Multibagger NBFC is focused on financing every element of the EV ecosystem, including two- and three-wheelers, four-wheelers, fast chargers, swappable batteries and similar products to mobilize electric vehicles in the country for both retail and fleet operators. (AP)

Multibagger stock: Mufin Green Finance shares are one of the multibagger stocks that the Indian stock market has produced in recent years. This multi bagger NBFC stock has surged from around ₹39 to ₹87.10 apiece levels in year-to-date (YTD) time, delivering to the tune of 125 per cent return to its positional investors. However, it seems that the stock still has some steak left in it.

Mufin Green Finance's share price today opened upside at ₹87.10, which turned out its intraday high, which is around 4 percent away from its lifetime high of ₹90.80 apiece on BSE.

MUFIN GREEN FINANCE NEWS

Mufin Green Finance recently collaborated with Snap–E Cabs, an app-based fleet of 100 percent electrical vehicles (EV) based in Kolkata. Mufin Green Finance to provide a fleet of 100 Tata Tigor cars on lease for 5 years. These vehicles will be utilized as cabs in Kolkata, effectively increasing Snap E Cab's fleet to 600 from the previous 400 cabs. After the 5-year lease term, Snap E Cab can buy back these vehicles from Mufin Green Finance.

TATA MOTORS SHARES HIT RECORD HIGH ON JLR'S BEST-EVER PERFORMANCE IN H1FY24

The NBFC has also partnered with companies like BluSmart, Battery Smart, Piaggio, Yatri, Mayuri, Saarthi, Citylife, Arzoo, Alt Mobility, OHM, Alti Green, and many more drivers of the EV Ecosystem earlier.

Mufin Green Finance has recently collaborated with OHM E Logistics as well for an EV vehicle and charger finance loan. 

The NBFC stock was originally named APM Finvest. At the beginning of October 2023, the NBFC informed Indian stock market exchanges about changing its name to Mufin Green Finance Ltd.

MUFIN GREEN FINANCE BONUS SHARE HISTORY

Mufin Green Finance has a history of rewarding its long term shareholders from its capital reserves. As per the information available on the BSE website, the NBFC stock has given 2:1 bonus shares to its shareholders in July 2023. the bonus shares were issued to eligible shareholders in a 2:1 ratio. This means two bonus shares were rewarded for every one stock held by the shareholder on the bonus share record date.

PSU STOCKS REC, GAIL, COAL INDIA, MMTC, NMDC HIT 52-WEEK HIGH. DO YOU OWN ANY?

On 13th April 2023, this multibagger NBFC stock traded ex-split stock for stock subdivision into a 1:2 ratio. This means one share was split into two with a face value of Re 1 per equity share.