Is Onward Technologies Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Onward Technologies Ltd (ONWARDTEC.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 Onward Technologies 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 Onward Technologies Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Onward Technologies Ltd?

Muslim investors may consider investing in Onward Technologies 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 Onward Technologies Ltd classified as HALAL?

Musaffa determines the Shariah status of Onward Technologies 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 Onward Technologies Ltd updated?

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

Can a halal stock like Onward Technologies 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 Onward Technologies Ltd?

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

ONWARDTEC.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 06, 2026

Report Source: 2026 3rd Quarter Report

Onward Technologies Ltd. Stock Analysis ONWARDTEC.NS

India Information Technology Micro Cap Report: Q3, 2026

Onward Technologies Ltd. engages in the provision of engineering design and IT services. The company is headquartered in Mumbai, Maharashtra. The firm is focused on three verticals: transportation and mobility, industrial equipment and heavy machinery, and healthcare and medical technology (MedTech). Its service lines include digital services, mechanical engineering services, embedded and electronics engineering services, and information technology services. Its digital services include engineering automation, big data analytics, cloud and DevOps, artificial intelligence/machine learning, and digital with virtual reality/augmented reality. Its mechanical engineering services include new product design and development, and value engineering. Its embedded and electronics engineering services include platform services hardware, software and connectivity solutions. Its information technology services include enterprise applications, and data management and reporting.

Key Statistics of Onward Technologies Ltd (ONWARDTEC.NS)

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

Today's Range

₹264.01₹275.30

Today's Open

₹272.00

Volume

227.16K

P/E Ratio (TTM)

22.39

52 Week Range

₹208.25₹385.00

Market Cap

5.75B

Avg. Volume

160.03K

Dividend Yield

1.88%

Financial Metrics & Statements of Onward Technologies Ltd (ONWARDTEC.NS)

FAQ's for Onward Technologies Ltd (ONWARDTEC.NS)

According to Musaffa’s Shariah screening methodology, Onward Technologies Ltd (ONWARDTEC.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.