Is Anuroop Packaging Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Anuroop Packaging Ltd (542865.BO) is currently classified as NOT HALAL as of July 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 Anuroop Packaging 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 Anuroop Packaging Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Anuroop Packaging Ltd?

Muslim investors may consider investing in Anuroop Packaging 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 Anuroop Packaging Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Anuroop Packaging 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 Anuroop Packaging Ltd updated?

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

Can a halal stock like Anuroop Packaging 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 Anuroop Packaging Ltd?

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

Anuroop Packaging Ltd 542865.BO

₹15.27 ₹0.21 (1.36%) 1D

Last Updated: May 15, 12:00 AM·BSE

542865.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 22, 2024

Report Source: 2024 Annual Report

Anuroop Packaging Ltd. Stock Analysis 542865.BO

India Materials Nano Cap Report: 2024 Annual

Anuroop Packaging Ltd. engages in the manufacturing of corrugated boxes. The company is headquartered in Mumbai, Maharashtra and currently employs 5 full-time employees. The company went IPO on 2019-11-21. The Company’s product portfolio includes corrugated boxes, kraft rolls, corrugated liners and corrugated sheets. The firm's corrugated boxes are sought after due to their robustness, longevity, lightweight design, recyclability and attributes. These corrugated boxes find application in packaging an array of products spanning industries. The firm produces four distinct categories of corrugated boxes, including 3-ply, 5-ply, 7-ply and 9-ply. Kraft paper is a type of cardboard manufactured from chemical pulp using the kraft process. The firm specializes in the production of linerboard and corrugating medium, which are the essential components of corrugated board. The company produces corrugated sheets known for their ease of cutting and shaping.

Key Statistics of Anuroop Packaging Ltd (542865.BO)

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

Today's Range

₹15.00₹16.00

Today's Open

₹15.48

Volume

10.22K

P/E Ratio (TTM)

4.38

52 Week Range

₹8.77₹23.00

Market Cap

128.85M

Avg. Volume

51.37K

Dividend Yield

Financial Metrics & Statements of Anuroop Packaging Ltd (542865.BO)

FAQ's for Anuroop Packaging Ltd (542865.BO)

According to Musaffa’s Shariah screening methodology, Anuroop Packaging Ltd (542865.BO) is currently classified as NOT HALAL as of July 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.