multibagger stock Every investor is looking for. If a stock is included in the portfolio then investors get bumper earnings. Today we are telling you about one such multibagger stock named Muffin Green Finance. This NBFC stock has given returns of more than 5,000 percent in the last 5 years. Now the company has announced to raise funds through NCD. After this, buying started again in this multibagger stock. Let us know what is the future estimate regarding this stock?
Muffin Green Finance informed the market
The small-cap multibagger stock informed the Indian stock market exchanges about the board's approval to raise funds, saying, the committee of the board of directors of the company in its meeting held today i.e. Friday, November 29, 2024, inter alia -With rated, unlisted, secured, senior, redeemable, tax denominated in Indian Rupees on private placement basis for amounts up to Rs 15,00,00,000 Fund raising through issuance of eligible, transferable, NCDs has been considered and approved. The amount is subject to the relevant provisions of applicable law and approval of applicable regulatory authorities.
Muffin Green Finance Share Outlook
Regarding Muffin Green Finance share, market experts say that this multibagger stock is in the range of ₹ 105 to ₹ 140. However, the stock looks positive and sideways on the charts. The strategy of buying on dips can be maintained while maintaining the stop loss at ₹105 per share in the stock. Going above the ₹140 per share mark, the stock can be expected to rise, while going below the ₹105 per share level, further downside may occur. Therefore, a break on either side of the range can be considered a bullish or bearish trend.
Muffin Green Finance Share History
In one month, this small-cap stock gave 14 per cent returns to its positional investors, while in six months it gave 9 per cent returns. In 2024, the NBFC stock remained in base-building mode, but for long-term investors, it was one of the wealth creation stocks for its shareholders. Over the past five years, this multibagger stock has risen from Rs 2.40 to ₹124.05 per share on the BSE, giving returns of over 5,000 per cent to its long-term investors. This multibagger stock is available for trading on both NSE and BSE.
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