Resonance Specialties Ltd 524218.BO
₹192.50 ₹4.40 (2.34%) 1D
Last Updated: Oct 15, 12:00 AM·BSE
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Is Resonance Specialties Ltd Stock Halal?
Shariah Compliance Analysis of 524218.BO Stock
India Materials Nano Cap Yes. As of October 2026, Resonance Specialties Ltd (524218.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Resonance Specialties Ltd passes Musaffa's business and financial screening criteria.
Resonance Specialties Ltd. engages in the manufacturing and sale of chemicals. The company is headquartered in Mumbai, Maharashtra and currently employs 66 full-time employees. The firm is in the business of manufacturing and marketing of pyridine and pyridine derivatives, picolines and some bulk drugs. Its plant is located in the Tarapur Industrial Zone near Mumbai, India. The plant is spread across 32,000 square meters of land with class one structures. The firm has plants to manufacture pyridines, picolines, lutidines, collidines, cyanopyridines and for various value-added products. Pyridine is used in various applications, such as agrochemicals, Pharmaceuticals, latexes, food, and allied industries. Pyridine is also used in different applications such as a solvent and as a denaturant for alcohol antifreezyl mixture, ethyl alcohol and fungicides. Pyridine is also used to manufacture vitamins, medicines, food flavoring, dyes, adhesives, pesticides, and herbicides. Its nutritional products include zinc picolinate, chromium picolinate, and niacin.
524218.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Resonance Specialties Ltd is classified as halal.
HALALResonance Specialties Ltd (524218.BO) Chart
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Financial Metrics & Statements of Resonance Specialties Ltd (524218.BO)
FAQ's for Resonance Specialties Ltd (524218.BO)
- As of October 2026, Resonance Specialties Ltd 524218.BO is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Resonance Specialties Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Resonance Specialties 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.
- Musaffa determines the Shariah status of Resonance Specialties Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Resonance Specialties Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Resonance Specialties Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Resonance Specialties Ltd (524218.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
