Delta Manufacturing Ltd DELTAMAGNT.NS
₹54.08 ₹4.92 (8.34%) 1D
Last Updated: Oct 01, 12:00 AM·NSE
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Is Delta Manufacturing Ltd Stock Halal?
Shariah Compliance Analysis of DELTAMAGNT.NS Stock
India Industrials Nano Cap No. As of October 2026, Delta Manufacturing Ltd (DELTAMAGNT.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Delta Manufacturing Ltd does not pass Musaffa's business and financial screening criteria.
Delta Manufacturing Ltd. manufactures and supplies ferrite magnets. The company serves various industries, such as automobiles, entertainment electronics, information and communication, power supply and medical appliances. The company manufactures and supplies magnets to tier 1 suppliers of all-the two-wheeler, three-wheeler, passenger vehicles, electronic components and aerospace. The company designs, manufactures and supplies a wide range of garment trims, such as woven labels, heat transfers, fabric printed labels, elastic and non-elastic tapes primarily to garment textile companies in India. Its products include sector magnets, motor magnets, ferrofluid, ring magnets, isotropic magnets, low energy embedding powder and rare earth magnets. Its ferrofluid-liquid magnet products have applications in loudspeakers, electronic devices, liquid seals, aerospace and analytical instrumentation.
DELTAMAGNT.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Delta Manufacturing Ltd is classified as not halal.
NOT HALALDelta Manufacturing Ltd (DELTAMAGNT.NS) Chart
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Financial Metrics & Statements of Delta Manufacturing Ltd (DELTAMAGNT.NS)
FAQ's for Delta Manufacturing Ltd (DELTAMAGNT.NS)
- As of October 2026, Delta Manufacturing Ltd DELTAMAGNT.NS 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 Delta Manufacturing Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Delta Manufacturing 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 Delta Manufacturing 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 Delta Manufacturing 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 Delta Manufacturing 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 Delta Manufacturing Ltd (DELTAMAGNT.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
