Is Goodluck India Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Goodluck India Ltd (GOODLUCK.NS) is currently classified as NOT HALAL as of February 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 Goodluck India 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 Goodluck India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Goodluck India Ltd?

Muslim investors may consider investing in Goodluck 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.

Why is Goodluck India Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Goodluck India 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 Goodluck India Ltd updated?

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

Can a halal stock like Goodluck India 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 Goodluck India Ltd?

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

GOODLUCK.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 26, 2026

Report Source: 2026 3rd Quarter Report

Goodluck India Ltd. Stock Analysis GOODLUCK.NS

India Materials Small Cap Report: Q3, 2026

Goodluck India Ltd. engages in the manufacture and sale of steel products. The company is in the business of manufacturing iron and steel products. Its products include Electric Resistance Welded (ERW) precision and CDW Tubes, Forged Flanges, Custom Forgings, Power and Telecom Towers, Solar Structures, ERW Hot Dip Galvanized Pipes, Black Pipes, Black and GI Hollow Sections, Road Safety Product Galvanized Plain and Corrugated Sheets. Its products are being used by end-customers, such as automobile manufacturers, infrastructure, engineering industries, defense, aerospace, oil and gas industries and others. The firm operates through over six manufacturing facilities. The company has a presence in approximately 100 countries across the globe.

Key Statistics of Goodluck India Ltd (GOODLUCK.NS)

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

Today's Range

₹1,319.10₹1,384.60

Today's Open

₹1,361.90

Volume

122.21K

P/E Ratio (TTM)

26.65

52 Week Range

₹707.00₹1,475.00

Market Cap

43.22B

Avg. Volume

163.88K

Dividend Yield

0.38%

Financial Metrics & Statements of Goodluck India Ltd (GOODLUCK.NS)

FAQ's for Goodluck India Ltd (GOODLUCK.NS)

According to Musaffa’s Shariah screening methodology, Goodluck India Ltd (GOODLUCK.NS) is currently classified as NOT HALAL as of February 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.