Rama Steel Tubes Limited (RAMASTEEL.NS) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.
Computed from published company financials, balance sheet as of 2026-03-31. RAMASTEEL.NS files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.
Business activity: cleared (no excluded categories detected)
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 19.87% | 30.00% | Pass |
| Interest-bearing investments | 0.83% | 30.00% | Pass |
| Non-permissible income | 0.16% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 14.69% | 33.00% | Pass |
| Interest-bearing investments | 0.61% | 33.00% | Pass |
| Non-liquid assets | 65.49% | at least 20.00% | Pass |
| Non-permissible income | 0.16% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 14.57% | 33.33% | Pass |
| Cash + interest-bearing securities | 0.61% | 33.33% | Pass |
| Accounts receivable | 34.51% | 33.33% | Fail |
| Non-permissible income | 0.16% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 14.57% | 33.33% | Pass |
| Cash + interest-bearing securities | 0.61% | 33.33% | Pass |
| Accounts receivable | 34.51% | 50.00% | Pass |
| Non-permissible income | 0.16% | 5.00% | Pass |
Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 8.67% | 33.00% | Pass |
| Cash + interest-bearing securities | 0.36% | 33.00% | Pass |
| Accounts receivable | 20.17% | 33.00% | Pass |
| Non-permissible income | 0.16% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 8.06% | 33.00% | Pass |
| Cash + interest-bearing securities | 0.34% | 49.00% | Pass |
| Accounts receivable | 18.77% | 49.00% | Pass |
| Non-permissible income | 0.16% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 8.06% | 33.33% | Pass |
| Cash + interest-bearing securities | 0.34% | 33.33% | Pass |
| Accounts receivable | 19.10% | 49.00% | Pass |
| Non-permissible income | 0.16% | 5.00% | Pass |
Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.
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Not enough completed daily bars to compute pivots.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 35.90 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -144.86 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.02 | SELL |
| ROC (10) | -9.24 | SELL |
| Momentum (10) | -0.40 | SELL |
| EMA (10) | 4.10 | SELL |
| SMA (10) | 4.15 | SELL |
| EMA (20) | 4.19 | SELL |
| SMA (20) | 4.18 | SELL |
| EMA (30) | 4.25 | SELL |
| SMA (30) | 4.30 | SELL |
| EMA (50) | 4.40 | SELL |
| SMA (50) | 4.34 | SELL |
| EMA (100) | 4.90 | SELL |
| SMA (100) | 4.80 | SELL |
| EMA (200) | 6.36 | SELL |
| SMA (200) | 6.22 | SELL |
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Basic Materials · Steel
Rama Steel Tubes Limited manufactures and sells steel pipes and tubes in India. The company offers mild steel electric resistance welded (ERW) black steel pipes and tubes, galvanized iron (GI) pipes, and specialty pipes. It also provides structural steel products comprising square and rectangular hollow sections; telecommunication and infrastructure solutions for substations, radar towers, and railway electrification systems; and solar project solutions, including specialized steel structures and single-axis trackers. In addition, the company offers ERW galvanized steel pipes and tubes, scaffolding pipes and tubes, and casing swaged poles, as well as pipes with grooves, light poles, fire-fix end piping systems, casing pipes, and square and rectangular pipes. It exports its products to the United Kingdom, the United Arab Emirates, Sri Lanka, Ethiopia, Kenya, Uganda, Somalia, Ghana, Sudan, Kuwait, the Republic of Congo, Yemen, Guyana, Germany, the United States, South Africa, Zambia, Malta, and internationally. Rama Steel Tubes Limited was incorporated in 1974 and is based in New Delhi, India.
Background via Yahoo Finance — informational, not part of the verdict.
Peer movement computing — it will appear here on its own.
NO DATA 0 buys · 0 sells
NEUTRAL report date 2026-09-01 · Asset managers net 934180 (-19048)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.