Shariah Compliant Halal Mid Cap Stocks in India:
AIA Engineering
AIA Engineering Ltd is Shariah Compliant Halal stock
AIA Engineering Ltd. engages in the manufacturing of high chrome mill internals. The company is headquartered in Ahmedabad, Gujarat and currently employs 1,326 full-time employees. The company went IPO on 2005-12-07. The firm is engaged in manufacturing, designing, developing, installing, and servicing high chromium wear, corrosion, and abrasion-resistant casting used in cement, mining, and thermal power generation. The firm operating segment includes manufacturing of High Chrome Mill Internals (Castings) and all other activities are incidental thereto. The firm produces a range of high chrome mill internals, which are used as wear parts in the process of crushing/grinding in the cement, mining, utility, thermal power, and aggregate industries. The company produces a range of high chrome mill internals, which are used as wear parts in the process of crushing/grinding in the cement, mining, utility, thermal power, and aggregate industries. The firm’s services include mill audits, turnkey installation and commissioning projects, stock assessment and management, and performance monitoring.
Sector : Industrials
Industry : Machinery
Triveni Turbine
Triveni Turbine Ltd is Shariah Compliant Halal stock
Triveni Turbine Ltd. operates as a holding company. The company is headquartered in Noida, Uttar Pradesh and currently employs 722 full-time employees. The company went IPO on 2011-10-26. The firm is primarily engaged in the business of manufacturing and supplying power generating equipment and solutions and has manufacturing facilities in Bengaluru, Karnataka. Approximately 6,000 steam turbines supplied by the Company are installed across 20 industries in over 75 countries, including Europe, Africa, Central and Latin America, Southeast Asian and South Asian Association for Regional Cooperation countries. The company Triveni caters to varied and diverse industries, including biomass IPP, municipal solid waste IPP, district heating, palm oil, paper, sugar, naval, textiles, metals, cement, carbon black, solvent extraction, pharmaceutical, chemicals, petrochemicals, fertilizers, oil and gas municipal solid waste based independent power plants (IPPs), and captive power plants (CPPs). The Company’s products include backpressure turbines, condensing turbines, API steam turbines and smart turbines.
Sector : Industrials
Industry : Electrical Equipment
Craftsman Automation
![Craftsman Automation Ltd is Shariah Compliant Halal stock](https://assets-netstorage.groww.in/stock-assets/logos/GSTK543276.png)
Craftsman Automation Ltd is Shariah Compliant Halal stock
Craftsman Automation Ltd. engages in the manufacture of precision components and engineering products. The company is headquartered in Coimbatore, Tamil Nadu and currently employs 2,154 full-time employees. The company went IPO on 2021-03-25. Its segments include Automotive-Powertrain & Others, Aluminium Products and Industrial & Engineering. The Automotive-Powertrain & Others segment develops, manufactures and sells goods and services of power trains and other products to the manufacturers of commercial/ passenger vehicles, farm equipment, mining and construction equipment. The Aluminium Products segment develops, manufactures, and sells goods and services consisting of aluminum products to the manufacturers of two wheelers, passenger vehicles and commercial vehicles and products for power transmission and other industrial usage. The Industrial & Engineering segment develops, manufactures, and sells goods and services, such as castings, gears, material handling equipment, special purpose machines, other general engineering products and storage products to various end user industries.
Sector : Industrials
Industry : Machinery
SKF India
![SKF India Ltd is Shariah Compliant Halal stock](https://assets-netstorage.groww.in/stock-assets/logos/GSTK500472.png)
SKF India Ltd is Shariah Compliant Halal stock
SKF India Ltd. manufactures bearings and seals. The company is headquartered in Pune, Maharashtra and currently employs 1,662 full-time employees. The firm operates through the Bearings segment. Its products include Rolling bearings, Mounted bearings and housings, Super-precision bearings, Slewing bearings, Plain bearings, Magnetic bearings and systems, Thin section bearings, Industrial seals, Automotive seals, Lubrication management, Maintenance Products, Condition monitoring systems and others. The company serves various industries, including Aerospace, Agriculture, Automotive, Construction, Food and beverage, General machinery, Machine tools, Marine, Material handling and others. The Company’s manufacturing facilities are located at Pune, Bangalore & Haridwar. Its manufacturing units in Pune, Bengaluru and Haridwar cater to automotive and industrial sectors near the industrial corridors of Northern and Peninsular India.
