For the last few days, there has been a rise in the shares of this small-cap Non-Banking Financial Company (NBFC). Investors are buying heavily in this stock, due to which back-to-back upper circuits have been seen on this stock for the last few days. The stock has risen 18% in five trading days and 37% monthly.
The name of this small-cap stock is Muffin Green Finance Limited (BSE BOM: 542774) and it offers electric vehicle loans for income generation purposes. It offers B2B financing loans for electric vehicles (2-wheeler, rickshaw, 3-wheeler, 4-wheeler, and channel finance). B2C financing loans for electric vehicles (2-wheelers, 3-wheelers and rickshaws).
The company’s shares are making its new high with the continuous upper circuit. Even today the stock has opened with the upper circuit and made its new 52-week high. At present its share price is trading at Rs 230. If we talk about its 52-week low then it is Rs 108.05.
Stock Soars More Than 400 Percent in 6 Months
| Period | Share Price | Growth | Returns on ₹10k |
| 1M | ₹167.30 | 37.60% | ₹13,760 |
| 2M | ₹116.50 | 97.60% | ₹19,760 |
| 3M | ₹111.76 | 105.98% | ₹20,598 |
| 4M | ₹87.03 | 164.51% | ₹26,451 |
| 5M | ₹51.84 | 344.06% | ₹44,406 |
| 6M | ₹44.40 | 418.47% | ₹51,847 |
| 7M | ₹46.83 | 391.57% | ₹49,157 |
| 8M | ₹44.10 | 422.00% | ₹52,200 |
| 9M | ₹39.82 | 478.10% | ₹57,810 |
| 10M | ₹37.58 | 512.56% | ₹61,256 |
| 11M | ₹38.79 | 493.45% | ₹59,345 |
| 12M | ₹43.33 | 431.27% | ₹53,127 |
Muffin Green Finance doubled investors’ money in the last two months, 5x in the last four months, and 6x in the last 10 months. The company’s overall performance over the last 12 months is also astonishing. Although this looks low compared to the returns over the last 11 months, 431.27% is not a small return either. This is an impressive growth and for investors who invested ₹10,000 in it 12 months ago, its value has grown to ₹53,127 today.
More Than 300 Percent Growth in 2023
| Month | Opening | Closing | Gain/ Fall |
| Jan | ₹38.90 | ₹43.33 | 11.39% |
| Feb | ₹41.17 | ₹38.56 | -6.34% |
| Mar | ₹39.08 | ₹37.58 | -3.84% |
| Apr | ₹38.58 | ₹39.97 | 3.60% |
| May | ₹39.82 | ₹44.10 | 10.75% |
| Jun | ₹44.18 | ₹48.88 | 10.64% |
| Jul | ₹46.83 | ₹44.40 | -5.19% |
| Aug | ₹44.51 | ₹51.84 | 16.47% |
| Sep | ₹54.86 | ₹83.34 | 51.91% |
| Oct | ₹87.03 | ₹111.76 | 28.42% |
| Nov | ₹117.30 | ₹114.10 | -2.73% |
| Dec | ₹116.50 | ₹164.30 | 41.03% |
| Total Returns in 2023 | 322.37% | ||
Investors who invested in it in 2023 earned quite well returns. The share price of Muffin Green Finance Limited in January 2023 was ₹38.90 and on the last trading day of the year, it closed at ₹164.30 with a gain of 322.37% percent.
8300 Percent Growth in 4 Years
In the table below you can check the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 10,000 then what is the value of those Rs 10,000 worth of shares today…
| Period | Absolute Return | Returns on ₹10k | CAGR |
| 1Y | 431% | ₹53k | 431.27% |
| 2Y | 2037% | ₹2.14 lakh | 362.32% |
| 3Y | 5641% | ₹5.74 lakh | 285.76% |
| 4Y | 8332% | ₹8.43 lakh | 203.03% |
| MAX | 6515% | ₹6.61 lakh | 162.26% |
- If we look at the performance of the last two years, it has seen a rise of more than 2000 percent.
- In the past three years, it has increased investors’ money by more than 57 times.
- For investors who had invested Rs 10,000 in it 4 years ago, the value of those ₹10 thousand shares has increased to ₹8.43 lakh today.
- The company’s stock CAGR growth from the listing is 162.26 percent.
Performance from Listing (Year-wise)
| Year | Open | Close | Gain/ Fall |
| 2024 | ₹167.30 | ₹230.20 | 37.60% |
| 2023 | ₹38.90 | ₹164.30 | 322.37% |
| 2022 | ₹11.46 | ₹38.89 | 239.35% |
| 2021 | ₹3.96 | ₹11.58 | 192.42% |
| 2020 | ₹3.09 | ₹4.24 | 37.22% |
| 2019 | ₹3.48 | ₹3.00 | -13.79% |
The stock was listed on BSE in September 2019 and has been performing quite well year on year.
Disclaimer: This article is for informational purposes only and should not be considered investment advice.