CreditAccess Grameen Limited (NSE: CREDITACC)
India
· Delayed Price · Currency is INR | Market Cap | 131.49B |
| Revenue (ttm) | 29.33B |
| Net Income (ttm) | 13.34B |
| Shares Out | 159.08M |
| EPS (ttm) | 83.32 |
| PE Ratio | 9.92 |
| Forward PE | 10.19 |
| Dividend | 10.00 (1.21%) |
| Ex-Dividend Date | Jul 26, 2024 |
| Volume | 102,802 |
| Open | 821.15 |
| Previous Close | 826.15 |
| Day's Range | 814.80 - 828.95 |
| 52-Week Range | 810.00 - 1,790.75 |
| Beta | 0.86 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 24, 2025 |
About CreditAccess Grameen
CreditAccess Grameen Limited, a non-banking financial company, provides micro finance services for women from poor and low income households in India. The company offers microcredit loans for income generation, home improvement, emergency, family welfare, and Grameen Unnati, as well as Grameen Suraksha, life insurance, and national pension schemes. It also provides retail finance loans, such as Grameen Vikas, Gruha Vikas, Grameen two-wheeler, and Grameen Swarna. In addition, the company offers digital lending products comprising Pragathi digita... [Read more]
Financial Performance
In 2023, CreditAccess Grameen's revenue was 29.94 billion, an increase of 54.57% compared to the previous year's 19.37 billion. Earnings were 14.46 billion, an increase of 75.04%.
Financial StatementsNews
CreditAccess Grameen raises Euro 25 million from DEG and Rs 170 crore from Citi
CreditAccess Grameen Limited (CA Grameen), India’s largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has raised EUR 25 million from the German Investment Corporation (DEG) an...
CreditAccess Grameen shares tank 10% after Goldman Sachs double downgrades stock to Sell from Buy, cuts target price
Shares of CreditAccess Grameen fell 9% after Goldman Sachs downgraded the stock to ‘Sell’ from ‘Buy’ and slashed its target price to ₹564 from ₹1,426. The downgrade stems from concerns over asset qual...
Goldman Sachs double downgrades CreditAccess Grameen to Sell from Buy, target price cut sharply
Goldman Sachs has downgraded CreditAccess Grameen to 'Sell' from 'Buy' and sharply reduced its target price to ₹564 from ₹1,426, citing growing concerns over asset quality and earnings visibility.
MFIs like Utkarsh, Spandana and CreditAccess Grameen have higher risk exposure: Jefferies
Jefferies highlights a mixed outlook for the MFI sector, forecasting 18% loan CAGR over the next two years but noting higher leverage and increased overdue loans. Key Observations: The share of loans ...
CreditAccess Grameen shares drop over 5% after Q2 FY25 results show decline in revenue and profit
CreditAccess Grameen’s shares fell by over 5.35% in early trading today, reaching ₹929.00 after the company reported a significant decline in both revenue and net income for the second quarter of FY25...
CreditAccess Grameen shares drop 3% as Nomura downgrades to ‘reduce’
CreditAccess Grameen shares dropped more than 3% in morning trade after brokerage firm Nomura downgraded it to “Reduce” from “Neutral” and slashed the target price to ₹950. The downgrade follows as No...
Nomura on CreditAccess: Downgrades to Reduce, expects 15% downside in share price
Nomura has downgraded CreditAccess Grameen to “Reduce” from “Neutral” and slashed the target price to ₹950. With the current market price at ₹1,118.80, this indicates a potential downside of approxima...
CreditAccess Grameen Q2 FY25: AUM up 12% YoY, disbursements down 19%
CreditAccess Grameen Limited has provided a key business update for the quarter ended September 30, 2024. The company reported a 12% year-on-year (YoY) growth in its assets under management (AUM), whi...
Stocks that have hit their 52-week low today: NSL ISPAT, GAEL, CreditAccess Grameen, Ujjivan SFB, Equitas Bank, RBL Bank, EaseMyTrip, and Jio Financial
Several stocks reached their 52-week low today, reflecting downward pressure in the market. Here’s a detailed look at the stocks that touched their lowest levels in the past year: NSL ISPAT (NSLNISP):...