Is Carraro India Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Carraro India Ltd (CARRARO.NS) is currently classified as HALAL as of February 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 Carraro India 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 Carraro India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Carraro India Ltd?

Muslim investors may consider investing in Carraro India 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 Carraro India Ltd classified as HALAL?

Musaffa determines the Shariah status of Carraro India 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 Carraro India Ltd updated?

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

Can a halal stock like Carraro India 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 Carraro India Ltd?

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

Carraro India Ltd CARRARO.NS

₹570.05 ₹1.95 (0.34%) 1D

Last Updated: May 15, 12:00 AM·NSE

CARRARO.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: February 24, 2026

Report Source: 2026 3rd Quarter Report

Carraro India Ltd. Stock Analysis CARRARO.NS

India Industrials Small Cap Report: Q3, 2026

Carraro India Ltd. engages in the manufacturing of axles and transmission systems for agricultural tractors and construction vehicles. The company is headquartered in Pune, Maharashtra and currently employs 909 full-time employees. The company went IPO on 2024-12-30. The firm is an independent tier 11 solution provider of axles, transmission systems and gears for the agricultural tractor and construction vehicle industries in India. The company supports the full value chain of services as a solution provider for axles, transmission systems, gears and other related components with in-house product design manufacturing capabilities. The company primarily manufactures axles and transmission systems for agricultural tractors and construction vehicles, such as backhoe loaders, soil compactors, cranes, self-loading concrete mixers and small motor graders. The firm's products are mission critical for its customers, as its products constitute important components of its customers' final products.

Key Statistics of Carraro India Ltd (CARRARO.NS)

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

Today's Range

₹566.50₹579.95

Today's Open

₹572.00

Volume

35.14K

P/E Ratio (TTM)

37.06

52 Week Range

₹401.05₹667.55

Market Cap

32.10B

Avg. Volume

386.07K

Dividend Yield

Financial Metrics & Statements of Carraro India Ltd (CARRARO.NS)

FAQ's for Carraro India Ltd (CARRARO.NS)

According to Musaffa’s Shariah screening methodology, Carraro India Ltd (CARRARO.NS) is currently classified as HALAL as of February 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.