Is Munjal Showa Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Munjal Showa Ltd (MUNJALSHOW.NS) is currently classified as NOT HALAL as of January 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 Munjal Showa 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 Munjal Showa Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Munjal Showa Ltd?

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

Musaffa determines the Shariah status of Munjal Showa 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 Munjal Showa Ltd updated?

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

Can a halal stock like Munjal Showa 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 Munjal Showa Ltd?

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

MUNJALSHOW.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 01, 2026

Report Source: 2026 2nd Quarter Report

Munjal Showa Ltd. Stock Analysis MUNJALSHOW.NS

India Consumer Discretionary Micro Cap Report: Q2, 2026

Munjal Showa Ltd. engages in the manufacture and sale of auto components. The firm is a supplier of shock absorber, front forks struts, and gas springs. The company is engaged in manufacturing wide array of original equipment (OEM) parts like struts, dampers, front forks, rear cushions, and gas springs. The company is specialized in crafting struts and shock absorbers for both two-wheelers and four-wheelers. The Company’s products include splendor, ignitor, hunk, pleasure, ignitor, maestro, unicorn, super splendor, SZ-yamaha, HF-deluxe, xtreme sports, and passion. The firm caters to brands like Maruti Suzuki, Honda, Hero Motocorp, Yamaha, and various electric vehicle startups.

Key Statistics of Munjal Showa Ltd (MUNJALSHOW.NS)

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

Today's Range

₹130.10₹134.98

Today's Open

₹134.50

Volume

27.18K

P/E Ratio (TTM)

18.56

52 Week Range

₹110.30₹157.50

Market Cap

5.24B

Avg. Volume

55.11K

Dividend Yield

3.37%

Financial Metrics & Statements of Munjal Showa Ltd (MUNJALSHOW.NS)

FAQ's for Munjal Showa Ltd (MUNJALSHOW.NS)

According to Musaffa’s Shariah screening methodology, Munjal Showa Ltd (MUNJALSHOW.NS) is currently classified as NOT HALAL as of January 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.