Is Orissa Minerals Development Company Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Orissa Minerals Development Company Ltd (ORISSAMINE.NS) is currently classified as NOT HALAL as of December 2025. 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 Orissa Minerals Development Company 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 Orissa Minerals Development Company Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Orissa Minerals Development Company Ltd?

Muslim investors may consider investing in Orissa Minerals Development Company 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 Orissa Minerals Development Company Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Orissa Minerals Development Company 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 Orissa Minerals Development Company Ltd updated?

The Shariah compliance status of Orissa Minerals Development Company Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Orissa Minerals Development Company 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 Orissa Minerals Development Company Ltd?

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

ORISSAMINE.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 22, 2025

Report Source: 2026 2nd Quarter Report

Orissa Minerals Development Company Ltd. Stock Analysis ORISSAMINE.NS

India Materials Micro Cap Report: Q2, 2026

Orissa Minerals Development Co., Ltd. engages in the exploration of mineral properties. The company is headquartered in Kolkata, West Bengal and currently employs 236 full-time employees. The company went IPO on 2010-09-28. The firm is engaged in mining of iron ore and manganese ore. The Company’s products include iron ore, manganese, and sponge iron. The firm is a subsidiary of Eastern Investments Limited.

Key Statistics of Orissa Minerals Development Company Ltd (ORISSAMINE.NS)

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

Today's Range

₹4,063.00₹4,240.50

Today's Open

₹4,214.90

Volume

8840.00

P/E Ratio (TTM)

52 Week Range

₹3,100.50₹6,138.90

Market Cap

25.36B

Avg. Volume

48.09K

Dividend Yield

Financial Metrics & Statements of Orissa Minerals Development Company Ltd (ORISSAMINE.NS)

FAQ's for Orissa Minerals Development Company Ltd (ORISSAMINE.NS)

According to Musaffa’s Shariah screening methodology, Orissa Minerals Development Company Ltd (ORISSAMINE.NS) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.