Is Coral Newsprints Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Coral Newsprints Ltd (530755.BO) is currently classified as NOT HALAL as of January 2025. 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 Coral Newsprints 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 Coral Newsprints Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Coral Newsprints Ltd?

Muslim investors may consider investing in Coral Newsprints 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 Coral Newsprints Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Coral Newsprints 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 Coral Newsprints Ltd updated?

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

Can a halal stock like Coral Newsprints 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 Coral Newsprints Ltd?

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

Coral Newsprints Ltd 530755.BO

₹9.46

Last Updated: May 15, 12:00 AM·BSE

530755.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 03, 2025

Report Source: 2025 2nd Quarter Report

Coral Newsprints Ltd. Stock Analysis 530755.BO

India N/A Nano Cap Report: Q2, 2025

Coral Newsprints Ltd. engages in the provision of manufacturing newsprint and absorbent kraft papers of different grammages. The company is headquartered in Delhi, Delhi. The newsprint is used for the publication of newspaper, magazines and rough notes and cheaper books while absorbent kraft is used for the manufacturing of laminated mica sheets. The firm has installed capacity of the Company is 12600 metric ton per annum. The Company’s factory is located at Gajraula, District Amroha (Uttar Pradesh).

Key Statistics of Coral Newsprints Ltd (530755.BO)

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

Today's Range

₹9.46₹9.46

Today's Open

₹9.46

Volume

20.00

P/E Ratio (TTM)

52 Week Range

₹8.65₹14.40

Market Cap

54.10M

Avg. Volume

513.06

Dividend Yield

Financial Metrics & Statements of Coral Newsprints Ltd (530755.BO)

FAQ's for Coral Newsprints Ltd (530755.BO)

According to Musaffa’s Shariah screening methodology, Coral Newsprints Ltd (530755.BO) is currently classified as NOT HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.