CreditAccess Grameen Shows Strong Market Activity and Outperformance Amid Rising Investor Participation

CreditAccess Grameen Ltd, a prominent player in the finance industry, has emerged as one of the most active equities today, with a total traded volume of 3,013,072 shares and a total traded value of approximately Rs 400.01 lakhs. The stock opened at Rs 1,258.8 and reached a day high of Rs 1,354.8, reflecting a notable intraday increase of 9.17%. As of the latest update, the last traded price stands at Rs 1,320.3, which is 2.51% away from its 52-week high of Rs 1,369.
In terms of performance, CreditAccess Grameen has outperformed its sector by 7.18%, showcasing a 1-day return of 7.61%, while the sector and Sensex recorded returns of 0.61% and 0.03%, respectively. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also seen a rise, with a delivery volume of 203,000 shares on July 3, marking an increase of 28.64% compared to the 5-day average. The liquidity of the stock remains robust, accommodating trade sizes of Rs 1.12 crore based on 2% of the 5-day average traded value. Overall, CreditAccess Grameen Ltd continues to demonstrate strong market activity and performance metrics.