Is Mishra Dhatu Nigam Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Mishra Dhatu Nigam Ltd (MIDHANI.NS) is currently classified as HALAL as of February 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Mishra Dhatu Nigam Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Mishra Dhatu Nigam Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Mishra Dhatu Nigam Ltd?

Muslim investors may consider investing in Mishra Dhatu Nigam 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.

Why is Mishra Dhatu Nigam Ltd classified as HALAL?

Musaffa determines the Shariah status of Mishra Dhatu Nigam Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Mishra Dhatu Nigam Ltd updated?

The Shariah compliance status of Mishra Dhatu Nigam Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Mishra Dhatu Nigam Ltd become non-compliant?

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.

Where can I check the Shariah status of Mishra Dhatu Nigam Ltd?

You can check the latest Shariah compliance status of Mishra Dhatu Nigam Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

MIDHANI.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: February 23, 2026

Report Source: 2026 3rd Quarter Report

Mishra Dhatu Nigam Ltd. Stock Analysis MIDHANI.NS

India Materials Small Cap Report: Q3, 2026

Mishra Dhatu Nigam Ltd. engages in the manufacturing of steel, superalloys and titanium alloys. The company is headquartered in Hyderabad, Telangana and currently employs 786 full-time employees. The company went IPO on 2018-04-04. The firm specializes in melted, forged, rolled and drawn products, including ingots, slugs, closed die forgings, machined bars and slabs, hot-rolled sheets and bars, cold-rolled sheets and bars, wire rods and welding electrodes. Its products and services portfolio is categorized under long products, which include bars, bright bars, and wire/fine wires; flat products, which include cold rolled, hot rolled sheets, and strips; open die forging, and investment casting. Its special products include biomedical implants, fasteners, and welding consumables. Its biomedical products include hinge knee joints, acetabular cup with attached iliac wing, and lumbar puncture needle devices.

Key Statistics of Mishra Dhatu Nigam Ltd (MIDHANI.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹404.45₹424.00

Today's Open

₹424.00

Volume

775.49K

P/E Ratio (TTM)

71.26

52 Week Range

₹266.65₹469.00

Market Cap

73.77B

Avg. Volume

1.47M

Dividend Yield

Financial Metrics & Statements of Mishra Dhatu Nigam Ltd (MIDHANI.NS)

FAQ's for Mishra Dhatu Nigam Ltd (MIDHANI.NS)

According to Musaffa’s Shariah screening methodology, Mishra Dhatu Nigam Ltd (MIDHANI.NS) is currently classified as HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.