AJAX Engineering Ltd AJAXENGG.NS
₹559.70 ₹5.35 (0.95%) 1D
Last Updated: Oct 16, 12:00 AM·NSE
Pricing for IN stocks is delayed by 24 hours
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
News
Pricing
Company
About Musaffa
Investors
Build with us
Is AJAX Engineering Ltd Stock Halal?
Shariah Compliance Analysis of AJAXENGG.NS Stock
India Industrials Small Cap Yes. As of October 2026, AJAX Engineering Ltd (AJAXENGG.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. AJAX Engineering Ltd passes Musaffa's business and financial screening criteria.
Ajax Engineering Ltd. engages in the manufacture and supply of self-loading mobile concrete mixers, concrete batching plants, and dumper placers. The company is headquartered in Bangalore, Karnataka and currently employs 487 full-time employees. The company went IPO on 2025-02-17. The firm is in the business of manufacturing self-loading concrete mixers, concrete batching plants and concrete pumps, being used across various sectors. The firm has developed a product portfolio that includes equipment such as self-loading concrete mixers (SLCMs) and batching plants to produce concrete, transit mixers for the transportation of concrete, boom pumps, concrete pumps and self-propelled boom pumps for the placement of concrete, slip-form pavers for the paving of concrete and three-dimension (3D) concrete printers for depositing concrete. The company also provides spare parts for the equipment and facilitate the provision of after-sales service by dealers. Its products and solutions include Self Loading Concrete Mixer, Batching Plants, Pavers, Transit Mixers, Dumpers, Boom Pumps, and Stationary pumps. Its tunnel dumpers product includes ARGO 2000DM and ARGO 4000DM. Its Pavers products include SPX 745 and SPX 1024.
AJAXENGG.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, AJAX Engineering Ltd is classified as halal.
HALALAJAX Engineering Ltd (AJAXENGG.NS) Chart
Fetching Price Chart...
Financial Metrics & Statements of AJAX Engineering Ltd (AJAXENGG.NS)
FAQ's for AJAX Engineering Ltd (AJAXENGG.NS)
- As of October 2026, AJAX Engineering Ltd AJAXENGG.NS 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 AJAX Engineering Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in AJAX 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 AJAX 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 AJAX 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 AJAX Engineering Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to AJAX Engineering Ltd (AJAXENGG.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
