Is Megatherm Induction Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Megatherm Induction Ltd (MEGATHERM.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 Megatherm Induction 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 Megatherm Induction Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Megatherm Induction Ltd?

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.

Why is Megatherm Induction Ltd classified as HALAL?

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.

How often is the Shariah compliance for Megatherm Induction Ltd updated?

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

Can a halal stock like Megatherm Induction 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 Megatherm Induction Ltd?

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.

Megatherm Induction Ltd MEGATHERM.NS

₹261.70 ₹0.60 (0.23%) 1D

Last Updated: May 15, 12:00 AM·NSE

MEGATHERM.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 12, 2026

Report Source: 2026 2nd Quarter Report

Megatherm Induction Ltd. Stock Analysis MEGATHERM.NS

India Industrials Micro Cap Report: Q2, 2026

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.

Key Statistics of Megatherm Induction Ltd (MEGATHERM.NS)

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

Today's Range

₹261.70₹262.30

Today's Open

₹262.30

Volume

2400.00

P/E Ratio (TTM)

23.28

52 Week Range

₹170.00₹380.00

Market Cap

5.35B

Avg. Volume

19.25K

Dividend Yield

Financial Metrics & Statements of Megatherm Induction Ltd (MEGATHERM.NS)

FAQ's for Megatherm Induction Ltd (MEGATHERM.NS)

According to Musaffa’s Shariah screening methodology, Megatherm Induction Ltd (MEGATHERM.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.