CreditAccess Grameen Shares Soar 6.6% on Record Disbursements, Improved Asset Quality

  Published 9 months ago

CreditAccess Grameen shares surge 6.6% to 1,323 rupees, hitting an 8-month high on record Q1 disbursements and improved asset quality, outperforming the small-cap index.

  • Reports highest, ever Q1 disbursements; asset quality improves across all operating states.
  • Q4 profit fell 88% due to asset issues, but shares are up 50% this year, outpacing the small-cap index.
  • High trading volume of 5.7 million shares, 10.6x average; analysts rate it as 'buy'.

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