Is Rajasthan Cylinders and Containers Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Rajasthan Cylinders and Containers Ltd (538707.BO) is currently classified as NOT HALAL as of October 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 Rajasthan Cylinders and Containers 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 Rajasthan Cylinders and Containers Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Rajasthan Cylinders and Containers Ltd?

Muslim investors may consider investing in Rajasthan Cylinders and Containers 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 Rajasthan Cylinders and Containers Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Rajasthan Cylinders and Containers 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 Rajasthan Cylinders and Containers Ltd updated?

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

Can a halal stock like Rajasthan Cylinders and Containers 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 Rajasthan Cylinders and Containers Ltd?

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

Rajasthan Cylinders and Containers Ltd 538707.BO

₹33.89 ₹0.96 (2.75%) 1D

Last Updated: May 15, 12:00 AM·BSE

538707.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 22, 2024

Report Source: 2025 1st Quarter Report

Rajasthan Cylinders and Containers Ltd. Stock Analysis 538707.BO

India N/A Nano Cap Report: Q1, 2025

Rajasthan Cylinders & Containers Ltd. engages in the manufacturing and marketing of liquefied petroleum gas cylinders. The company is headquartered in Jaipur, Rajasthan and currently employs 11 full-time employees. The company went IPO on 2014-10-16. The firm was mainly engaged in the business of manufacturing and selling Liquified Petroleum Gas (LPG) cylinders, valves and regulators and rendering refilling services for LPG Gas. Its manufacturing operation has been closed and plants and equipment have been disposed of. The firm does not have any revenue from its operations.

Key Statistics of Rajasthan Cylinders and Containers Ltd (538707.BO)

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

Today's Range

₹32.00₹34.85

Today's Open

₹34.85

Volume

473.00

P/E Ratio (TTM)

52 Week Range

₹27.50₹59.40

Market Cap

112.72M

Avg. Volume

538.27

Dividend Yield

Financial Metrics & Statements of Rajasthan Cylinders and Containers Ltd (538707.BO)

FAQ's for Rajasthan Cylinders and Containers Ltd (538707.BO)

According to Musaffa’s Shariah screening methodology, Rajasthan Cylinders and Containers Ltd (538707.BO) is currently classified as NOT HALAL as of October 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.