CreditAccess Grameen Ltd Share Price (CREDITACC)
₹1425.65
CreditAccess Grameen Ltd share Performance
- ₹1415.1₹1452.4₹1425.65
0.74%
Low
Day's Volatility:2.62%
High
1.88%
- ₹934.4₹1796₹1425.65
34.46%
Low
52 Weeks Volatility:60.44%
High
25.98%
| Returns % | |
| 1 Month Return | 3.42 % |
| 3 Month Return | -12.17 % |
| 1 Year Return | 47.75 % |
| Market Stats | |
| Previous Close | ₹1,448.05 |
| Open | ₹1,449.00 |
| Volume | 3.59L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹23,078.58Cr |
Analyst Rating for CreditAccess Grameen Ltd stock
based on 17 analysts
Based on 17 analysts offering long term price targets for CreditAccess Grameen Ltd. An average target of ₹1836.88
Source: S&P Global Market Intelligence
Company Information
Share Price: ₹1425.65 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹23,078.58Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹353.34Cr as on December 2023 (Q4 23)
Listing date: 23 Aug, 2018
Chairperson Name: George Joseph
| Organisation | CreditAccess Grameen Ltd |
| Headquarters | |
| Industry | Finance |
| E-voting on shares | Click here to vote |
Key events for CreditAccess Grameen Ltd
Goldman Sachs Initiates Buy Rating on CreditAccess Grameen - 12 Apr, 2024
Goldman Sachs has initiated coverage on microfinance player CreditAccess Grameen with a buy call and a target price of Rs 1,788 per share. The company's diversified loan book and market share gains will support its profitability estimates.
CreditAccess Grameen Completes Direct Assignment Transaction Worth ₹555.54 Crore - 01 Apr, 2024
CreditAccess Grameen raises ₹5,884.99 crore through term loans and direct assignments in Q1 2024. The company's high EPS growth rate compared to share price increase suggests market pessimism.
CreditAccess Grameen Receives Buy Rating from Motilal Oswal - 28 Mar, 2024
CreditAccess Grameen Ltd receives a 'Buy' rating from Motilal Oswal with a target price of Rs 1760. The company is well-prepared to capitalize on the growing opportunity in the microfinance sector.
CreditAccess Grameen Receives Tax Demand Order - 20 Mar, 2024
The Income Tax Department has issued a demand order to CreditAccess Grameen seeking an additional tax demand of Rs 46.03 crore for AY 2022-23. The microfinance firm maintains that the demand is factually incorrect and will not have any material impact on its financial or operational activities.
Fundamentals of CreditAccess Grameen Ltd
Insights on CreditAccess Grameen Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 7 quarters, 760.52 Cr → 1.29K Cr (in ₹), with an average increase of 8.4% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 13.89% to 13.98% in Mar 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, CREDITACC has outperformed top 5 stocks with highest market-cap in Consumer Lending
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 5.55% to 6.01% in Mar 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 347.04 Cr → 353.34 Cr (in ₹), with an average increase of 1.8% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Shriram Finance Ltd has given 79.3% return, outperforming this stock by 31.5%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 66.66% to 66.58% in Mar 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, CREDITACC stock has moved down by -12.2%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 12.00% to 11.65% in Mar 2024 quarter
CreditAccess Grameen Ltd Valuation
CreditAccess Grameen Ltd in the last 5 years
Lowest (13.17x)
March 30, 2020
Today (17.11x)
April 16, 2024
Industry (29.96x)
April 16, 2024
Highest (180.76x)
December 13, 2021
Mutual Fund Holdings
| Funds | Holdings |
 Nippon India Small Cap Fund - Direct Plan - Growth Plan | 0.66% |
 Canara Robeco Emerging Equities Direct Plan Growth Option | 1.38% |
 Axis Small Cap Fund Direct Growth | 1.39% |
| Nippon India Multi Cap Fund - Direct Plan - Growth | 0.57% |
 PGIM India Midcap Opportunities Fund Direct Growth | 1.51% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 66.58% | 0.00 | |
| Foreign Institutions | 11.65% | 0.00 | |
| Mutual Funds | 13.98% | 0.00 | |
| Retail Investors | 6.01% | 0.00 | |
| Others | 1.78% | 0.00 |
Technicals of CreditAccess Grameen Ltd share
News & Events of CreditAccess Grameen Ltd
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy CreditAccess Grameen Ltd shares.
CreditAccess Grameen Ltd (CREDITACC) share price today is ₹1425.65
CreditAccess Grameen Ltd is listed on NSE
CreditAccess Grameen Ltd is listed on BSE
- Today’s highest price of CreditAccess Grameen Ltd is ₹1452.4.
- Today’s lowest price of CreditAccess Grameen Ltd is ₹1415.1.
PE Ratio of CreditAccess Grameen Ltd is 17.11
PE ratio = CreditAccess Grameen Ltd Market price per share / CreditAccess Grameen Ltd Earnings per share
Today’s traded volume of CreditAccess Grameen Ltd(CREDITACC) is 3.59L.
Today’s market capitalisation of CreditAccess Grameen Ltd(CREDITACC) is ₹23078.58Cr.
| CreditAccess Grameen Ltd(CREDITACC | Price |
|---|---|
52 Week High | ₹1796 |
52 Week Low | ₹934.4 |
CreditAccess Grameen Ltd(CREDITACC) share price is ₹1425.65. It is down -20.62% from its 52 Week High price of ₹1796
CreditAccess Grameen Ltd(CREDITACC) share price is ₹1425.65. It is up 52.57% from its 52 Week Low price of ₹934.4
| CreditAccess Grameen Ltd(CREDITACC | Returns |
|---|---|
1 Day Returns | -22.4% |
1 Month Returns | 3.42% |
3 Month Returns | -12.17% |
1 Year Returns | 47.75% |