Is MIRC Electronics Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, MIRC Electronics Ltd (MIRCELECTR.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 MIRC Electronics 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 MIRC Electronics Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of MIRC Electronics Ltd?

Muslim investors may consider investing in MIRC Electronics 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 MIRC Electronics Ltd classified as HALAL?

Musaffa determines the Shariah status of MIRC Electronics 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 MIRC Electronics Ltd updated?

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

Can a halal stock like MIRC Electronics 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 MIRC Electronics Ltd?

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

MIRCELECTR.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 06, 2026

Report Source: 2026 3rd Quarter Report

MIRC Electronics Ltd. Stock Analysis MIRCELECTR.NS

India Consumer Staples Micro Cap Report: Q3, 2026

MIRC Electronics Ltd. engages in the manufacture and marketing of electronics goods primarily under the brand names Onida and IGO. The company is headquartered in Mumbai, Maharashtra and currently employs 460 full-time employees. The firm is engaged in the business of manufacture and marketing of consumer electronics goods primarily under the brand name Onida. The firm has a single reportable segment, namely Consumer Durable products. The Company’s product categories include televisions, air conditioners, washing machines, microwave ovens, refrigerators, health care, air cooler, and dish washer. Its television products include Onida Google TV Nexg Series 75UIG and Onida Google TV Nexg Series 65UIG. Its refrigerator products include ONIDA 190 L DC single door 3-star refrigerator (Tulip Wine, RDS2053R) and ONIDA 190 L direct cool single door 3-star refrigerator. Its healthcare product is ONIDA OIRT1983 infrared thermometer. Its air cooler products include Aero PC22AWG, Aero PC35AWG, Tempest DC52TWB and Tempest DC80TWB. The firm has three manufacturing plants namely, Wada (Maharashtra), Lote-Parshuram, Chiplun (Maharashtra) and Roorkee-II (Uttarakhand).

Key Statistics of MIRC Electronics Ltd (MIRCELECTR.NS)

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

Today's Range

₹40.75₹47.20

Today's Open

₹46.12

Volume

5.77M

P/E Ratio (TTM)

52 Week Range

₹12.15₹49.23

Market Cap

12.41B

Avg. Volume

4.76M

Dividend Yield

Financial Metrics & Statements of MIRC Electronics Ltd (MIRCELECTR.NS)

FAQ's for MIRC Electronics Ltd (MIRCELECTR.NS)

According to Musaffa’s Shariah screening methodology, MIRC Electronics Ltd (MIRCELECTR.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.