New Delhi, April 23 -- In a notable bulk deal, Tata Mutual Fund acquired a stake worth around Rs.37.37 crore in Mufin Green Finance, signalling institutional interest in the emerging electric vehicle (EV) financing space.

The mutual fund purchased 33,00,000 equity shares of the company on April 22, 2026, at a price of Rs.113.23 per share. Following the transaction, the stock rose 1.3% to its day's high of Rs.118.47 on the BSE on April 23.

Mufin Green Finance is a listed non-banking financial company focused on financing electric mobility and related infrastructure. Its portfolio includes loans for electric two-wheelers, three-wheelers, and four-wheelers, along with charging infrastructure and associated assets. The company primarily cat...