Sandur Manganese and Iron Ores Ltd 504918.BO
₹201.95 ₹0.85 (0.42%) 1D
Last Updated: Aug 13, 12:00 AM·BSE
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504918.BO Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Sandur Manganese and Iron Ores Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
Sandur Manganese and Iron Ores Ltd. Stock Analysis 504918.BO
India Materials Small Cap Sandur Manganese & Iron Ores Ltd. engages in the production and mining of manganese and iron ores, and manufacture of ferroalloys. The firm is engaged in the mining of manganese and iron ores in Deogiri village of Sandur taluk, Bellary District, Karnataka. The company is also engaged in the manufacture of ferroalloys, coke and energy located at Vyasanakere, Hosapete. The company operates three segments: Mining, Ferroalloys, and Coke and Energy. The Mining segment is engaged in the mining of manganese ore and iron ore, which produces the low-grade, low-phosphorus manganese ores required to make ferroalloy and steel. The company holds manganese ore reserves of approximately 17 million metric tons. The Ferroalloys segment manufactures ferromanganese, silicomanganese, pig iron, and ferrosilicon in its furnaces. The Coke and energy segment is engaged in producing metallurgical coke and generating energy for the power requirements of ferroalloy manufacturing operations. The firm has a subsidiary, Sandur Pellets Private Limited.
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Financial Metrics & Statements of Sandur Manganese and Iron Ores Ltd (504918.BO)
FAQ's for Sandur Manganese and Iron Ores Ltd (504918.BO)
- As of August 2026, Sandur Manganese and Iron Ores Ltd 504918.BO is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Sandur Manganese and Iron Ores Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Sandur Manganese and Iron Ores Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Sandur Manganese and Iron Ores Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Sandur Manganese and Iron Ores Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Sandur Manganese and Iron Ores Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Sandur Manganese and Iron Ores Ltd (504918.BO)
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