Is Veejay Lakshmi Engineering Works Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Veejay Lakshmi Engineering Works Ltd (522267.BO) is currently classified as NOT HALAL as of February 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 Veejay Lakshmi Engineering Works 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 Veejay Lakshmi Engineering Works Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Veejay Lakshmi Engineering Works Ltd?

Muslim investors may consider investing in Veejay Lakshmi Engineering Works 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 Veejay Lakshmi Engineering Works Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Veejay Lakshmi Engineering Works 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 Veejay Lakshmi Engineering Works Ltd updated?

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

Can a halal stock like Veejay Lakshmi Engineering Works 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 Veejay Lakshmi Engineering Works Ltd?

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

Veejay Lakshmi Engineering Works Ltd 522267.BO

₹39.00

Last Updated: May 15, 12:00 AM·BSE

522267.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 06, 2026

Report Source: 2026 2nd Quarter Report

Veejay Lakshmi Engineering Works Ltd. Stock Analysis 522267.BO

India Consumer Discretionary Nano Cap Report: Q2, 2026

Veejay Lakshmi Engineering Works Ltd. engages in the manufacture of textile machinery. The firm operates through two segments: Engineering and Textile. Its Textile division has a spinning mill of capacity of around 17904 spindles. The company is equipped with machines to produce knitted fabrics and twisting machines to sell the yarn with value addition. The firm offers its products under two categories, including Random Assembly Winder, and Two for One (TFO) Twister. The company also manufactures Precision Assembly Winders. The Textile Division is located at Thekkampatti in Mettupalayam, Coimbatore District. The firm also has windmills installed at Kethanur (Tirupur District), Sinjuwadi (Coimbatore District) and Irukanthurai and Radhapuram (Tirunelveli District). The total Capacity is 4.05 megawatt (MW). The Textile unit also has roof top solar panels for a capacity of 1 MW.

Key Statistics of Veejay Lakshmi Engineering Works Ltd (522267.BO)

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

Today's Range

₹39.00₹39.00

Today's Open

₹39.00

Volume

125.00

P/E Ratio (TTM)

52 Week Range

₹26.00₹72.20

Market Cap

164.84M

Avg. Volume

1828.82

Dividend Yield

Financial Metrics & Statements of Veejay Lakshmi Engineering Works Ltd (522267.BO)

FAQ's for Veejay Lakshmi Engineering Works Ltd (522267.BO)

According to Musaffa’s Shariah screening methodology, Veejay Lakshmi Engineering Works Ltd (522267.BO) is currently classified as NOT HALAL as of February 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.