Is Mukand Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Mukand Ltd (MUKANDLTD.NS) is currently classified as NOT HALAL as of December 2025. 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 Mukand 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 Mukand Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Mukand Ltd?

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

Musaffa determines the Shariah status of Mukand 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 Mukand Ltd updated?

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

Can a halal stock like Mukand 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 Mukand Ltd?

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

MUKANDLTD.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 23, 2025

Report Source: 2026 2nd Quarter Report

Mukand Ltd. Stock Analysis MUKANDLTD.NS

India Materials Micro Cap Report: Q2, 2026

Mukand Ltd. engages in the manufacturing and sale of alloy steel products, rods, structural, rails, and stainless-steel bars. The company is headquartered in Mumbai, Maharashtra and currently employs 1,446 full-time employees. The Company’s segments include Specialty Steel, Industrial Machinery and Engineering Contracts, and Others. The Specialty Steel segment includes products, such as billets, blooms, rounds, wire rods, bars, rods and sections, bright bars and wires of special and alloy steel and stainless steel. The Industrial Machinery and Engineering Contracts segment includes EOT and other cranes, steel structural, material handling equipment, and processing plant and equipment, among others. The Others segment comprises road construction, property development and operations of non-banking financial activities. The firm has two manufacturing facilities located in Maharashtra and Karnataka.

Key Statistics of Mukand Ltd (MUKANDLTD.NS)

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

Today's Range

₹134.00₹147.95

Today's Open

₹139.25

Volume

1.33M

P/E Ratio (TTM)

26.09

52 Week Range

₹98.20₹162.00

Market Cap

20.16B

Avg. Volume

308.11K

Dividend Yield

1.45%

Financial Metrics & Statements of Mukand Ltd (MUKANDLTD.NS)

FAQ's for Mukand Ltd (MUKANDLTD.NS)

According to Musaffa’s Shariah screening methodology, Mukand Ltd (MUKANDLTD.NS) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.