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HomeSHARE MARKETShare Was ₹10 In 2022; EV And Solar Finance Company Share; 132%...

Share Was ₹10 In 2022; EV And Solar Finance Company Share; 132% Return In 2 Month

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On the last trading day of this week , a good pace was being recorded in the functioning of the stock market. BSE Sensex was working at the level of 72387 points with a gain of 741 points while Nifty was working at the level of 21927 points with a gain of 239 points. 

Stocks are soaring after the budget was announced. During this boom period, Mufin Green Finance (NSE: MUFIN) share from Kolkata was up 4.98 percent. The share has reached a 52-week high of Rs 242.30, and an increase worth Rs 11.50.

Muffin Green Finance shares have a 52-week low price of Rs 108, with a total market capitalization of Rs 3730 crore. The shares of Mufin Green Finance Limited reached Rs 242 in the last five days from Rs 219 giving an 11 percent return to investors.

Investors got a 45-percent return on Muffin Green Finance shares when it was trading at Rs 167. The share price was Rs 10 in the year 2022.

Mufin Green Finance is a Kolkata-based EV and solar financing company. Share of Mufin Green Finance has made investors rich by giving them a bumper return of 132 percent from the low of Rs 109 on December 7, 2023.

Muffin Green shares gave investors multibagger returns in the short term.

Experts on Muffin Green Finance shares say that due to the company’s increasing involvement in the electric vehicle business, its shares are expected to give excellent returns in the coming time.

Muffin Green Finance Ltd shares can be purchased during weakness if you want to invest in shares and earn money.

About Mufin Green Finance Ltd

Mufin Green Finance is India’s only listed NBFC that focuses 100 percent on EV finance. They have financed more than 300Cr worth of EV assets in the past two years with a capital base of 150Cr, a history of disbursements of 250Cr, and EV vehicles.

The company’s commitment to sustainability and financial inclusion has helped us become one of the leading EV finance providers in the country. Their operating territory is spread over 14 states. The company has a market share of 7-8% for Erickshaw Financing.

The company’s goal is to revolutionize India’s EV industry by providing customized financing solutions that meet the specific needs of this segment.

They have already disbursed more than INR 300 crores towards electric vehicles, making a tangible difference to the health of our planet.

Fundamental Analysis of Mufin Green Finance Ltd

Market Cap₹ 3,659 Cr.
Current Price₹ 242.30
52-wk High₹ 242 
52-wk Low₹ 34.2
Stock P/E295
Book Value₹ 10.0
Dividend0.00 
ROCE7.00 %
ROE6.40 %
Face Value₹ 1.00
P/B Value24.2
OPM60.2 %
EPS₹ 0.82
Debt₹ 399 Cr.
Debt to Equity2.48

Mufin Green Finance Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹250₹289
2025₹300₹321
2026₹326₹335
2027₹350₹380
2028₹400₹436
2029₹450₹487
2030₹500₹543
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Mufin Green Finance Ltd Shareholding Pattern

Promoters Holding
Dec 202258.19%
Mar 202358.19%
June 202358.19%
Sept 202358.18%
Dec 202358.18%
DII Holding
Dec 202214.12%
Mar 202314.12%
June 202314.12%
Sept 202314.12%
Dec 202314.12%
Public Holding
Dec 202227.68%
Mar 202327.69%
June 202327.70%
Sept 202327.68%
Dec 202327.70%
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Mufin Green Finance Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 3 Cr
2020₹ 2 Cr
2021₹ 23 Cr
2022₹ 15 Cr
2023₹ 63 Cr

Last 5 Years’ Net Profit:

2019₹ 3 Cr
2020₹ -6 Cr
2021₹ 20 Cr
2022₹ 11 Cr
2023₹ 12 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190
20200.15
20210
20220
20231.47
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Last 10 Years’ Profit Growth:

10 Years:
5 Years:141%
3 Years:49%
Current Year:365%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:9%
3 Years:13%
Last Year:6%

Sales Growth Over 10 Years:

10 Years:
5 Years:194%
3 Years:175%
Current Year:165%

Conclusion

This article is a complete guide about Mufin Green Finance Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s prospects and growth potential.

This information will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Also Read: 1000% Bumper Return; Share Only ₹32; Already Got Huge Order From Govt Company

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We provide timely updates about the stock market and financial products to help you make better investment choices. Do your research before any investment.

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