Surani Steel Tubes Ltd SURANI.NS
₹158.45
Last Updated: Oct 07, 12:00 AM·NSE
Pricing for IN stocks is delayed by 24 hours
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
News
Pricing
Company
About Musaffa
Investors
Build with us
Is Surani Steel Tubes Ltd Stock Halal?
Shariah Compliance Analysis of SURANI.NS Stock
India Materials Nano Cap No. As of October 2026, Surani Steel Tubes Ltd (SURANI.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Surani Steel Tubes Ltd does not pass Musaffa's business and financial screening criteria.
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.
SURANI.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Surani Steel Tubes Ltd is classified as not halal.
NOT HALALSurani Steel Tubes Ltd (SURANI.NS) Chart
Fetching Price Chart...
Financial Metrics & Statements of Surani Steel Tubes Ltd (SURANI.NS)
FAQ's for Surani Steel Tubes Ltd (SURANI.NS)
- As of October 2026, Surani Steel Tubes Ltd SURANI.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 Surani Steel Tubes Ltd using these criteria to determine its compliance status.
- 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.
- 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.
- 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.
- 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 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.
Alternate Halal Stocks for Surani Steel Tubes Ltd (SURANI.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
