Is Alicon Castalloy Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Alicon Castalloy Ltd (ALICON.NS) is currently classified as HALAL as of March 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 Alicon Castalloy 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 Alicon Castalloy Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Alicon Castalloy Ltd?

Muslim investors may consider investing in Alicon Castalloy 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 Alicon Castalloy Ltd classified as HALAL?

Musaffa determines the Shariah status of Alicon Castalloy 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 Alicon Castalloy Ltd updated?

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

Can a halal stock like Alicon Castalloy 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 Alicon Castalloy Ltd?

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

ALICON.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 06, 2026

Report Source: 2026 3rd Quarter Report

Alicon Castalloy Ltd. Stock Analysis ALICON.NS

India Consumer Discretionary Micro Cap Report: Q3, 2026

Alicon Castalloy Ltd. operates as a holding company, which engages in the manufacture and sale of aluminum die castings for the automotive industry. The company is headquartered in Pune, Maharashtra and currently employs 880 full-time employees. The firm provides end-to-end solutions across the spectrum of aluminum casting needs in both the domestic and global markets. Its diversified products and high-end solutions are designed to cater to the needs of diverse industries. The company offers a comprehensive suite of casting services, including design, engineering, casting, machining, assembly, painting, and surface treatment of aluminum components. The company also exports its products to countries, including the United States of America and the United Kingdom. The Company’s products include 2W Cylinder Head, Compressor Housing, 4W Cylinder Head, Fully Finished Cylinder Head, Housing, Transcradle, Inlet Pipe, Cac Tank, Swing Arm, Battery Tray, Motor Housing, Motor Stator, Controller Housing, Top Yoke/Bridge Fork Top, Enclosure Body, Distributor Housing, Inverter Casing, Cooling/Junction Box, Transmission Case, and E-axle.

Key Statistics of Alicon Castalloy Ltd (ALICON.NS)

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

Today's Range

₹653.05₹694.00

Today's Open

₹672.00

Volume

23.62K

P/E Ratio (TTM)

23.62

52 Week Range

₹580.00₹1,022.00

Market Cap

11.50B

Avg. Volume

19.39K

Dividend Yield

1.50%

Financial Metrics & Statements of Alicon Castalloy Ltd (ALICON.NS)

FAQ's for Alicon Castalloy Ltd (ALICON.NS)

According to Musaffa’s Shariah screening methodology, Alicon Castalloy Ltd (ALICON.NS) is currently classified as HALAL as of March 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.