In this article, we will discuss Enbee Trade and Finance Ltd., whose stock is trading at less than ₹ 20. On January 22, 2025, this company’s stock touched the upper circuit after the fundraising announcement. In this article, we will understand in detail the fundraising plans, the company’s efforts towards green energy and ESG-focused financing, and its significance for investors.
NB Trade’s Fundraising Plans
Let’s look at NB Trade and Finance Limited. It has announced in a BSE filing that the company is exploring opportunities related to green energy and ESG (Environmental, Social, and Governance) focused financing. The company said that it wants to invest in the following areas under this initiative, which you can see in the bullet points below:
- Green Energy Financing
- Solar Panel Installation Projects
- Wind Energy Projects
- Electric Vehicle (EV) Infrastructure
- Startups promoting EV charging stations and green technology
- ESG Focused Financing
- Projects adopting renewable energy
- Promoting sustainable practices
- Funding in Social Enterprises
The company also said that the Board of Directors will review these plans in detail in the coming quarter and work on potential partnerships.
Read this also: Massive FPI Withdrawal in Jan 2025: Indian Stock Market Faces ₹44,396 Cr Blow!
Stock performance and significance for investors
NB Trade & Finance Ltd. stock closed at ₹ 13.61 on Jan 22, 2025, up 4.93% from the previous session’s ₹ 12.97.
- 52-Week High: ₹23.30 (January 23, 2024)
- 52-Week Low: ₹9.29 (December 25, 2024)
- Market Capitalization: ₹66.69 crore
The stock has given a lifetime return of 413% so far, but it has also given a negative return of 41% in the last year.
Investment Opportunities of NB Trade
The company’s focus is on green energy projects and ESG financing, which can prove to be important for sustainable development in the future. Apart from this, the company is expected to increase its revenue by funding electric vehicle charging and renewable energy projects. However, given the company’s performance last year and the stock’s YTD negative returns, investors should consult certified experts before making any decision.
Comparison of NB Trade & Finance Ltd
| Parameters | NB Trade | Segment Leaders (Examples) |
|---|---|---|
| 52-week high (₹) | 23.30 | 150+ |
| 52-Week Low (₹) | 9.29 | 50+ |
| Market Cap (₹ Crore) | 66.69 | 1000+ |
| Focus | Green Energy and ESG | Traditional financial services |
Conclusion
This article discusses NB Trade & Finance Limited’s fundraising plans and efforts in green energy and ESG financing. The company’s stock hit an upper circuit at ₹13.61, which could be a positive sign for investors. However, investors should be cautious considering the performance of the last year. Investment in green energy and sustainable projects could make the company’s future bright.
Read this also: BSE Sensex Contracts to Launch Soon: A Golden Opportunity for Investors
Disclaimer: This information is for educational purposes only. Consult a certified financial expert before making any investment decision.
