Yes. As of October 2026, Nagpur Power and Industries Ltd (532362.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Nagpur Power and Industries Ltd passes Musaffa's business and financial screening criteria.
Nagpur Power & Industries Ltd. engages in the business of metal recovery plant and produces low ferro manganese through slag recovery process. The company is headquartered in Mumbai, Maharashtra and currently employs 5 full-time employees. The company went IPO on 2005-07-18. The firm is principally engaged in manufacturing of high, medium and low carbon ferro manganese and silico manganese slag. The Company’s segment includes High/Medium/Low Carbon Ferro Manganese and Silico Manganese Slag, Electrical Division, and Electro Mechanical Division. The Company, through its subsidiary, Motwane Manufacturing Company Private Limited, is engaged in the business of manufacturing electrical test & measurement products, entrance security control and digital solutions which have applicability in the domestic and international markets. Its products are sold primarily to the power sector and energy intensive industries. The firm also produces low ferro manganese (slag) through its slag recovery process.
Nagpur Power and Industries Ltd 532362.BO
₹159.00 ₹16.00 (9.14%) 1D
Last Updated: Oct 09, 12:00 AM·BSE
Pricing for IN stocks is delayed by 24 hours
532362.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Nagpur Power and Industries Ltd is classified as halal.
HALAL
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FAQ's for Nagpur Power and Industries Ltd (532362.BO)
As of October 2026, Nagpur Power and Industries Ltd 532362.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 Nagpur Power and Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Nagpur Power and 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 Nagpur Power and 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 Nagpur Power and 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 Nagpur Power and Industries Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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