Tamil Nadu Steel Tubes Ltd 513540.BO
₹35.81 ₹0.06 (0.17%) 1D
Last Updated: Oct 13, 12:00 AM·BSE
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Is Tamil Nadu Steel Tubes Ltd Stock Halal?
Shariah Compliance Analysis of 513540.BO Stock
India N/A Nano Cap No. As of October 2026, Tamil Nadu Steel Tubes Ltd (513540.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Tamil Nadu Steel Tubes Ltd does not pass Musaffa's business and financial screening criteria.
Tamilnadu Steel Tubes Ltd. engages in the manufacture of steel and stainless steel pipes. The company is headquartered in Chennai, Tamil Nadu and currently employs 148 full-time employees. The company went IPO on 2009-07-26. The company is engaged in the manufacturing and selling of black pipe (ERW Pipe) and G.I. pipe. The firm caters to only domestic market. The firm operates through the Steel Tubes segment. The firm provides its products under the brand, including TNT, SHREE, JUPITER, STAR, SUPER, and SUPERGOLD. The company serves various application areas, including sugar industries, chemical plants, fertilizer plants, pharmaceuticals, railway coaches, refrigeration, metallurgical industries, oil and gas industries, decorative, energy industries, ships, fabrication and others. Products it manufactures include M.S. pipes, G.I. pipes, square pipes, rectangle pipes and others. The Company’s industrial complex is in Maraimalai Nagar, Tamil Nadu, India.
513540.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Tamil Nadu Steel Tubes Ltd is classified as not halal.
NOT HALALTamil Nadu Steel Tubes Ltd (513540.BO) Chart
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Financial Metrics & Statements of Tamil Nadu Steel Tubes Ltd (513540.BO)
FAQ's for Tamil Nadu Steel Tubes Ltd (513540.BO)
- As of October 2026, Tamil Nadu Steel Tubes Ltd 513540.BO is classified as not 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 Tamil Nadu Steel Tubes Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Tamil Nadu Steel Tubes 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 Tamil Nadu Steel Tubes 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 Tamil Nadu Steel Tubes 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 Tamil Nadu Steel Tubes Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Tamil Nadu Steel Tubes Ltd (513540.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
