Is Surani Steel Tubes Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Surani Steel Tubes Ltd (SURANI.NS) is currently classified as NOT HALAL as of January 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 Surani Steel Tubes 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 Surani Steel Tubes Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Surani Steel Tubes Ltd?

Muslim investors may consider investing in Surani Steel Tubes 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 Surani Steel Tubes Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Surani Steel Tubes 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 Surani Steel Tubes Ltd updated?

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

Can a halal stock like Surani Steel Tubes 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 Surani Steel Tubes Ltd?

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

Surani Steel Tubes Ltd SURANI.NS

₹132.30

Last Updated: May 15, 12:00 AM·NSE

SURANI.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 20, 2026

Report Source: 2026 2nd Quarter Report

Surani Steel Tubes Ltd. Stock Analysis SURANI.NS

India Materials Nano Cap Report: Q2, 2026

Surani Steel Tubes Ltd. engages in the manufacturing and supply of electric resistance welding mild steel pipes and steel tubes. The company is headquartered in Gandhinagar, Gujarat and currently employs 78 full-time employees. The company went IPO on 2019-02-06. The firm's products include square and rectangle hollow sections, ERW round pipes and tubes, mild steel (MS) slit coils and strips, hot roll coils, and brochures. The firm operates through a single business segment, which is manufacturing and trading of ERW MS Pipes. The firm's electric resistance welded pipes are widely being used in plumbing, water supply systems and oil and gas transmission systems. The firm's steel coils are being used in agriculture, construction, medical and various other engineering industries. The company also offers MS slit coils and strips in various standard and customized sizes and specifications. Its hot rolled MS coils are used in various heavy-duty industries. The firm operates a manufacturing facility in Gujarat.

Key Statistics of Surani Steel Tubes Ltd (SURANI.NS)

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

Today's Range

₹132.30₹132.30

Today's Open

₹132.30

Volume

200.00

P/E Ratio (TTM)

52 Week Range

₹47.30₹139.00

Market Cap

1.67B

Avg. Volume

6514.29

Dividend Yield

Financial Metrics & Statements of Surani Steel Tubes Ltd (SURANI.NS)

FAQ's for Surani Steel Tubes Ltd (SURANI.NS)

According to Musaffa’s Shariah screening methodology, Surani Steel Tubes Ltd (SURANI.NS) is currently classified as NOT HALAL as of January 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.