1,570 per cent returns in this multibagger stock; Board announced bonus shares!

The stock gave multibagger returns of 160 per cent in just 1 year.

Mufin Green Finance Ltd informed that the Board of Directors of the company have approved bonus shares in the ratio of 2:1 for the equity shareholders of the company (i.e., 2 equity shares of Rs 1 each fully paid up for every 1 equity share of Rs 1 each fully paid up held as on the record date decided for this purpose). The company verified the record date as Friday, July 07, 2023.

On Tuesday, shares of Mufin Green Finance zoomed 2.53 per cent to Rs 133.95 per share from its previous closing of Rs 130.65. At the closing bell, shares of the company were trading at Rs 131.50 per share, up 0.65 per cent.

Mufin Green Finance Limited operates as an investment firm. The company offers investment advisory, asset management, capital preservation, and financial planning services. The shares of the company saw a spurt in volume by more than 1.04 times on BSE.

According to the financials, Mufin Green Finance has a market cap of Rs 662 crore. The company has delivered good profit growth of 141 per cent CAGR over the last 5 years. Additionally, the company have reported stellar Quarterly Results and annual results.

The stock gave multibagger returns of 160 per cent in just 1 year and over 1,570 per cent returns in the span of 3 years. Investors should keep an eye on this micro-cap stock.