electronic (e)-commerce, customer relationship management (CRM) software. The company operates training centers for various higher education courses under the brand name, Usha Martin Academy. The company offers end-to-end education and school management solutions. The company provides global certification training programs. The firm's services include Systems Applications and Products in Data Processing (SAP) certification courses, big data analytics, hybris, industry connect, university connect and career development programs. The company has also helped in the establishment of several K-12 schools in the Eastern part of India. Its subsidiary is Usha Martin Education Private Limited.

Key Statistics of Usha Martin Education And Solutions Ltd (UMESLTD.NS)

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

Today's Range

₹4.60₹5.06

Today's Open

₹4.92

Volume

34.75K

P/E Ratio (TTM)

43.24

52 Week Range

₹3.88₹7.14

Market Cap

157.17M

Avg. Volume

50.97K

Dividend Yield

Financial Metrics & Statements of Usha Martin Education And Solutions Ltd (UMESLTD.NS)

FAQ's for Usha Martin Education And Solutions Ltd (UMESLTD.NS)

According to Musaffa’s Shariah screening methodology, Usha Martin Education And Solutions Ltd (UMESLTD.NS) is currently classified as NOT HALAL as of February 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.