Is Sangal Papers Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Sangal Papers Ltd (516096.BO) is currently classified as NOT HALAL as of September 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 Sangal Papers 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 Sangal Papers Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Sangal Papers Ltd?

Muslim investors may consider investing in Sangal Papers 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 Sangal Papers Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Sangal Papers 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 Sangal Papers Ltd updated?

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

Can a halal stock like Sangal Papers 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 Sangal Papers Ltd?

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

Sangal Papers Ltd 516096.BO

₹162.00 ₹1.95 (1.22%) 1D

Last Updated: May 15, 12:00 AM·BSE

516096.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 18, 2024

Report Source: 2025 1st Quarter Report

Sangal Papers Ltd. Stock Analysis 516096.BO

India Materials Nano Cap Report: Q1, 2025

Sangal Papers Ltd. engages in the manufacturing of newsprint, writing and printing paper, and other various special papers for domestic and exports markets. The company is headquartered in Mawana, Uttar Pradesh and currently employs 217 full-time employees. The firm also manufactures paper to the customized requirements of the customers. Its products include envelope papers, ribbed papers, packing & lamination papers, scrapbook/craft papers, MG color papers, writing & printing papers, stationery papers and newsprint papers. Its envelope papers include manila kraft - UPM, bubble envelope paper, buff/envelope paper and yellow kraft. Its ribbed papers include orange ribbed gold, golden ribbed kraft, white ribbed and ribbed buff 89. Its packing & lamination papers include bag kraft paper, super poster, prime poster, and light shade kraft. Its writing & printing papers include azure laid ledger and color printing diamond. The firm is selling its paper in India and exporting to Sri Lanka, Singapore, Nepal, Iran, the United Arab Emirates and other countries.

Key Statistics of Sangal Papers Ltd (516096.BO)

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

Today's Range

₹160.05₹165.00

Today's Open

₹160.05

Volume

74.00

P/E Ratio (TTM)

8.12

52 Week Range

₹143.05₹285.00

Market Cap

198.94M

Avg. Volume

219.94

Dividend Yield

Financial Metrics & Statements of Sangal Papers Ltd (516096.BO)

FAQ's for Sangal Papers Ltd (516096.BO)

According to Musaffa’s Shariah screening methodology, Sangal Papers Ltd (516096.BO) is currently classified as NOT HALAL as of September 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.