FIIs bought 6,40,117 shares: Multibagger penny stock under Rs 100; Company reports net sales of Rs 182.38 crore and net profit of Rs 19.24 crore
From Rs 13.09 per share to Rs 82.90 per share, the stock gave multibagger returns of 533 per cent in just 3 years and a whopping 3,475 per cent in 5 years.
On Wednesday, shares of Mufin Green Finance Ltd gained 2.35 per cent to Rs 82.90 per share from its previous closing of Rs 81 per share with a spurt in volume by more than 2.5 times. The stock's 52-week high stands at Rs 141.60 per share and its 52-week low is Rs 63.66 per share.
Mufin Green Finance tackles social and environmental issues in India by providing financial solutions, like electric vehicle loans, to underserved communities. This focus on financial inclusion and sustainability goes hand-in-hand with their strong financial performance, boasting a market cap of over Rs 1,400 crore and a remarkable 180 per cent three-year compounded annual growth rate in profits.
According to Quarterly Results, the net sales increased by 54 per cent to Rs 49.61 crore and net profit decreased by 15 per cent to Rs 3.44 crore in Q4FY25 compared to Q4FY24. Looking at its annual results, the net sales increased by 86 per cent to Rs 182.38 crore and net profit increased by 20 per cent to Rs 19.24 crore in FY25 compared to FY24.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, do download the service details here.
The company has secured a USD 18 million loan from the U.S. International Development Finance Corporation to bolster its lending business, requiring asset pledges exceeding 110 per cent of the loan balance. Separately, Mufin Green has partnered with Wardwizard Innovations & Mobility, offering customised financing solutions for their electric vehicles, including fleet operations. Furthermore, Mufin Green Infra has joined forces with Exicom Tele-Systems to create a comprehensive EV charging ecosystem, combining Exicom's charging hardware with Mufin Green Infra's turnkey project solutions, aiming to accelerate EV adoption in India.
In March 2025, FIIs bought 6,40,117 shares and increased their stake to 1.25 per cent compared to December 2024. From Rs 13.09 per share to Rs 82.90 per share, the stock gave multibagger returns of 533 per cent in just 3 years and a whopping 3,475 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.