Is Kalana Ispat Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Kalana Ispat Ltd (KALANA.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 Kalana Ispat 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 Kalana Ispat Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Kalana Ispat Ltd?

Muslim investors may consider investing in Kalana Ispat 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 Kalana Ispat Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Kalana Ispat 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 Kalana Ispat Ltd updated?

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

Can a halal stock like Kalana Ispat 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 Kalana Ispat Ltd?

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

Kalana Ispat Ltd KALANA.NS

₹22.65

Last Updated: May 15, 12:00 AM·NSE

KALANA.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 30, 2026

Report Source: 2026 2nd Quarter Report

Kalana Ispat Ltd. Stock Analysis KALANA.NS

India Materials Nano Cap Report: Q2, 2026

Kalana Ispat Ltd. manufactures M.S. The company is headquartered in Ahmedabad, Gujarat and currently employs 15 full-time employees. The company went IPO on 2024-09-26. Billets/Ingots and Alloy Steel Billets/Ingots of various grades. The firm operates under two key business segments: Sale of Products and Sale of Services (Job Work). The Company’s product portfolio includes MS billets and alloy steel billets. The firm uses a combination of raw materials, such as MS scrap, sponge iron, silicon manganese, aluminum ingots and certain salts, which are melted at high temperature and are poured in casts to form a rectangle or metal bar or MS billet. The firm manufactures MS Billets in various grades, which are subsequently forged at rolling mills into finished products like bars, wires, rods, and sheet metal. The company produces alloy steel billets on an order basis. Its manufacturing unit is located in Ahmedabad. The company offers tailored billet solutions.

Key Statistics of Kalana Ispat Ltd (KALANA.NS)

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

Today's Range

₹22.65₹22.65

Today's Open

₹22.65

Volume

4000.00

P/E Ratio (TTM)

24.12

52 Week Range

₹15.10₹48.80

Market Cap

309.75M

Avg. Volume

5176.47

Dividend Yield

Financial Metrics & Statements of Kalana Ispat Ltd (KALANA.NS)

FAQ's for Kalana Ispat Ltd (KALANA.NS)

According to Musaffa’s Shariah screening methodology, Kalana Ispat Ltd (KALANA.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.