4 Nifty 50 Halal Stocks with Low PE Ratio to Add to Your Watchlist

For Muslim investors aiming to grow their wealth ethically, investing in Shariah-compliant and Halal stocks is a powerful way to stay aligned with Islamic financial principles. One of the key metrics investors consider is the Price-to-Earnings (PE) ratio — a lower PE often indicates a potentially undervalued stock relative to its earnings.

In this article, we highlight 4 Nifty 50 Halal stocks with low PE Ratio, offering both ethical appeal and potential financial upside.

What is a PE Ratio and Why Does It Matter?

The PE ratio (Price-to-Earnings) is calculated by dividing a company’s share price by its earnings per share (EPS). It reflects how much investors are willing to pay for ₹1 of a company’s earnings. A lower PE typically indicates the stock might be undervalued, especially when the company has strong fundamentals.

Now, let’s explore 4 halal stocks from the Nifty 50 index with low PE ratios.

1. Tata Motors Ltd

Tata Motors is a top-tier Indian automobile company with a strong international presence, including ownership of Jaguar Land Rover. With an aggressive push into the EV segment, it is well-positioned for long-term growth.

The stock is currently trading at a PE ratio of 9.74 with a market capitalization of ₹2.19 lakh crores. Its current share price is ₹595, which is approximately 49.5% below its 52-week high of ₹1,179.

Stock performance of Tata Motors Ltd for Period of 1 Week, 6 months and 1 year:

Tata Motors’ stock has shown moderate movement. Over the past week, it gained 2.64%. In the last six months, it declined by 34.4%, and over the one-year period, it dropped by 41.6%.

Also Read : Nifty 50 Halal Stocks List in 2025

2. ONGC Ltd (Oil & Natural Gas Corporation)

ONGC is India’s largest oil and gas exploration company, known for its robust operations and government support. It continues to generate stable cash flows, making it a popular pick for conservative investors.

The stock trades at a PE ratio of 7, with a market cap of ₹2.89 lakh crores. Its current price is ₹230, down about 33% from its 52-week high of ₹345.

Stock performance of ONGC Ltd for Period of 1 week, 1 months and 1 year:

ONGC’s stock has shown some volatility. Over the past week, it rose by 4.79%. Over the last six months, it fell by 19.3%, and in the one-year period, it declined by 13.3%.

3. Coal India Ltd

Coal India is the world’s largest coal-producing company, serving as a backbone to India’s power and industrial sectors. With strong dividends and consistent earnings, it’s viewed as a stable value pick.

It currently trades at a PE ratio of 6.71, and has a market capitalization of ₹2.41 lakh crores. The share price is ₹392, representing a drop of about 27.9% from its 52-week high of ₹543.55.

Also Read : 4 Halal Stocks Paying Dividends Up to ₹117 Per Share, Ex-Dividend Next Week

Stock performance of Coal India Ltd for Period of 1 week, 1 months and 1 year:

Coal India’s stock has seen decent activity. Over the past week, it rose by 3.87%. In the last six months, it declined by 20.9%, and over one year, it is down by 13.9%.

4. Hindalco Industries Ltd

Hindalco, a part of the Aditya Birla Group, is a leading global producer of aluminium and copper. Its global arm, Novelis, gives it strong international leverage in sectors like automotive and packaging.

The stock is priced at ₹600, with a PE ratio of 10.62 and a market cap of ₹1.34 lakh crores. It is trading roughly 22.4% below its 52-week high of ₹772.65.

Stock performance of Hindalco Industries Ltd for Period of 1 week, 1 months and 1 year:

Hindalco has remained fairly stable. In the past week, it gained 6.85%. Over the past six months, it declined by 18.1%, and over the one-year period, it moved up slightly by 0.28%.

Conclusion

For Muslim investors focused on halal investing, the combination of Shariah-compliance and low valuation can uncover high-potential opportunities.

These 4 Nifty 50 halal stocks with low PE Ratio are Tata Motors, ONGC, Coal India, and Hindalco, offer a balance of ethical investing and strong fundamentals, making them worthy of consideration for long-term portfolios.

Disclaimer: The information on Halalfinance.co.in is for educational and informational purposes only and not financial advice. We are not liable for any investment decisions you make; always consult a financial advisor before investing.