Is Nelcast Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Nelcast Ltd (NELCAST.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 Nelcast 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 Nelcast Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Nelcast Ltd?

Muslim investors may consider investing in Nelcast 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 Nelcast Ltd classified as HALAL?

Musaffa determines the Shariah status of Nelcast 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 Nelcast Ltd updated?

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

Can a halal stock like Nelcast 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 Nelcast Ltd?

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

NELCAST.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 07, 2026

Report Source: 2026 3rd Quarter Report

Nelcast Ltd. Stock Analysis NELCAST.NS

India Materials Micro Cap Report: Q3, 2026

Nelcast Ltd. engages in the manufacture and sale of iron castings. The company is engaged in the production of ductile and gray iron castings. Its products cater to the automotive, tractor, construction, mining, railways and general engineering sectors. Its product categories include commercial vehicle components, tractor/farm equipment, off-highway/army components, railways, sports utility vehicle (SUV)/car components and power train components. Its powertrain components include gearbox housin, flywheel housing and exhaust manifold. Its railway products include base plates for balla stless track systems and brake discs. Its SUV/car components include case body, case cap, and drive head. Its tractor/farm components include hydraulic lift cover, axle housing, four-wheel drive, front axle housing, transmission clutch housing, front engine support and others. Its commercial vehicle components include wheel hub, bearing cap, brake drum, brake disc rotor and others.

Key Statistics of Nelcast Ltd (NELCAST.NS)

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

Today's Range

₹141.18₹147.60

Today's Open

₹145.49

Volume

287.23K

P/E Ratio (TTM)

34.08

52 Week Range

₹84.10₹180.90

Market Cap

12.88B

Avg. Volume

319.83K

Dividend Yield

0.34%

Financial Metrics & Statements of Nelcast Ltd (NELCAST.NS)

FAQ's for Nelcast Ltd (NELCAST.NS)

According to Musaffa’s Shariah screening methodology, Nelcast Ltd (NELCAST.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.