Yes. As of October 2026, GTV Engineering Ltd (539479.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. GTV Engineering Ltd passes Musaffa's business and financial screening criteria.
GTV Engineering Ltd. engages in the provision of steel fabrication input services. The company caters to the original equipment manufacturers (OEM) clients in the steel, cement, mining, hydropower and thermal power sectors. Its segments include Hi-Tech Fabrication Engineering, Flour Division and Agro Product trading. Its product categories include hydro, thermal, mining and minerals, steel, cement, and abrasion-resistant wear products. Its hydro products include francis turbines, including stay rings & spiral casings, draft tube liner & cone, stay ring with spiral casings, discharge elbows, radial gates, inner casing, exhaust hood, and others. Its mining and minerals products include bucket wheel stacker cum reclaimer, wagon tippler, ball mills, main bearing assembly, HRP frames, transfer car, HR thickener C type, coal bin, and others. Its steel products include ESP casings, stove shells, gas coolers, and tundish cars.
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GTV Engineering Ltd 539479.BO
₹19.21 ₹0.80 (4.00%) 1D
Last Updated: Oct 09, 12:00 AM·BSE
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539479.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, GTV Engineering Ltd is classified as halal.
HALAL
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FAQ's for GTV Engineering Ltd (539479.BO)
As of October 2026, GTV Engineering Ltd 539479.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 GTV Engineering Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in GTV Engineering 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 GTV Engineering 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 GTV Engineering 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 GTV Engineering Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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