CreditAccess Grameen surges on recovery hopes in microfinance; JM upgrades to "buy" as asset quality and collections improve.

• Shares rise 5% to ₹1,348 after JM hikes target to ₹1,475, citing early stress recognition and strong recovery path.
• July collections improve; management expects sustained momentum through August–September amid easing stress in the MFI segment.
• Q1 profit up 27.5% QoQ, down 84.9% YoY; YTD stock gains 52% with volume 3x 30-day average.