As of September 2026, Rane (Madras) Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Rane (Madras) Ltd. Stock Analysis 532661.BO
India Consumer Discretionary Small Cap
Rane (Madras) Ltd. engages in the manufacture and supply of auto components for the transportation industry. The company is headquartered in Chennai, Tamil Nadu and currently employs 2,556 full-time employees. The company went IPO on 2005-08-30. The firm is engaged in manufacturing of steering and suspension linkage products, steering gear products and specialized aluminum high pressure die-casting products. The company has two divisions, namely Steering and Linkages Division (SLD) and Light Metal Casting India Division (LMCI). The firm operates in a single reportable segment, namely components for the transportation industry. Its products include steering gear products, suspension and linkage products, hydraulic products, light metal casting products, and other automotive parts. Its products serve a variety of industry segments, including passenger vehicles, commercial vehicles, farm tractors, two-wheelers, three-wheelers, railways, and stationary engines. The company has manufacturing facilities at Tamil Nadu, Puducherry, Karnataka, Uttarakhand, and Telangana. The Company’s subsidiaries are Rane Automotive Components S. DE. R.L De. C.V. and Rane (Madras) International Holdings B.V.
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Financial Metrics & Statements of Rane (Madras) Ltd (532661.BO)
FAQ's for Rane (Madras) Ltd (532661.BO)
As of September 2026, Rane (Madras) Ltd 532661.BO is classified as not 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 Rane (Madras) Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Rane (Madras) 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 Rane (Madras) 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 Rane (Madras) 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 Rane (Madras) Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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