Krishanveer Forge Ltd 513369.BO
₹132.00 ₹5.60 (4.07%) 1D
Last Updated: Oct 09, 12:00 AM·BSE
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Is Krishanveer Forge Ltd Stock Halal?
Shariah Compliance Analysis of 513369.BO Stock
India Materials Nano Cap Yes. As of October 2026, Krishanveer Forge Ltd (513369.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Krishanveer Forge Ltd passes Musaffa's business and financial screening criteria.
Krishanveer Forge Ltd. engages in the manufacture of critical forgings and specialized components. The company is headquartered in Pune, Maharashtra and currently employs 68 full-time employees. The company is specialized in forging critical shaped components like Khuff blocks, Y blocks, Studded Tees, GV Bodies and others. Its product includes shafts, square section, rectangular section, blanks, ring and hollow. Its open die forging unit has the capability of manufacturing and supplying open die forgings up to 11 metric tons (MT) of single piece weights of components. The company also forges various material grades, like plain carbon steels, alloy steels, Stainless Steels, Duplex Steel, 17-4PH, HNS, among others with varying sizes and complex shaped components. Its open die forging facility caters for industries including oil and gas, infrastructure, power transmission, mining and construction. The company supplies its forgings across the countries such as Singapore, Malaysia, the Middle East, Europe, the United States, and other countries.
513369.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Krishanveer Forge Ltd is classified as halal.
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Financial Metrics & Statements of Krishanveer Forge Ltd (513369.BO)
FAQ's for Krishanveer Forge Ltd (513369.BO)
- As of October 2026, Krishanveer Forge Ltd 513369.BO is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Krishanveer Forge Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Krishanveer Forge 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.
- Musaffa determines the Shariah status of Krishanveer Forge Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Krishanveer Forge Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Krishanveer Forge Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Krishanveer Forge Ltd (513369.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
