Hind Aluminium Industries Ltd 531979.BO
₹98.80 ₹1.20 (1.20%) 1D
Last Updated: Aug 07, 12:00 AM·BSE
Pricing for IN stocks is delayed by 24 hours
531979.BO Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Hind Aluminium Industries Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Hind Aluminium Industries Ltd. Stock Analysis 531979.BO
India Materials Nano Cap Hind Aluminium Industries Ltd. engages in the manufacture of wire rods and conductors. The firm is also in the business of mining & power generation by setting up windmills in the State of Maharashtra and Solar Power Plants in the states of Maharashtra, Karnataka, Haryana and Rajasthan. Its segment includes Aluminum Products and Power. The Aluminum Products Segment represents the production and marketing operations of Aluminum Wire Rods & Conductors. The Power Segment represents power generation activities operated through Windmills & Solar Power Plants. The company manufactures a range of aluminum conductors, over 61 strands, which include all aluminum conductors (AAC), all aluminum alloy conductors (AAAC) and aluminum conductors steel reinforced (ACSR). The firm has a Wind Turbine Generator (WTG) and a Solar Power Plants with a total power generation capacity of 2.75 Mega Watts. Solar power plants are located at Pune, Bengaluru, Rewari, and Alwar.
Hind Aluminium Industries Ltd (531979.BO) Chart
Financial Metrics & Statements of Hind Aluminium Industries Ltd (531979.BO)
FAQ's for Hind Aluminium Industries Ltd (531979.BO)
- As of August 2026, Hind Aluminium Industries Ltd 531979.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 Hind Aluminium Industries Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Hind Aluminium Industries 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 Hind Aluminium Industries 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 Hind Aluminium Industries 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 Hind Aluminium Industries 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 Hind Aluminium Industries Ltd (531979.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
