The inventory has given a multibagger return of 545 per cent in three years. While it has gained 84 per cent in two years, the scrip has corrected 31 per cent in on 12 months and 33 per cent in six years.
Kolkata-based Mufin Green, which focuses on financing within the electrical automobile ecosystem, has introduced its monetary outcomes for the fourth quarter of FY25. The firm has posted a 53 per cent year-on-year (YoY) rise in its gross sales in This fall to Rs 49.32 crore. It was Rs 32.12 crore in the identical quarter of the earlier fiscal.
However, the agency’s web revenue, declined 11 per cent YoY to Rs 3.60 crore, in comparison with Rs 4.05 crore in corresponding quarter a 12 months in the past.
For the complete fiscal (FY 2025), the corporate’s web revenue elevated by 22 per cent to Rs 19.61 crore from Rs 16.06 crore in FY2024.
Its gross sales surged by 82 per cent to Rs 178.23 crore within the 12 months ended March 2025 as in opposition to Rs 97.70 crore in the course of the earlier 12 months ended March 2024.
Signs USD 18-mn mortgage settlement
Earlier, Mufin Green has signed an settlement with the United States International Development Finance Corporation to avail USD 18 million mortgage.
The deal will allow Mufin Green finance the onward lending enterprise, a regulatory submitting stated.
The settlement with the US authorities’s improvement finance establishment was signed on Wednesday, Mufin Green stated.
Kolkata-based Mufin Green focuses on financing within the electrical automobile ecosystem, together with two-wheelers, three-wheelers, four-wheelers, quick chargers and swappable batteries.
Share Price Today
The shares of the corporate opened within the purple right this moment at Rs 80.93 on the BSE in opposition to the earlier shut of Rs 81. It touched the intraday low of Rs 79.51 earlier than rebounding and touching the intraday excessive of Rs 82.90. Last seen, it was buying and selling at Rs 80.70, with a lack of 0.37 per cent.
The inventory has been shedding for the final two days and has fallen 2.17 per cent within the interval.
Share Price History
The inventory has given a multibagger return of 545 per cent in three years. While it has gained 84 per cent in two years, the scrip has corrected 31 per cent in on 12 months and 33 per cent in six years.
(This article is for informational functions solely and shouldn’t be construed as funding, monetary, or different recommendation.)
No Comment! Be the first one.