Is Automotive Stampings and Assemblies Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Automotive Stampings and Assemblies Ltd (ASAL.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 Automotive Stampings and Assemblies 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 Automotive Stampings and Assemblies Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Automotive Stampings and Assemblies Ltd?

Muslim investors may consider investing in Automotive Stampings and Assemblies 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 Automotive Stampings and Assemblies Ltd classified as HALAL?

Musaffa determines the Shariah status of Automotive Stampings and Assemblies 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 Automotive Stampings and Assemblies Ltd updated?

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

Can a halal stock like Automotive Stampings and Assemblies 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 Automotive Stampings and Assemblies Ltd?

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

ASAL.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 07, 2026

Report Source: 2026 3rd Quarter Report

Automotive Stampings and Assemblies Ltd. Stock Analysis ASAL.NS

India Consumer Discretionary Micro Cap Report: Q3, 2026

Automotive Stampings & Assemblies Ltd. engages in the manufacture of sheet metal stampings, welded assemblies, and modules for the automotive industry. The company is headquartered in Pune, Maharashtra. The company went IPO on 2003-07-28. Its product range includes body-in-white (BIW) structural panels, skin panels, fuel tanks, rear twist beam, oil sumps & suspension. The company manufactures and supplies sheet metal components, welded assemblies and modules for passenger vehicles, commercial vehicles and tractors. Its skin panels include panel front door, side panel outer right hand (RH), side panel outer left hand (LH), assembly side wall outer, assembly front panel outer, front cabin shield, assembly front bumper and assembly outer tail gate. Its BIW components include assembly body side inner, assembly cabin rear wall, assembly fire wall, assembly panel dash, rail-under-body and cabin-floor. The company has five manufacturing facilities located in Chakan, Pune (Maharashtra), Pantnagar (Uttarakhand), Sanand (Gujarat) and Jamshedpur (Jharkhand).

Key Statistics of Automotive Stampings and Assemblies Ltd (ASAL.NS)

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

Today's Range

₹475.65₹492.70

Today's Open

₹488.00

Volume

42.68K

P/E Ratio (TTM)

46.37

52 Week Range

₹374.50₹654.65

Market Cap

8.19B

Avg. Volume

78.68K

Dividend Yield

Financial Metrics & Statements of Automotive Stampings and Assemblies Ltd (ASAL.NS)

FAQ's for Automotive Stampings and Assemblies Ltd (ASAL.NS)

According to Musaffa’s Shariah screening methodology, Automotive Stampings and Assemblies Ltd (ASAL.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.