Creditaccess Grameen

CreditAccess Grameen rallies 6% on hopes of strong earnings growth

Analysts believe the company is well positioned to capture huge untapped opportunity in MFI space via deeper penetration in new, existing geographies and increase in customer base.

CreditAccess Grameen to raise Rs 15 crore via ECBs, says MD Udaya Kumar

Additionally, its public issue of non-convertible debentures (NCDs) worth up to 5 billion Indian rupees ($61.4 million) will launch on Nov. 14

Vinay Rajani of HDFC Securities sees support for Nifty around 17,400-17,150

Among individual stocks, the technical analyst is bullish on HG Infra and CreditAccess Grameen.

CreditAccess Grameen Q4 net profit jumps over two-fold at Rs 160 crore

Its profit after tax stood at Rs 56.3 crore in the same quarter of the preceding fiscal year

CreditAccess Grameen's loan book grows 22% in FY22; adds 500,000 customers

CreditAccess Grameen Ltd: The collection efficiency including that from arrears was 96% in March 2022.

CreditAccess Grameen surges 40% in 3 months on improved asset quality

The stock hit a 52-week high of Rs 878 after it rallied 15 per cent on the BSE in Friday's intra-day trade

CreditAccess Grameen gets board approval to raise up to Rs 5k cr via debt

Microfinance lender CreditAccess Grameen on Wednesday said its board has approved a proposal to raise up to Rs 5k crore through debt securities and an additional $7.4 million by issuing masala bonds.

CreditAccess Grameen reports Rs 117 crore net profit in Dec-quarter

Leading microlender CreditAccess Grameen reported a net income of Rs 117 crore for the three months to December, as against a net loss of Rs 79.1 crore a year ago.

CreditAccess Grameen's gross loan portfolio rises by 18.4% in Dec

The consolidated numbers for CreditAccess Grameen Ltd (CA Grameen) also include the performance of its subsidiary MMFL.

CreditAccess Grameen posts 25% decline in net profit to Rs 59.7 crore

The comapnies total income increased 7.2 per cent to Rs 618.6 crore

CreditAccess Grameen sees default risk dip in 30-day bucket in August

Collection efficiency rises to 99% in August

CreditAccess Grameen up 9% on fund raising plans; CLSA initiates coverage

CLSA initiated coverage on CreditAccess Grameen with a 'BUY' recommendation and a target price of Rs 840

CreditAccess Grameen reports 22% decline in Q1 net profit at Rs 75 crore

The company said it is well capitalised, with standalone capital to risk weighted assets ratio of 23.7%

Nifty outlook and top trading ideas by Jay Anand Thakkar of Anand Rathi

The daily, as well as weekly momentum indicator MACD for Nifty, is well in the buy mode

CreditAccess Grameen to acquire Madura Micro Finance for Rs 876 crore

The acquisition strengthens our microfinance franchise which can be leveraged to provide innovative financial services, says CAGL chairman

Avenue Supermarts, EIH: 10 stocks to buy in Muhurat trading for Samvat 2076

Although a confirm breakout is yet to take shape, still the Delta Corp counter is exhibiting upside on the charts as volumes spike

CreditAccess Grameen surges 12% in range-bound market, nears all-time high

For the April-June 2019 quarter (Q1FY20), CreditAccess Grameen posted 33 per cent year on year (YoY) growth in net profit at Rs 96 crore, backed by lower provisioning

CreditAccess gains 8% on completion of direct assignment of Rs 139 crore

With this transaction, the company has completed one securitization and one direct assignment transaction totaling to Rs 249 crore in FY-2019-20.

CreditAccess Grameen ends flat after weak debut

The stock settled at Rs 420.80, 0.28% below its issue price of Rs 422 per share on the BSE.

CreditAccess Grameen IPO worth Rs 3.4 billion subscribed 25% on Day 1

Shares were allotted at the top-end of the IPO price band of Rs 422 per share