Is India Cements Capital Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, India Cements Capital Ltd (511355.BO) 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 India Cements Capital 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 India Cements Capital Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of India Cements Capital Ltd?

Muslim investors may consider investing in India Cements Capital 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 India Cements Capital Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of India Cements Capital 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 India Cements Capital Ltd updated?

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

Can a halal stock like India Cements Capital 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 India Cements Capital Ltd?

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

India Cements Capital Ltd 511355.BO

₹14.00 ₹0.59 (4.40%) 1D

Last Updated: May 15, 12:00 AM·BSE

511355.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 29, 2026

Report Source: 2026 2nd Quarter Report

India Cements Capital Ltd. Stock Analysis 511355.BO

India Financials Nano Cap Report: Q2, 2026

India Cements Capital Ltd. engages in buying and selling of foreign currencies. The company is headquartered in Chennai, Tamil Nadu. The firm operates through the Money Changing segment. Its products include For X Change, Midas Advisory, Share Broking, and Coromandel Travels. The For X Change is the brand name under which the Company extends money-changing services. The firm also extends advisory services on the forex market to exporters and importers, under the brand name of Midas Advisory. The Company, through the Coromandel Travels product, is engaged in extending comprehensive travel related services like ticketing, hotel bookings, visa processing and others. The Company’s wholly owned subsidiary, India Cements Investment Services Limited, is engaged in the brokerage business in shares and dealing in mutual funds, bonds and others.

Key Statistics of India Cements Capital Ltd (511355.BO)

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

Today's Range

₹13.41₹14.45

Today's Open

₹13.41

Volume

3012.00

P/E Ratio (TTM)

54.92

52 Week Range

₹9.14₹20.07

Market Cap

258.27M

Avg. Volume

10.36K

Dividend Yield

Financial Metrics & Statements of India Cements Capital Ltd (511355.BO)

FAQ's for India Cements Capital Ltd (511355.BO)

According to Musaffa’s Shariah screening methodology, India Cements Capital Ltd (511355.BO) 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.