Is Garg Furnace Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Garg Furnace Ltd (530615.BO) is currently classified as 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 Garg Furnace 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 Garg Furnace Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Garg Furnace Ltd?

Muslim investors may consider investing in Garg Furnace 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 Garg Furnace Ltd classified as HALAL?

Musaffa determines the Shariah status of Garg Furnace 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 Garg Furnace Ltd updated?

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

Can a halal stock like Garg Furnace 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 Garg Furnace Ltd?

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

Garg Furnace Ltd 530615.BO

₹132.00 ₹9.80 (6.91%) 1D

Last Updated: May 15, 12:00 AM·BSE

530615.BO Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 27, 2026

Report Source: 2026 2nd Quarter Report

Garg Furnace Ltd. Stock Analysis 530615.BO

India Materials Nano Cap Report: Q2, 2026

Garg Furnace Ltd. engages in the manufacture and sale of alloy and non-alloy steel products. The company is headquartered in Ludhiana, Punjab and currently employs 69 full-time employees. The company went IPO on 2003-11-05. The Company’s furnace division manufactures steel billets and ingots. The company offers billets in various sizes, such as 80 x 80 square millimeter (sq.mm), 100 x 100 sq.mm, 125 x 125 sq.mm, and 150 x 150 sq.mm. In its rolling division, alloy and non-alloy round steel bar/square bars of different sizes are manufactured.

Key Statistics of Garg Furnace Ltd (530615.BO)

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

Today's Range

₹132.00₹141.80

Today's Open

₹141.80

Volume

1134.00

P/E Ratio (TTM)

9.17

52 Week Range

₹115.00₹265.80

Market Cap

705.31M

Avg. Volume

2346.86

Dividend Yield

Financial Metrics & Statements of Garg Furnace Ltd (530615.BO)

FAQ's for Garg Furnace Ltd (530615.BO)

According to Musaffa’s Shariah screening methodology, Garg Furnace Ltd (530615.BO) is currently classified as 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.