Titagarh Rail Systems Limited (TITAGARH.NS) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-26). See the full ratio breakdown and business-activity screen below for the reasoning.
Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. TITAGARH.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 | 6.63% | 30.00% | Pass |
| Interest-bearing investments | 4.40% | 30.00% | Pass |
| Non-permissible income | 0.70% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 17.93% | 33.00% | Pass |
| Interest-bearing investments | 11.92% | 33.00% | Pass |
| Non-liquid assets | 72.49% | at least 20.00% | Pass |
| Non-permissible income | 0.70% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 17.93% | 33.33% | Pass |
| Cash + interest-bearing securities | 11.92% | 33.33% | Pass |
| Accounts receivable | 27.51% | 33.33% | Pass |
| Non-permissible income | 0.70% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 17.93% | 33.33% | Pass |
| Cash + interest-bearing securities | 11.92% | 33.33% | Pass |
| Accounts receivable | 27.51% | 50.00% | Pass |
| Non-permissible income | 0.70% | 5.00% | Pass |
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 | 6.25% | 33.00% | Pass |
| Cash + interest-bearing securities | 4.15% | 33.00% | Pass |
| Accounts receivable | 5.43% | 33.00% | Pass |
| Non-permissible income | 0.70% | 5.00% | Pass |
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 | 5.92% | 33.00% | Pass |
| Cash + interest-bearing securities | 3.93% | 49.00% | Pass |
| Accounts receivable | 5.15% | 49.00% | Pass |
| Non-permissible income | 0.70% | 5.00% | Pass |
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 | 5.92% | 33.33% | Pass |
| Cash + interest-bearing securities | 3.93% | 33.33% | Pass |
| Accounts receivable | 9.08% | 49.00% | Pass |
| Non-permissible income | 0.70% | 5.00% | Pass |
Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.
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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) | 48.10 | NEUTRAL |
| Stochastic %K (14) | 30.23 | NEUTRAL |
| CCI (20) | -17.58 | NEUTRAL |
| Williams %R (14) | -69.77 | NEUTRAL |
| MACD (12,26,9) | 2.32 | BUY |
| ROC (10) | 0.81 | BUY |
| Momentum (10) | 6.80 | BUY |
| EMA (10) | 856.53 | SELL |
| SMA (10) | 854.80 | SELL |
| EMA (20) | 850.66 | SELL |
| SMA (20) | 845.03 | SELL |
| EMA (30) | 848.25 | SELL |
| SMA (30) | 845.71 | SELL |
| EMA (50) | 844.44 | SELL |
| SMA (50) | 843.40 | SELL |
| EMA (100) | 831.85 | BUY |
| SMA (100) | 838.94 | BUY |
| EMA (200) | 822.61 | BUY |
| SMA (200) | 795.89 | BUY |
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 · Railroads
Titagarh Rail Systems Limited engages in the manufacture and sale of freight and passenger rail systems in India and internationally. The company offers forged wheel set, loco shells, couplers, draft gears, cast bogies, and cast manganese steel crossing products; automobile-carrying, flat, hopper, tank, box, covered, and special purpose wagons; and brake vans. It also provides passenger rolling stock products, including high speed electric loco, electric multiple unit train sets, metros, semi high-speed trains, light rail transport, diesel electric multiple units, body shells, and bogies; and propulsion and electrical equipment, such as traction converters and power electronics, propulsion systems, auxiliary power supply products, electronic equipment, traction motors, train control and monitoring systems, and hardware and software products. In addition, the company offers maintenance, assistance and global, repair, inspection and refurbishing, systems and electrical equipment upgrade, exteriors and interiors face-lift, and power upgrading services. Further, it engages in the shipbuilding business comprising coastal research vessels, naval vessels, passenger ships, tugs, and inland water transport vessels. Additionally, the company manufactures modular panel bridges, bailey bridges, unibridges, and matière X bridges; and defense products, such as shelters, specialized wagons, EMI/EMS containers, CBRNe equipment, mine ploughs, pressure vessels, and specialized canopies. Titagarh Rail Systems Limited has a strategic collaboration with TuTr Hyperloop Private Limited to develop hyperloop technology enabled freight transportation solutions. The company was formerly known as Titagarh Wagons Limited and changed its name to Titagarh Rail Systems Limited in May 2023. Titagarh Rail Systems Limited was incorporated in 1997 and is based in Kolkata, 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.