Wheels India Ltd 590073.BO
₹1,388.90 ₹11.60 (0.83%) 1D
Last Updated: Aug 07, 12:00 AM·BSE
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590073.BO Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Wheels India Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Wheels India Ltd. Stock Analysis 590073.BO
India Consumer Discretionary Small Cap Wheels India Ltd. designs and manufactures road wheels. The company is headquartered in Chennai, Tamil Nadu and currently employs 2,593 full-time employees. The firm is a supplier of wheels to manufacturers of commercial vehicles, passenger vehicles, agricultural tractors and construction equipment. Its segments include Automotive Components and Industrial Components. Its product categories include wheels, vehicle chassis and suspension, renewable energy components, fabricated and precision products, hydraulic cylinders, railway and aftermarket. Its air suspension systems are designed for commuter and intercity buses, coaches, ICVs, and electric vehicles. Its vehicle chassis and suspension products include FTS 2 ton series, FTS 3 ton series, FLS 4 ton series and others. The firm's renewable energy components include stiffening plate, torque plate, pitch plate, rotor lock disc, seal contact rings, yaw ring / yaw gear and others. The company provides hydraulic cylinders for energy equipment and off-road vehicles.
Wheels India Ltd (590073.BO) Chart
Financial Metrics & Statements of Wheels India Ltd (590073.BO)
FAQ's for Wheels India Ltd (590073.BO)
- As of August 2026, Wheels India Ltd 590073.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 Wheels India Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Wheels India 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 Wheels India 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 Wheels India 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 Wheels India 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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