Mufin Green Stock Hits Upper Circuit As It Gets Credit Ratings Upgrade

Mufin Inexperienced Inventory Hits Higher Circuit As It Will get Credit score Rankings Improve

The counter has delivered a multibagger return of 211 per cent in only one yr. In two years, the inventory has rallied a whopping 778 p.c.

Share Market News: Mufin Green Stock Hits Upper Circuit As It Gets Credit Ratings Upgrade
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Share Market Information: Shares of Mufin Inexperienced have gotten a credit standing improve by Acuite Rankings & Analysis. As per the submitting, the company has upgraded the rankings awarded to Mufin Inexperienced on financial institution amenities, NCDs and Bonds at BBB+ | Secure from BBB | Secure.

In the meantime, the counter surged 10 p.c to hit the higher circuit for the second consecutive day. The inventory opened at Rs 129 apiece on the NSE in opposition to the earlier shut of Rs 119.40. It went on to hit the day’s excessive of RS 131.45 or 10 p.c surge from the earlier shut.

The counter has delivered a multibagger return of 211 per cent in only one yr. In two years, the inventory has rallied a whopping 778 p.c. It has multiplied buyers’ cash by greater than 2,200 per cent within the final three years.

Earlier the corporate reported its quarterly earnings for the fourth quarter of FY2024. The corporate reported its internet revenue at Rs 4.05 crore, up greater than 50 p.c YoY, on account of upper revenue. The corporate’s internet revenue in the identical quarter a yr in the past stood at Rs 2.66 crore.
Mufin Inexperienced Finance, which has operations in additional than a dozen cities, instructions a market cap of Rs 2,020.85 crore.




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