Mufin Green Finance Faces Significant Volatility Amidst Broader Market Trends

Mufin Green Finance, a small-cap player in the finance and non-banking financial company (NBFC) sector, experienced significant volatility on March 10, 2025, with a notable decline of 7.95%. This drop comes after a brief period of gains, marking a trend reversal following three consecutive days of positive performance. The stock opened the day with a substantial gain of 16.57%, reaching an intraday high of Rs 99, but quickly fell to a low of Rs 78.15, reflecting an intraday volatility of 19.38%.
In terms of performance metrics, Mufin Green Finance has underperformed compared to the broader market, with a 1-day performance of -7.95% against the Sensex's decline of 0.29%. Over the past week, however, the stock has shown a positive trend, gaining 6.22%. Despite this, its longer-term performance remains concerning, with a 1-month decline of 12.15% and a staggering 60.18% drop over the past year.

Currently, Mufin Green Finance's moving averages indicate that while it is above its 5-day moving average, it remains below the 20, 50, 100, and 200-day moving averages, suggesting a challenging market position.