Is New Light Industries Ltd halal to invest in?

As of July 2026, New Light Industries Ltd 540243.BO is classified as not 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.

Is New Light Industries 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 New Light Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of New Light Industries Ltd?

Muslim investors may consider investing in New Light Industries 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 New Light Industries Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of New Light Industries 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 New Light Industries Ltd updated?

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

Can a halal stock like New Light Industries 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 New Light Industries Ltd?

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

New Light Industries Ltd 540243.BO

Last Updated: Jul 20, 12:00 AM·BSE

540243.BO Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, New Light Industries Ltd is classified as not halal.

NOT HALAL

Report Source: 2024 Annual Report

New Light Industries Ltd. Stock Analysis 540243.BO

India N/A Nano Cap Report: 2024 Annual

New Light Industries Ltd. engages in the manufacture, export, and supply of apparels. The company is headquartered in New Delhi, Delhi. The company went IPO on 2017-01-03. The firm specializes in manufacturing tailored apparel and uniforms. The company deals in school uniforms, center and state government education programs and their sponsorship programs. The company also deals in corporate and private dress materials and other textile materials. Its products include school uniforms, sportswear, corporate uniforms and sanitary pads. The company offers a range of uniform options, including shirts, pants, shorts, tunic, sweater, blazer, waistcoat, tracksuit for summer sports and warm hoodies sets for winter, socks, ties and belts. Its athletic apparel features moisture-wicking t-shirts, both polo and round neck, breathable shorts, and other sportswear. Its corporate collection features functional company uniforms.

Key Statistics of New Light Industries Ltd (540243.BO)

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

Today's Range

₹1.33₹1.44

Today's Open

₹1.33

Volume

60.09K

P/E Ratio (TTM)

27.64

52 Week Range

₹1.09₹2.27

Market Cap

116.51M

Avg. Volume

99.16K

Dividend Yield

Financial Metrics & Statements of New Light Industries Ltd (540243.BO)

Super Investors Invested in New Light Industries Ltd (540243.BO)

FAQ's for New Light Industries Ltd (540243.BO)

As of July 2026, New Light Industries Ltd 540243.BO is classified as not 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 New Light Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in New Light Industries 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 New Light Industries 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 New Light Industries 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 New Light Industries Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.