Synopsis: CreditAccess Grameen Ltd shares jumped 11% after the NBFC reported a sharp turnaround, posting a Rs 252 crore profit in Q3 FY26 compared to about a Rs 100 crore loss in Q3 FY25, aided by improving asset quality, rising disbursements, and strong borrower...
Synopsis: CreditAccess Grameen plunged heavily after Q2 FY26 profit fell 32% YoY to Rs 126 crore, hit by weaker asset quality as GNPA rose to 3.65%. NIM dropped 20 bps to 13.3%. CLSA maintained a Hold rating but raised the target to Rs 1,600, citing margin gains and...
Synopsis: CreditAccess Grameen Ltd is in focus after announcing Q1FY26 results, with analysts maintaining a positive outlook despite a net profit dip. A small-cap non-banking finance company is in focus today after announcing its financial results for Q1FY26. Check...
The shares of this smallcap NBFC involved in providing microfinance services to women plunged 18 percent on Monday after reporting a loss of 99.5 crores in its Q3 FY25 results and weak guidance by the company. Price Action With a market capitalization of Rs 12,779.30...
The share price of this Microfinance company was down by around 6.8 percent on Monday due to weak results. Share Price Movement In Monday’s trading session, CreditAccess Grameen Ltd’s share price was down by 6.8 percent trading at Rs. 915 per share...
CreditAccess Grameen: India’s microfinance industry is booming, fueled by rural credit demand and supportive policies. Despite this growth, domestic lending to the private sector remains low at 55% of GDP, lagging behind Asian peers. The sector’s potential...
