Yes. As of October 2026, Megatherm Induction Ltd (MEGATHERM.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Megatherm Induction Ltd passes Musaffa's business and financial screening criteria.
Megatherm Induction Ltd. engages in the manufacture and sale of capital equipment. The Company’s products include automation, forging shop and mass heating equipment, foundry melt shop equipment, heat treatment and special applications, pipes, and tube - heating, welding, power distribution equipment, solid state power supplies for induction melting and heating, steel melt shop equipment, and turnkey solutions. Its automation products include ARC Furnace & LRF Automation, CCM Automation, Heater Automation, IMF Automation, Plant Load Management and Remote Servicing - Megalink. Its forging shop and mass heating equipment include a modular billet heater, induction wire heater, billet heater, and bar end heater. Its foundry melt shop equipment includes ladle & preheaters, induction melting furnace, molding machine, sand plant and vacuum melting. The firm has a manufacturing plant in Kharagpur, West Bengal and sells primarily in domestic markets.
Megatherm Induction Ltd MEGATHERM.NS
₹245.90 ₹6.10 (2.42%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
Pricing for IN stocks is delayed by 24 hours
MEGATHERM.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Megatherm Induction Ltd is classified as halal.
HALAL
Megatherm Induction Ltd (MEGATHERM.NS) Chart
Fetching Price Chart...
Financial Metrics & Statements of Megatherm Induction Ltd (MEGATHERM.NS)
FAQ's for Megatherm Induction Ltd (MEGATHERM.NS)
As of October 2026, Megatherm Induction Ltd MEGATHERM.NS is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Megatherm Induction Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Megatherm Induction 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.
Musaffa determines the Shariah status of Megatherm Induction Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Megatherm Induction Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Megatherm Induction Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Megatherm Induction Ltd (MEGATHERM.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.