Tata Group is a big name that is a symbol of trust and reliability for every Indian. Whether you need automobiles, IT services or FMCG products, Tata Group is present in every industry. If you want to know which Tata stocks are halal, then Tata Group stocks can be a strong option for your portfolio.
In this blog we will know about the companies listed in Tata Group, whether Tata shares are halal or not
Is Tata Consultancy Services (TCS) a halal stock?
TCS is a global IT services leader. The company provides IT solutions and consulting services to clients around the world.
TCS is a halal stock. These sectors are halal in Islam and TCS has low debt.
- MKT Cap 15,37,163cr
- Debt To Equity 0.09
Is Tata Motors a Halal Stock
Tata Motors is an automobile company. It is a strong player in every segment from passenger cars to commercial vehicles.
Tata Motors is not a Halal stock yet. The motor sector is Halal according to Sharia law but the company has a lot of debt.
- MKT Cap 2,81035cr
- Debt to equity 1.05
Tata Steel is a Halal stock
Tata Steel is a leading company that is a top player in global steel manufacturing. Be it construction or automobile industry, Tata Steel products are everywhere.
The company’s business is in the Halal sector and it also has a lot of debt, so it cannot be considered a Halal stock.
- MKT Cap 1,57,979cr
- Debt to equity 1.10
Is Titan a Halal stock?
Titan is a market leader in jewellery, watches and eyewear. Its Tanishq brand is India’s most trusted jewellery brand.
Titan’s business is Halal, but the company has a huge debt. Hence, Titan is not a Halal stock.
- MKT Cap 2,95,060cr
- Debt to equity 2.22
Is Tata Power a Halal stock?
With aggressive investments in renewable energy, Tata Power is emerging as a promising company. Its focus is on solar and wind power, which are very important for future growth.
Tata Power is not a Halal stock.
The company’s business is Halal, but the debt is too high, so it cannot be Halal.
- MKT Cap 1,16,790cr
- Debt to equity 1.73
Is Trent Limited a Halal Stock?
Trent is a big name in the retail industry. Its brands like Westside and Zudio are known for affordable and trendy fashion.
Trent Ltd cannot be considered a Halal stock
The company’s business is Halal, but the debt is a bit high as per Sharia law
- MKT cap 2,27,210cr
- debt to equity 0.39
Is Tata Technologies a Halal Stock?
A subsidiary of the Tata Group, specializing primarily in engineering services and product development. The company provides design, engineering and consulting services to manufacturing industries worldwide.
The company’s work can be considered halal and the debt is also low. Hence Tata Tech is a halal stock
- MKT cap 32,447cr
- Debt to equity 0.08
Is Tata Elxsi Limited a Halal Stock?
It is an IT services company that provides solutions related to design and technology. It mainly works in the design and engineering sector.
The company’s work is Halal and the debt is low. Therefore, Tata Elxsi can be considered a Halal stock.
- MKT Cap 38,084cr
- debt to equity 0.08
Is Tata Teleservices a Halal Stock?
Tata Teleservices is a telecommunications company that provides voice, data and internet services. Its business is based in Maharashtra only.
Tata Teleservices is not a Halal Stock.
The telecommunications business is generally Shariah compliant as it is not directly involved in haram activities. But if the company has a lot of debt
- mKT cap 13,636cr
- debt to equity -1.04
Is Tata Chemicals a Halal stock
Tata Chemicals’ main business is related to chemicals, fertilizers and industrial products
It is not directly involved in any haram business. Debt is also low
Tata Chemicals can be considered a Halal stock
- mKT cap 24,507cr
- debt to equity 0.29
Is Tata Consumer Halal Stock
Tata Consumer Products Limited (TCPL) is a leading consumer products company in India, the company’s core business is related to the production, distribution and marketing of food and beverage products.
Key Business Areas: Tata Tea, Himalayan Water, Tata Salt, which is the largest selling brand in India.
Is Tata Consumer a Halal stock? The company has a Halal business and low debt.
- mKT cap 94,493cr
- debt to equity 0.15
Is Tata Communications a halal stock?
Tata Communications operates in the field of telecommunications and network services. The company provides internet, cloud computing, cyber security and networking services globally.
Tata Communications is not a halal stock. The company’s work is halal but the debt is very high
- mKT cap 47,705cr
- debt to equity 6.99
Disclaimer
I have done all this research myself. It is very important to do your own research before investing in any stock. Invest only after taking information from your advisor.