Is Sunflag Iron and Steel Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Sunflag Iron and Steel Co Ltd (SUNFLAG.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 Sunflag Iron and Steel Co 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 Sunflag Iron and Steel Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Sunflag Iron and Steel Co Ltd?

Muslim investors may consider investing in Sunflag Iron and Steel Co 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 Sunflag Iron and Steel Co Ltd classified as HALAL?

Musaffa determines the Shariah status of Sunflag Iron and Steel Co 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 Sunflag Iron and Steel Co Ltd updated?

The Shariah compliance status of Sunflag Iron and Steel Co Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Sunflag Iron and Steel Co 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 Sunflag Iron and Steel Co Ltd?

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

SUNFLAG.NS Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: February 22, 2026

Report Source: 2026 3rd Quarter Report

Sunflag Iron and Steel Co Ltd. Stock Analysis SUNFLAG.NS

India Materials Small Cap Report: Q3, 2026

Sunflag Iron & Steel Co. Ltd. is a holding company, which engages in the manufacture and trade of iron and steel products. The company is headquartered in Nagpur, Maharashtra and currently employs 1,247 full-time employees. The firm operates through the Iron & Steel Business segment. Its steel categories product includes super alloys, tool steels, SSR 550, spring steels, free cutting steels, forging quality steels, forging quality ingots, micro alloyed steels, engine valve steels, and others. The steel products are manufactured in different shapes and sizes, such as flats, round bars and coils, rolled bars and wires, round cornered squares, and hexagonal. The end product applications of steel grade are engine/motor parts, drive trains - steering systems, transmission and gear boxes, and suspension systems. Its manufacturing facilities include Power Plant (PP), Ingot Casting, Sinter Plant, and Electric Arc Furnace, Ladle Heating Furnace, Mini Blast Furnace. The Company’s subsidiaries include Sunflag Power Limited, and Khappa Coal Company Private Limited.

Key Statistics of Sunflag Iron and Steel Co Ltd (SUNFLAG.NS)

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

Today's Range

₹236.25₹243.50

Today's Open

₹239.90

Volume

131.83K

P/E Ratio (TTM)

26.64

52 Week Range

₹192.15₹322.00

Market Cap

44.05B

Avg. Volume

234.42K

Dividend Yield

Financial Metrics & Statements of Sunflag Iron and Steel Co Ltd (SUNFLAG.NS)

FAQ's for Sunflag Iron and Steel Co Ltd (SUNFLAG.NS)

According to Musaffa’s Shariah screening methodology, Sunflag Iron and Steel Co Ltd (SUNFLAG.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.