Is Rander Corp Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Rander Corp Ltd (531228.BO) is currently classified as NOT HALAL as of November 2022. 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 Rander Corp 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 Rander Corp Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Rander Corp Ltd?

Muslim investors may consider investing in Rander Corp 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 Rander Corp Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Rander Corp 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 Rander Corp Ltd updated?

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

Can a halal stock like Rander Corp 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 Rander Corp Ltd?

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

Rander Corp Ltd 531228.BO

₹9.80 ₹0.19 (1.90%) 1D

Last Updated: May 15, 12:00 AM·BSE

531228.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 10, 2022

Report Source: 2021 Annual Report

Rander Corp Ltd. Stock Analysis 531228.BO

India Real Estate Nano Cap Report: 2021 Annual

Rander Corp. Ltd. is a real estate company, which engages in the construction and real estate development and mainly operates in Boisar, Tarapur region of Maharashtra. The company is headquartered in Thane, Maharashtra and currently employs 13 full-time employees. The company went IPO on 2005-07-07. The firm is also engaged in the infrastructure segment. The firm's real estate projects include Krishna Nagar, Krishna Residency, Shiv Ganga, and Balaram Nivas. Its completed projects include Keshav Nagar, Suyog Apartments and Shanti Nagar. The Shanti Nagar project is a residential project of approximately 125 flats in partnership with Sangam builders. The Suyog Apartments project is a redevelopment project built in partnership with omkar developers.

Key Statistics of Rander Corp Ltd (531228.BO)

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

Today's Range

₹9.80₹9.99

Today's Open

₹9.99

Volume

167.00

P/E Ratio (TTM)

52 Week Range

₹9.67₹13.22

Market Cap

123.56M

Avg. Volume

1852.91

Dividend Yield

Financial Metrics & Statements of Rander Corp Ltd (531228.BO)

FAQ's for Rander Corp Ltd (531228.BO)

According to Musaffa’s Shariah screening methodology, Rander Corp Ltd (531228.BO) is currently classified as NOT HALAL as of November 2022. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.