Is Star Paper Mills Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Star Paper Mills Ltd (STARPAPER.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 Star Paper Mills 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 Star Paper Mills Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Star Paper Mills Ltd?

Muslim investors may consider investing in Star Paper Mills 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 Star Paper Mills Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Star Paper Mills 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 Star Paper Mills Ltd updated?

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

Can a halal stock like Star Paper Mills 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 Star Paper Mills Ltd?

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

STARPAPER.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 16, 2026

Report Source: 2026 2nd Quarter Report

Star Paper Mills Ltd. Stock Analysis STARPAPER.NS

India Materials Nano Cap Report: Q2, 2026

Star Paper Mills Ltd. manufactures and markets industrial, packaging and cultural papers. The company is headquartered in Kolkata, Uttar Pradesh and currently employs 382 full-time employees. The firm has three main product lines, namely cultural papers, industrial papers, and other grades. The cultural papers product line includes various product catering to different applications, such as printing, envelope manufacturing, security paper printing, diary and calendar printing, card manufacturing, and children's scrapbooks. The industrial papers product line provides products for specific applications, including carry bags, soap packaging, paper cups, crockery surface printing, Biri wrappers, laminations, wedding/greeting cards, tobacco packing, wallpaper, grocery bags, and cooler pads. The other grades product line offers a range of products serving similar applications as the industrial papers product line, which has applications in ledger paper, account book paper, thesis writing, pamphlets, and printing and photo copier bill books.

Key Statistics of Star Paper Mills Ltd (STARPAPER.NS)

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

Today's Range

₹139.04₹144.00

Today's Open

₹144.00

Volume

4080.00

P/E Ratio (TTM)

5.32

52 Week Range

₹119.05₹188.80

Market Cap

2.23B

Avg. Volume

13.47K

Dividend Yield

2.48%

Financial Metrics & Statements of Star Paper Mills Ltd (STARPAPER.NS)

FAQ's for Star Paper Mills Ltd (STARPAPER.NS)

According to Musaffa’s Shariah screening methodology, Star Paper Mills Ltd (STARPAPER.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.