Mufin Green Finance Shares Hit 5% Upper Circuit After 2:1 Bonus Shares, Up 295% In 6 Months

Mufin Green Finance Ltd, an NBFC, shares on Saturday were locked at the upper circuit limit of 5 per cent amid a rise in investors' participation. The stock opened at Rs 180.95 on BSE and was locked at a 5 per cent limit of Rs 186.30. The stock had previously closed at Rs 177.45.

According to the BSE website, 0.86 lakh equities traded during Saturday's trade for a total turnover of Rs 1.08 crore. Mufin Green Finance Ltd shares are available for trade in NSE.

Mufin Green Finance, which has a market cap of Rs 2,813, is trading higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages.

The NBFC company's shares have been gaining for the last three days and have risen 13.42 per cent in returns in the period.

Mufin Green Finance shares have gained 87.33 per cent in three months. The stock has rallied 294 per cent vertically in 6 months. In one year, it has multiplied investors' wealth by 334 per cent.

Earlier in 2023, Mufin Green Finance had split the face value of shares from Rs 2 to Re 1 and also issued bonus shares in the ratio of 2:1.

As a leader in climate finance solutions in India, Mufin Green Finance offers loans for the production of revenue via electric vehicles, infrastructure for charging electric vehicles, and swappable batteries.