Victory Electric Vehicles International Ltd VICTORYEV.NS
₹13.65
Last Updated: Oct 13, 12:00 AM·NSE
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Is Victory Electric Vehicles International Ltd Stock Halal?
Shariah Compliance Analysis of VICTORYEV.NS Stock
India N/A Nano Cap No. As of October 2026, Victory Electric Vehicles International Ltd (VICTORYEV.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Victory Electric Vehicles International Ltd does not pass Musaffa's business and financial screening criteria.
Victory Electric Vehicles International Ltd. engages in the manufacturing and sale of of electric vehicles. The company is headquartered in New Delhi, Delhi. The company went IPO on 2026-01-14. The firm is engaged in the business of manufacturing battery-operated electric rickshaws, solar rickshaws, auto-rickshaws, motor vehicles, scooters, motor scooters, three-wheelers, motorcycles, cycles automobiles, motorcars. Its products include the E Rickshaw, L5 Auto, E Scooter, E Loader and Customized E Rickshaw. Its E Rickshaw includes Victory Sumfonal Deluxe, Victory Sumfonal Super Deluxe, Victory Sumfonal Pro, Victory Sumfonal Deluxe, Victory Sumfonal Super Deluxe and Victory Vikrant Auto. Electric L5 Auto includes Victory City Star, Victory Virat, Victory King, Victory Tejas and Victory Jitto. E Scooter includes Victory Smart, Victory Spark, Victory Sporty, Victory Star, Victory Ventura, Victory Veero and Victory Oza. E Loader includes Victory Vikrant Loader (Closed Box), Victory Vikrant Loader (Open Box), Victory Bhim Loader (Rickshaw Type) and others.
VICTORYEV.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Victory Electric Vehicles International Ltd is classified as not halal.
NOT HALALVictory Electric Vehicles International Ltd (VICTORYEV.NS) Chart
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Financial Metrics & Statements of Victory Electric Vehicles International Ltd (VICTORYEV.NS)
FAQ's for Victory Electric Vehicles International Ltd (VICTORYEV.NS)
- As of October 2026, Victory Electric Vehicles International Ltd VICTORYEV.NS is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Victory Electric Vehicles International Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Victory Electric Vehicles International 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.
- Musaffa determines the Shariah status of Victory Electric Vehicles International Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Victory Electric Vehicles International Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Victory Electric Vehicles International Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Victory Electric Vehicles International Ltd (VICTORYEV.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
