Is Ashoka Buildcon Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ashoka Buildcon Ltd (ASHOKA.NS) is currently classified as NOT 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 Ashoka Buildcon 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 Ashoka Buildcon Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ashoka Buildcon Ltd?

Muslim investors may consider investing in Ashoka Buildcon 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 Ashoka Buildcon Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Ashoka Buildcon 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 Ashoka Buildcon Ltd updated?

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

Can a halal stock like Ashoka Buildcon 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 Ashoka Buildcon Ltd?

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

ASHOKA.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 13, 2026

Report Source: 2026 3rd Quarter Report

Ashoka Buildcon Ltd. Stock Analysis ASHOKA.NS

India Industrials Small Cap Report: Q3, 2026

Ashoka Buildcon Ltd. operates as a holding company. The company is headquartered in Nashik, Maharashtra and currently employs 2,474 full-time employees. The company went IPO on 2010-10-14. The firm is engaged in the engineering, procurement and construction (EPC), build-operate-transfer (BOT), and hybrid annuity mode (HAM) businesses. Its segments include Construction & Contract, BOT/Annuity Projects and Sale of Goods. The Construction & Contract segment includes engineering, procurement and construction activity for road, rail and power projects. The BOT/Annuity Projects segment includes toll collection and hybrid annuity road projects. The Sale of Goods segment includes the sale of ready-mix concrete, real estate, and city gas distribution. Its verticals include highways and bridges, power, railways, buildings, city gas distribution, and water. Its water vertical includes the designing and construction of modular Sewage Treatment Plants. Its projects include the 8 Lane Extra Dosed Cable Stayed Bridge, Eastern Peripheral Expressway, Mopa Airport Link Project, Goa, and Railway Over Bridge.

Key Statistics of Ashoka Buildcon Ltd (ASHOKA.NS)

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

Today's Range

₹127.61₹130.80

Today's Open

₹129.40

Volume

633.33K

P/E Ratio (TTM)

2.15

52 Week Range

₹101.00₹230.80

Market Cap

38.12B

Avg. Volume

1.58M

Dividend Yield

Financial Metrics & Statements of Ashoka Buildcon Ltd (ASHOKA.NS)

FAQ's for Ashoka Buildcon Ltd (ASHOKA.NS)

According to Musaffa’s Shariah screening methodology, Ashoka Buildcon Ltd (ASHOKA.NS) is currently classified as NOT 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.