Sector : Industrials
Industry : Machinery
Aegis Logistics
![Aegis Logistics Ltd is Shariah Compliant Halal stock](https://assets-netstorage.groww.in/stock-assets/logos/GSTK500003.png)
Aegis Logistics Ltd is Shariah Compliant Halal stock
Aegis Logistics Ltd. engages in the provision of supply chain management services to oil, gas, and chemical industries. The company is headquartered in Mumbai, Maharashtra and currently employs 310 full-time employees. The firm is engaged in the business of importing and distributing liquified petroleum gas (LPG) and storage and terminalling facility for LPG and chemical products. Its segments include Liquid Terminal Division and Gas Terminal Division. The Liquid Terminal Division undertakes storage & terminalling facility of Oil & Chemical products. The Gas Terminal Division relates to imports, storage & distribution of petroleum products through LPG, Propane. The company markets LPG packed in cylinders, which are used for domestic, commercial and industrial applications. The company is engaged in the sale of LPG, wholesale of solid, liquid, and gaseous fuels and related products, and storage and warehousing of products, such as general merchandise warehouses and warehousing of furniture, automobiles, gas, and oil, chemicals and textiles. The company has storage facilities in Mumbai, Haldia, Kandla, Pipavav, and Mangalore. ShariahFinance Instagram Page
Sector : Energy
Exide Industries
![Exide Industries Ltd is Shariah Compliant Halal stock](https://assets-netstorage.groww.in/stock-assets/logos/GSTK500086.png)
Exide Industries Ltd is Shariah Compliant Halal stock
Exide Industries Ltd. engages in the manufacture of storage batteries. The company is headquartered in Kolkata, West Bengal and currently employs 5,208 full-time employees. The Company’s segments include Storage Batteries & allied products and Life Insurance business. The batteries are manufactured for automotive, power, telecom, infrastructure projects, computer industries, as well as railways, mining, and defense sectors. The Company’s products include automotive batteries, institutional ups batteries, inverter batteries, solar solutions, integrated power back-up systems, home ups systems, industrial batteries, genset batteries, e-rickshaw vehicles and submarine batteries. Its automotive battery products include four-wheeler batteries, three-wheeler batteries, two-wheeler batteries and Exide e-ride batteries. Its industrial battery products applications areas include telecommunications; power and infrastructural projects; traction and motive power; railways and miners’ cap lamps. The company has over nine factories.
Sector : Consumer Discretionary
Industry : Automobile Components
Rolex Rings
![Rolex Rings Ltd is Shariah Compliant Halal stock](https://assets-netstorage.groww.in/stock-assets/logos/GSTK543325.png)
Rolex Rings Ltd is Shariah Compliant Halal stock
Rolex Rings Ltd. engages in the manufacture and sale of machined and forged rings and auto components. The company is headquartered in Rajkot, Gujarat and currently employs 1,791 full-time employees. The company went IPO on 2021-08-09. The firm operates through the diversified auto components segment. The Company’s products include transmission components product, including gear blanks, ring gear, sun and pinion, shafts and lock nut; engine components, including pulley, cam lobs and other forged components; chassis components, including wheel hubs, Gen2 and Gen3 bearing components, output shafts and constant velocity joints (CVJ) components; bearing rings, and exhaust system components, including flanges, biocones and tulip. Its product applications include two-wheeler, three-wheeler, four-wheeler, industrial, railways, off-highway, earth-moving, windmill, textile, electrical, defense, power, aerospace, marine, oil and natural gas. Its facilities include raw material, heat treatment, machining, rolling, grinding, surface treatment and forging.
Sector : Industrials
Industry : Machinery
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