Is Shri Gang Industries and Allied Products Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shri Gang Industries and Allied Products Ltd (523309.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 Shri Gang Industries and Allied Products 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 Shri Gang Industries and Allied Products Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shri Gang Industries and Allied Products Ltd?

Muslim investors may consider investing in Shri Gang Industries and Allied Products 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 Shri Gang Industries and Allied Products Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Shri Gang Industries and Allied Products 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 Shri Gang Industries and Allied Products Ltd updated?

The Shariah compliance status of Shri Gang Industries and Allied Products Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Shri Gang Industries and Allied Products 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 Shri Gang Industries and Allied Products Ltd?

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

Shri Gang Industries and Allied Products Ltd 523309.BO

₹76.01 ₹0.32 (0.42%) 1D

Last Updated: May 15, 12:00 AM·BSE

523309.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 12, 2026

Report Source: 2026 2nd Quarter Report

Shri Gang Industries and Allied Products Ltd. Stock Analysis 523309.BO

India Consumer Staples Nano Cap Report: Q2, 2026

Shri Gang Industries & Allied Products Ltd. engages in the manufacture and sale of edible oils. The company is headquartered in New Delhi, Delhi and currently employs 235 full-time employees. The firm's segments include Liquor Operations and Edible Oil Operations. The firm is engaged in manufacturing Indian Made Foreign Liquor (IMFL) for United Spirits Limited in their brands. The firm also supplies extra neutral alcohol (ENA) to United Spirits Limited. Its grain ENA production capacity is approximately 55 kiloliters per day. The firm's bottling production capacity is around 10,000 cases per day. Its plant is located in UPSIDC Industrial Area, Hardoi, Uttar Pradesh. Its vanaspati production capacity is approximately 175 metric tons (MT) per day, and its refined oil production capacity is around 100 MT per day. The firm sells its products under the brand name of APNA & Mr. Baker and Golden Cascade.

Key Statistics of Shri Gang Industries and Allied Products Ltd (523309.BO)

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

Today's Range

₹76.01₹78.03

Today's Open

₹76.33

Volume

6338.00

P/E Ratio (TTM)

5.37

52 Week Range

₹61.41₹109.75

Market Cap

1.62B

Avg. Volume

21.44K

Dividend Yield

Financial Metrics & Statements of Shri Gang Industries and Allied Products Ltd (523309.BO)

FAQ's for Shri Gang Industries and Allied Products Ltd (523309.BO)

According to Musaffa’s Shariah screening methodology, Shri Gang Industries and Allied Products Ltd (523309.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.