Is Shree Ajit Pulp and Paper Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shree Ajit Pulp and Paper Ltd (538795.BO) is currently classified as NOT HALAL as of January 2026. 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 Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shree Ajit Pulp and Paper Ltd?

Muslim investors may consider investing in Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper Ltd updated?

The Shariah compliance status of Shree Ajit Pulp and Paper Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper Ltd?

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

Shree Ajit Pulp and Paper Ltd 538795.BO

₹297.50 ₹11.50 (3.72%) 1D

Last Updated: May 15, 12:00 AM·BSE

538795.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 09, 2026

Report Source: 2026 2nd Quarter Report

Shree Ajit Pulp and Paper Ltd. Stock Analysis 538795.BO

India Materials Nano Cap Report: Q2, 2026

Shree Ajit Pulp & Paper Ltd. engages in the manufacture of kraft paper which is mainly used in manufacturing corrugated boxes. The firm has a single operating segment, which is manufacturing of kraft paper (testliner and multilayer testliner). The firm manufactures multilayer test liner and test liner paper from 80 to 350 grams per square meter (GSM) and 18 to 35 BF. This product is mainly used for making corrugated boxes, duplex cartons, corrugated small e-flutes and others as packaging material. Its products Fluting Medium, Test Liner & Semi Kraft Liner are available in Natural Shade, while Test Liner and Semi Kraft Liner are available in Ajit Gold Shade. Its products are used as fast-moving consumer goods (FMCG), packaging items for industrial and domestic purposes, paper bags, among others. The firm has two windmills of total capacity of approximately 2.75 megawatts in Gujarat State, set up for captive consumption.

Key Statistics of Shree Ajit Pulp and Paper Ltd (538795.BO)

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

Today's Range

₹295.20₹312.80

Today's Open

₹309.00

Volume

599.00

P/E Ratio (TTM)

25.53

52 Week Range

₹180.00₹348.00

Market Cap

2.22B

Avg. Volume

843.36

Dividend Yield

Financial Metrics & Statements of Shree Ajit Pulp and Paper Ltd (538795.BO)

FAQ's for Shree Ajit Pulp and Paper Ltd (538795.BO)

According to Musaffa’s Shariah screening methodology, Shree Ajit Pulp and Paper Ltd (538795.BO) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.