Is GRM Overseas Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, GRM Overseas Ltd (GRMOVER.NS) is currently classified as HALAL as of March 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 GRM Overseas 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 GRM Overseas Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of GRM Overseas Ltd?

Muslim investors may consider investing in GRM Overseas 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 GRM Overseas Ltd classified as HALAL?

Musaffa determines the Shariah status of GRM Overseas 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 GRM Overseas Ltd updated?

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

Can a halal stock like GRM Overseas 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 GRM Overseas Ltd?

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

GRMOVER.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 05, 2026

Report Source: 2026 3rd Quarter Report

GRM Overseas Ltd. Stock Analysis GRMOVER.NS

India Consumer Staples Small Cap Report: Q3, 2026

GRM Overseas Ltd. engages in the business of milling, processing, and marketing branded and non-branded basmati rice. The company is headquartered in New Delhi, Delhi and currently employs 132 full-time employees. Its segments include Food Items, Edible Oil, and Others. The company exports its own basmati rice brands, such as Himalaya River and Tanoush, which are available in global retail chains such as ASDA, Walmart, and Carrefour, serving customers across Europe and Gulf Cooperation Council (GCC) countries. Its Himalaya River products include Himalaya River Premium Basmati, Himalaya River Basmati Jumbo, Himalaya River Iconic Basmati, Himalaya River Premium Sella, Himalaya River Brown, Himalaya River Long Grain and Himalaya River Easy Cook. Its Tanoush products include Tanoush Emperor, Tanoush King, Tanoush Lord, Tanoush Duke and Tanoush Organic. The company also offers rice, spices, classic atta, classic besan, classic dalia, classic maida, classic poha, classic sooji, classic mustard oil, biryani kit and others.

Key Statistics of GRM Overseas Ltd (GRMOVER.NS)

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

Today's Range

₹159.80₹172.00

Today's Open

₹162.00

Volume

3.72M

P/E Ratio (TTM)

49.10

52 Week Range

₹93.03₹185.45

Market Cap

30.72B

Avg. Volume

2.05M

Dividend Yield

Financial Metrics & Statements of GRM Overseas Ltd (GRMOVER.NS)

FAQ's for GRM Overseas Ltd (GRMOVER.NS)

According to Musaffa’s Shariah screening methodology, GRM Overseas Ltd (GRMOVER.NS) is currently classified as HALAL as of March 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.