Is Laxmi Cotspin Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Laxmi Cotspin Ltd (LAXMICOT.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 Laxmi Cotspin 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 Laxmi Cotspin Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Laxmi Cotspin Ltd?

Muslim investors may consider investing in Laxmi Cotspin 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 Laxmi Cotspin Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Laxmi Cotspin 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 Laxmi Cotspin Ltd updated?

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

Can a halal stock like Laxmi Cotspin 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 Laxmi Cotspin Ltd?

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

Laxmi Cotspin Ltd LAXMICOT.NS

₹14.37 ₹0.17 (1.20%) 1D

Last Updated: May 15, 12:00 AM·NSE

LAXMICOT.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 02, 2026

Report Source: 2026 2nd Quarter Report

Laxmi Cotspin Ltd. Stock Analysis LAXMICOT.NS

India N/A Nano Cap Report: Q2, 2026

Laxmi Cotspin Ltd. engages in the business of cotton processing in the textile industry. The firm is a manufacturer of yarn. The company has ring spinning and open-end unit to cater to the yarn markets in Maharashtra and Gujarat. Its business is spread among home textiles, the weaving sector, denim manufacturers and hosiery manufacturers through open-end yarn and ring spun yarn. The company also manufactures 100% quality cotton combed and carded hosiery/ warp conventional, organic and better cotton initiative (BCI) yarn in the count range of 10s Ne to 40s Ne for the purpose of exporting to Asian and European countries. The Company’s factory is located in the middle of the cotton growing areas of Marathwada and Vidarbha regions at Samangaon, 12 kilometers (km) away from Jalna.

Key Statistics of Laxmi Cotspin Ltd (LAXMICOT.NS)

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

Today's Range

₹13.78₹14.39

Today's Open

₹14.20

Volume

1542.00

P/E Ratio (TTM)

53.44

52 Week Range

₹11.70₹33.00

Market Cap

245.90M

Avg. Volume

9250.68

Dividend Yield

Financial Metrics & Statements of Laxmi Cotspin Ltd (LAXMICOT.NS)

FAQ's for Laxmi Cotspin Ltd (LAXMICOT.NS)

According to Musaffa’s Shariah screening methodology, Laxmi Cotspin Ltd (LAXMICOT.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.