Is Astron Paper & Board Mill Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Astron Paper & Board Mill Ltd (ASTRON.NS) 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 Astron Paper & Board Mill 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 Astron Paper & Board Mill Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Astron Paper & Board Mill Ltd?

Muslim investors may consider investing in Astron Paper & Board Mill 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 Astron Paper & Board Mill Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Astron Paper & Board Mill 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 Astron Paper & Board Mill Ltd updated?

The Shariah compliance status of Astron Paper & Board Mill Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Astron Paper & Board Mill 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 Astron Paper & Board Mill Ltd?

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

ASTRON.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 30, 2026

Report Source: 2026 2nd Quarter Report

Astron Paper & Board Mill Ltd. Stock Analysis ASTRON.NS

India Materials Nano Cap Report: Q2, 2026

Astron Paper & Board Mill Ltd. manufactures corrugated paper and paper board. The firm and its wholly owned subsidiary company, Balaram Papers Private Limited, are engaged in the business of the manufacturing of kraft paper from wastepaper. The firm offers various types of kraft paper, such as, Fluting Medium, Test Liner, Kraft Liner, VTL (VIRGIN TOP LINER), H-RCT KRAFT LINER, and Liner. Fluting medium is a type of kraft paper used in the production of corrugated cardboard, mainly from 90 to 180 GSM and 16,18, and 20 BF. Recycled Kraft liner is a type of paperboard used in packaging applications with 140 to 350 GSM and 28-35 BF. Virgin Kraft liner is a type of paperboard used in packaging and industrial applications. The firm has three manufacturing units with four paper machines at three different and strategic locations in Gujarat, India with an industrial capacity of approximately 175 thousand tons annually.

Key Statistics of Astron Paper & Board Mill Ltd (ASTRON.NS)

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

Today's Range

₹4.11₹4.30

Today's Open

₹4.30

Volume

25.77K

P/E Ratio (TTM)

52 Week Range

₹3.26₹20.93

Market Cap

199.95M

Avg. Volume

33.03K

Dividend Yield

Financial Metrics & Statements of Astron Paper & Board Mill Ltd (ASTRON.NS)

FAQ's for Astron Paper & Board Mill Ltd (ASTRON.NS)

According to Musaffa’s Shariah screening methodology, Astron Paper & Board Mill Ltd (ASTRON.NS) 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.