Is Sharp Chucks and Machines Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Sharp Chucks and Machines Ltd (SCML.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 Sharp Chucks and Machines 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 Sharp Chucks and Machines Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Sharp Chucks and Machines Ltd?

Muslim investors may consider investing in Sharp Chucks and Machines 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 Sharp Chucks and Machines Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Sharp Chucks and Machines 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 Sharp Chucks and Machines Ltd updated?

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

Can a halal stock like Sharp Chucks and Machines 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 Sharp Chucks and Machines Ltd?

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

Sharp Chucks and Machines Ltd SCML.NS

₹142.00

Last Updated: May 15, 12:00 AM·NSE

SCML.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2026

Report Source: 2026 2nd Quarter Report

Sharp Chucks and Machines Ltd. Stock Analysis SCML.NS

India Industrials Nano Cap Report: Q2, 2026

Sharp Chucks & Machines Ltd. manufactures and exports forgings, castings, and chucks and machine tools. The company is headquartered in Jalandhar, Punjab and currently employs 548 full-time employees. The company went IPO on 2023-10-12. The firm is engaged in manufacturing and exporting hand tools and machine tools along with fully finished forged and graded casting parts and assemblies supplied to original equipment manufacturer (OEM) in tractor and automobile industries in India. Its product range includes Machine Tools, and Lathe & Power Chucks. Its Machine Tools include Back Plates, Drill Chucks with Keys, Revolving Centre, Sleevers & Arbors, and Spares. Its Lathe & Power Chucks include Self Centering Lathe Chucks (Standard Jaws), Self Centering Lathe Chucks (Master Top Jaws), Self Centering Lathe Chucks, Double Jaw Guide (Standard Jaws), Power Chuck Close Centre, Power Chuck Open Centre, Four Jaw Independent Chuck, Spare Parts of Lathe Chuck, Rotary Cylinder, Spare Parts of Power Chucks, among others. The firm also manufactures customized components as per customer specific requirements.

Key Statistics of Sharp Chucks and Machines Ltd (SCML.NS)

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

Today's Range

₹142.00₹142.00

Today's Open

₹142.00

Volume

1000.00

P/E Ratio (TTM)

52 Week Range

₹68.05₹159.50

Market Cap

1.50B

Avg. Volume

8650.00

Dividend Yield

Financial Metrics & Statements of Sharp Chucks and Machines Ltd (SCML.NS)

FAQ's for Sharp Chucks and Machines Ltd (SCML.NS)

According to Musaffa’s Shariah screening methodology, Sharp Chucks and Machines Ltd (SCML.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.