Hinduja Global Solutions Limited (HGS.NS) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.
⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.
Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. HGS.NS files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.
Business activity: cleared (no excluded categories detected)
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 142.98% | 30.00% | Fail |
| Interest-bearing investments | 263.34% | 30.00% | Fail |
| Non-permissible income | 11.55% | 5.00% | Fail |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 22.85% | 33.00% | Pass |
| Interest-bearing investments | 42.08% | 33.00% | Fail |
| Non-liquid assets | 50.38% | at least 20.00% | Pass |
| Non-permissible income | 11.55% | 5.00% | Fail |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 22.85% | 33.33% | Pass |
| Cash + interest-bearing securities | 42.08% | 33.33% | Fail |
| Accounts receivable | 49.62% | 33.33% | Fail |
| Non-permissible income | 11.55% | 5.00% | Fail |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 22.85% | 33.33% | Pass |
| Cash + interest-bearing securities | 42.08% | 33.33% | Fail |
| Accounts receivable | 49.62% | 50.00% | Pass |
| Non-permissible income | 11.55% | 5.00% | Fail |
Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 103.75% | 33.00% | Fail |
| Cash + interest-bearing securities | 191.09% | 33.00% | Fail |
| Accounts receivable | 34.24% | 33.00% | Fail |
| Non-permissible income | 11.55% | 5.00% | Fail |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 80.85% | 33.00% | Fail |
| Cash + interest-bearing securities | 148.91% | 49.00% | Fail |
| Accounts receivable | 26.68% | 49.00% | Pass |
| Non-permissible income | 11.55% | 5.00% | Fail |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 80.85% | 33.33% | Fail |
| Cash + interest-bearing securities | 148.91% | 33.33% | Fail |
| Accounts receivable | 175.59% | 49.00% | Fail |
| Non-permissible income | 11.55% | 5.00% | Fail |
Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 28.00 | BUY |
| Stochastic %K (14) | 12.36 | BUY |
| CCI (20) | -182.40 | BUY |
| Williams %R (14) | -87.64 | BUY |
| MACD (12,26,9) | -1.36 | SELL |
| ROC (10) | -5.24 | SELL |
| Momentum (10) | -21.10 | SELL |
| EMA (10) | 390.80 | SELL |
| SMA (10) | 392.02 | SELL |
| EMA (20) | 397.47 | SELL |
| SMA (20) | 398.67 | SELL |
| EMA (30) | 402.04 | SELL |
| SMA (30) | 405.28 | SELL |
| EMA (50) | 406.89 | SELL |
| SMA (50) | 412.82 | SELL |
| EMA (100) | 412.11 | SELL |
| SMA (100) | 414.20 | SELL |
| EMA (200) | 426.98 | SELL |
| SMA (200) | 413.53 | SELL |
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Industrials · Specialty Business Services
Hinduja Global Solutions Limited engages in technology, AI, and business services in the United States, Canada, the United Kingdom, Europe, India, and internationally. The company operates through Business Process Management and Digital, Media, and Communications segments. It provides voice and non-voice based services, such as contact center solutions and back-office transaction processing, as well as operates NXTDIGITAL that provides satellite, digital cable, and broadband services. The company also offers customer service solutions, including CX management, cloud contact centers, AI-powered contact center solutions, autonomous and agentic, interaction intelligence (QA/QC), and consulting services; digital marketing services, including marketing strategy, content and creative, insights and measurement, social engagement, performance marketing, and marketing operations; trade promotion solutions including, assessment, advisory and accelerators, implementations and upgrades, analytics, operations and resourcing, application managed, and social listening and moderation shape services; health checks and assessments; financial operations support; financial oversight and compliance; reporting, MIS, and analytics; automation and agentic finance operations; and payroll management, employee claims administration, HR services, and HR compliance management. It serves banking, finance, insurance, consumer and retail, government and public sector, healthcare and life science, media, telecommunications, and entertainment industries. The company was formerly known as HTMT Global Solutions Limited and changed its name to Hinduja Global Solutions Limited in December 2008. Hinduja Global Solutions Limited was founded in 1973 and is based in Bengaluru, India.
Background via Yahoo Finance — informational, not part of the verdict.
Peer movement computing — it will appear here on its own.
NO DATA 0 buys · 0 sells
NEUTRAL report date 2026-09-01 · Asset managers net 934180 (-19048)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.