Mufin Green Share Price 📈💰
1. Kolkata-based company Mufin Green Finance has witnessed a rapid surge in its share price over the past five days, with a 24% increase. In just five days, the company’s shares have risen from ₹112 to ₹140.
2. The total market capitalization of Mufin Green Finance is ₹2,110 crores. The company’s shares had reached a low of ₹108.05 per share in the past 52 weeks.
3. On Friday, December 15, 2023, Mufin Green Finance shares were trading at ₹146.35, showing a 4.99% increase. Over the past two years, the company’s share price has increased by a staggering 1,178%.
4. Recently, the company received approval to issue non-convertible debentures through a private placement, raising ₹17.50 crores. The company’s shares have been consistently hitting upper circuit limits in recent days.
5. Shareholders of Mufin Green Finance have seen a remarkable return on their investment, with a 3563% return over the past three years.
6. In April 2023, the company split its shares in a ratio of 1:2. In July, the company also distributed free bonus shares to its investors.
7. In the current financial year, the company’s net profit has doubled in the September 2023 quarter, earning ₹4 crores. In the previous financial year’s corresponding quarter, the company had earned ₹2 crores in net profit.
8. Mufin Green Finance is currently exploring various options to raise funds through convertible securities, equity shares, preference issues, private placements, warrants, or qualified institutional placements.
9. The company primarily focuses on financing electric vehicles and solar energy businesses. So far, it has distributed ₹350 crores to individuals purchasing electric vehicles, resulting in a reduction of 1.73 lakh tons of carbon emissions.
10. Mufin Green Finance has also leased EV vehicles and assets worth ₹49 crores, covering a distance of 35.4 crore green kilometers.
With its impressive growth and commitment to sustainable financing, Mufin Green Finance is attracting investors and making waves in the market. 🌱💼📈
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
