Is VETO Switch Gears And Cables Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, VETO Switch Gears And Cables Ltd (VETO.NS) is currently classified as 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 VETO Switch Gears And Cables 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 VETO Switch Gears And Cables Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of VETO Switch Gears And Cables Ltd?

Muslim investors may consider investing in VETO Switch Gears And Cables 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 VETO Switch Gears And Cables Ltd classified as HALAL?

Musaffa determines the Shariah status of VETO Switch Gears And Cables 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 VETO Switch Gears And Cables Ltd updated?

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

Can a halal stock like VETO Switch Gears And Cables 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 VETO Switch Gears And Cables Ltd?

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

VETO.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 13, 2026

Report Source: 2026 2nd Quarter Report

VETO Switch Gears And Cables Ltd. Stock Analysis VETO.NS

India Industrials Nano Cap Report: Q2, 2026

Veto Switchgears & Cables Ltd. engages in the manufacture of wires and cables, electrical accessories, industrial cables, fans, CFL lamps, pumps, modular switches, LED lights, immersion heater, MCB and distribution boards. The company employs 336 full-time employees The company went IPO on 2012-12-12. The firm operates through three segments: Wire and Cables, Lighting & Fittings, and Accessories & Others. The firm's product portfolio ranges from slim LED panel, concealed light, deep light, spotlight, floodlight, streetlight, strip light, rope light, LED bulb, LED tube light, wall and track light, surface panel, vimal multi strand cables, veto multistrand cables, vimal flexible wire, ceiling fan, wall fan, pedestal fan, table fan, circuit breaker, distribution panels, isolator, AC box, ding-dong bell, stereo bells, multi tune bells, and extension cords. The firm has its manufacturing unit in Haridwar. The firm's subsidiaries include Veto Electricals Private Limited, Vankon Modular Private Limited, and others.

Key Statistics of VETO Switch Gears And Cables Ltd (VETO.NS)

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

Today's Range

₹108.35₹111.78

Today's Open

₹111.75

Volume

42.02K

P/E Ratio (TTM)

9.42

52 Week Range

₹82.32₹141.00

Market Cap

2.11B

Avg. Volume

47.57K

Dividend Yield

0.85%

Financial Metrics & Statements of VETO Switch Gears And Cables Ltd (VETO.NS)

FAQ's for VETO Switch Gears And Cables Ltd (VETO.NS)

According to Musaffa’s Shariah screening methodology, VETO Switch Gears And Cables Ltd (VETO.NS) is currently classified as 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.