Halal Stocks to Watch Today: After the stock market holiday on April 10, trading resumes on April 11 with investors closely watching key stocks. Based on the latest stock news, regulatory updates, and sector-specific movements, here are Four halal stocks that could witness significant action in today’s trading session.
Sun Pharmaceuticals Limited:
Sun Pharmaceuticals Ltd. has received a favorable ruling from the U.S. Court of Appeals for the Federal Circuit, which vacated a preliminary injunction, allowing the company to move forward with the U.S. launch of Leqselvi (deuruxolitinib), a treatment developed for specific dermatological conditions.
On April 09, 2025, Sun Pharma opened at ₹1,661 down 1.65% from its previous close of ₹1,688.75. The stock hit a high of ₹1,679.55 and a low of ₹1,645, closing at ₹1,652.10. The company holds a market capitalization of ₹3,96,394 crore.
Sun Pharmaceuticals Ltd. (NSE: SUNPHARMA) is India’s largest pharmaceutical company and a leading global generic drug manufacturer, with a strong presence in specialty therapies including dermatology, oncology, and cardiology, along with a growing U.S. market share.
Halal Status of Sun Pharmaceuticals Limited
The halal status is based on the latest annual report published on 08-07-2024.
| Criteria | Value | Status |
| Business Activity | Pharma Sector | ✅ PASS |
| Impermissible Income to Total Revenue | 3.26% | ✅ PASS |
| Interest-Bearing Debt to Total Assets | 3.83% | ✅ PASS |
| Illiquid Assets to Total Assets Ratio | 44.97% | ✅ PASS |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
Also Read : Halal Pharma Stock : Biocon Gets U.S. FDA Approval for Cancer-Treating Antibody Jobevne™
Olectra Greentech Limited: Secures ₹424 crore electric bus order from HRTC
Olectra Greentech Limited, a key player in India’s electric vehicle sector, has received a Letter of Award from Himachal Road Transport Corporation (HRTC) for the supply and maintenance of 297 electric buses. The total contract value is approximately ₹424.01 Crores and is expected to be executed within 11 months from the date of the LOA.
On April 9, 2025, Olectra Greentech opened at ₹1,103.00, touched a high of ₹1,103.55, and fell to a low of ₹1,071.45. The stock closed at ₹1,094.50, marking a 0.82% dip from the previous close of ₹1,103.60. The company’s market capitalization stood at ₹8,983.74 Crores.
Olectra Greentech Ltd. (NSE: OLECTRA) is a pioneer in electric bus manufacturing and a driving force behind India’s transition to sustainable public transportation. With advanced green mobility solutions, the company is significantly contributing to the country’s EV adoption goals.
Halal Status of Olectra Greentech Ltd
The halal status is based on the latest annual report published on 31-08-2024.
| Criteria | Value | Status |
| Business Activity | Automobiles | ✅ PASS |
| Impermissible Income to Total Revenue | 0.99% | ✅ PASS |
| Interest-Bearing Debt to Total Assets | 7.6% | ✅ PASS |
| Illiquid Assets to Total Assets Ratio | 38.91% | ✅ PASS |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
Biocon Limited: Received U.S. FDA approval for Jobevne™
Biocon Biologics Ltd., the biologics subsidiary of Biocon Ltd., has received U.S. FDA approval for Jobevne™ (bevacizumab-nwgd), a biosimilar to Avastin®, for the intravenous treatment of multiple types of cancer. This marks a major milestone in Biocon’s U.S. oncology portfolio expansion.
On April 9, 2025, Biocon Ltd. opened at ₹315.05, down 2.28% from the previous close of ₹322.40. The stock touched a high of ₹315.80 and a low of ₹303.85 before closing at ₹305.20, reflecting a 5.33% decline. The company’s market capitalization stood at ₹36,642.31 Crore.
Biocon Biologics Ltd. (NSE: BIOCON) is a globally recognized leader in biosimilars and biopharmaceuticals, offering affordable treatment solutions in over 120 countries. It continues to focus on innovation across oncology, immunology, and other critical therapeutic segments to improve healthcare access.
Halal Status of Biocon Biologics Ltd
The halal status is based on the latest annual report published on 18-07-2024.
| Criteria | Value | Status |
| Business Activity | Pharma Sector | ✅ PASS |
| Impermissible Income to Total Revenue | 2.14% | ✅ PASS |
| Interest-Bearing Debt to Total Assets | 29.03% | ✅ PASS |
| Illiquid Assets to Total Assets Ratio | 77.72% | ✅ PASS |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
Greaves Cotton Ltd: Partnered with Chara Technologies for rare earth free EV motors
Greaves Cotton Ltd., a legacy engineering firm, has partnered with Chara Technologies to locally manufacture rare-earth-free synchronous reluctance motors and controllers for electric mobility. The production will take place at the company’s Shendra, Aurangabad facility.
On April 9, 2025, Greaves Cotton opened at ₹184.55, slightly up from the previous close of ₹184.35. The stock hit a high of ₹184.55 and a low of ₹173.35, before closing at ₹174.10, down 5.56%. Its market capitalization was reported at ₹4,047.50 Crore.
Greaves Cotton Ltd. (NSE: GREAVESCOT) is one of India’s oldest engineering companies, known for powering industrial and mobility solutions with a focus on green innovation and fuel-agnostic technologies.
Halal Status of Greaves Cotton Ltd
The halal status is based on the latest annual report published on 11-07-2024.
| Criteria | Value | Status |
| Business Activity | Industrial & mobility solutions | ✅ PASS |
| Impermissible Income to Total Revenue | 3.45% | ✅ PASS |
| Interest-Bearing Debt to Total Assets | 3.28% | ✅ PASS |
| Illiquid Assets to Total Assets Ratio | 47.22% | ✅ PASS |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
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Hasan is the founder of HalalFinance.co.in, created after personally struggling to find reliable answers about halal investing in stocks. With a finance background and a passion for helping the Muslim community, He now shares well-researched, transparent, and authentic content to empower Muslims on their path to halal wealth-building.
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