US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
FO

FORBESCO.BO

Stock Forbes & Company Limited
$317.85

BSE (Bombay Stock Exchange) · Consumer Cyclical · IN

Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-28
HTR non-permissible income 6.87%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Forbes & Company Limited (FORBESCO.BO) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-28). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Institutional own.
3.3%
of shares
NON-COMPLIANT
Sharia compliance
6.87%
Non-permissible income — HTR, from filings (2026-03-31)
3.3%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. FORBESCO.BO files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 3.54% 30.00% Pass
Interest-bearing investments 16.04% 30.00% Pass
Non-permissible income 6.87% 5.00% Fail

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 4.71% 33.00% Pass
Interest-bearing investments 21.34% 33.00% Pass
Non-liquid assets 75.61% at least 20.00% Pass
Non-permissible income 6.87% 5.00% Fail

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 4.71% 33.33% Pass
Cash + interest-bearing securities 21.34% 33.33% Pass
Accounts receivable 24.39% 33.33% Pass
Non-permissible income 6.87% 5.00% Fail

FTSE Fail

RatioValueThresholdResult
Interest-bearing debt 4.71% 33.33% Pass
Cash + interest-bearing securities 21.34% 33.33% Pass
Accounts receivable 24.39% 50.00% Pass
Non-permissible income 6.87% 5.00% Fail

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 2.86% 33.00% Pass
Cash + interest-bearing securities 12.96% 33.00% Pass
Accounts receivable 1.85% 33.00% Pass
Non-permissible income 6.87% 5.00% Fail

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 2.29% 33.00% Pass
Cash + interest-bearing securities 10.36% 49.00% Pass
Accounts receivable 1.48% 49.00% Pass
Non-permissible income 6.87% 5.00% Fail

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 2.29% 33.33% Pass
Cash + interest-bearing securities 10.36% 33.33% Pass
Accounts receivable 11.84% 49.00% Pass
Non-permissible income 6.87% 5.00% Fail

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

448.80397.85346.90295.95245.002025-09-122026-03-162026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
280.47
S2
291.73
S1
301.42
PIVOT
312.68
R1
322.37
R2
333.63
R3
343.32

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
271.59 364.11
±14.55% from 317.85, made 2026-09-11 · resolves 2026-09-18
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22466 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG BUY
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG BUY
10 buy · 0 neutral · 2 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)66.90NEUTRAL
Stochastic %K (14)90.52SELL
CCI (20)148.57SELL
Williams %R (14)-9.48SELL
MACD (12,26,9)6.25BUY
ROC (10)16.71BUY
Momentum (10)45.50BUY
EMA (10)291.23BUY
SMA (10)282.07BUY
EMA (20)284.00BUY
SMA (20)278.59BUY
EMA (30)282.98BUY
SMA (30)279.93BUY
EMA (50)286.23BUY
SMA (50)280.49BUY
EMA (100)298.79BUY
SMA (100)303.37BUY
EMA (200)320.02SELL
SMA (200)322.14SELL

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Forbes & Company Limited

Consumer Cyclical · Furnishings, Fixtures & Appliances

Forbes & Company Limited, together with its subsidiaries, engages in the real estate development activities in India and internationally. It operates through Coding and Industrial Automation and Real Estate segments. The Coding and Industrial Automation segment manufactures and trades in conventional and automation marking system and industrial automation business. The Real Estate segment rents, invests, and develops real estate projects and properties. The company was founded in 1767 and is based in Mumbai, India. Forbes & Company Limited is a subsidiary of Shapoorji Pallonji and Company Private Limited.

forbes.co.in ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-08 · Asset managers net 912361 (-21819)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.