Mufin Green Finance Ltd (NSE: MUFIN): Mufin Green Finance Ltd on Tuesday Sensex was working at 73,095.22 points, which was up by 305.09 points, and Nifty was trading at a level of 22,198.35 points. This was an increase of 76.30 points.
In the course of trading, shares of Kolkata’s EV Finance company Mufin Green Finance Limited had reached an upper circuit of 5 percent and was operating at the rate of 224 rupees.
The shares of the electric car finance firm Mufin Green Finance Limited have declined in the last five days.
However, over the last month, its shares of Mufin GFL have given a return of 2.26 percent to investors.
In the past six months, the Mufin Green Finance shares have increased by 70 percent from the previous amount of Rs 134 to the current level of 224.
The 52-week high of Muffin Green Finance share is 274 with an estimated market value of 3580 crores and the 52-week low is at just Rs 108.
Experts who are familiar with Muffin Green Finance shares say that, due to its growing involvement in the field of electric vehicles the shares of the company are predicted to earn outstanding returns in the near time.
To earn money by purchasing shares purchase Muffin Green Finance Limited shares. Muffin Green Finance Limited in the event of a dip.
Muffin Green Finance shares have delivered 1200 percent to investors in the last two years.
Mufin Green Company had approved the plan to raise funds of around 17.50 crore via non-convertible debentures on an individual basis.
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 | ₹ 3,388 Cr. |
| Current Price | ₹ 224 |
| 52-wk High | ₹ 274.40 |
| 52-wk Low | ₹ 108.05 |
| Stock P/E | 308.97 |
| Book Value | ₹ 10.7 |
| Dividend | 0.00 |
| ROCE | 7.00 % |
| ROE | 6.40 % |
| Face Value | ₹ 1.00 |
| P/B Value | 21.0 |
| OPM | 66.7 % |
| EPS | ₹ 0.97 |
| Debt | ₹ 399 Cr. |
| Debt to Equity | 2.48 |
Mufin Green Finance Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 250 | ₹ 289 |
| 2025 | ₹ 300 | ₹ 321 |
| 2026 | ₹ 326 | ₹ 335 |
| 2027 | ₹ 350 | ₹ 380 |
| 2028 | ₹ 400 | ₹ 436 |
| 2029 | ₹ 450 | ₹ 487 |
| 2030 | ₹ 500 | ₹ 543 |
Mufin Green Finance Ltd Shareholding Pattern
| Promoters Holding | |
| Mar 2023 | 58.19% |
| June 2023 | 58.19% |
| Sept 2023 | 58.18% |
| Dec 2023 | 58.18% |
| Feb 2024 | 55.37 |
| FII Holding | |
| Mar 2023 | 0.00% |
| June 2023 | 0.00% |
| Sept 2023 | 0.00% |
| Dec 2023 | 0.00% |
| Feb 2024 | 0.01% |
| DII Holding | |
| Mar 2023 | 14.12% |
| June 2023 | 14.12% |
| Sept 2023 | 14.12% |
| Dec 2023 | 14.12% |
| Feb 2024 | 13.44% |
| Public Holding | |
| Mar 2023 | 27.69% |
| June 2023 | 27.70% |
| Sept 2023 | 27.68% |
| Dec 2023 | 27.70% |
| Feb 2024 | 31.18% |
Mufin Green Finance 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 | ₹ 79 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 3 Cr |
| 2020 | ₹ -6 Cr |
| 2021 | ₹ 20 Cr |
| 2022 | ₹ 11 Cr |
| 2023 | ₹ 15 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0.15 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 1.47 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | 141% |
| 3 Years: | 49% |
| Current Year: | 236% |
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: | 143% |
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 future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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