CreditAccess Grameen Ltd's Stock Hits 52-Week Low, Rated 'Hold' by MarketsMOJO
CreditAccess Grameen Ltd, a midcap finance company, has seen a dip in its stock price, reaching a 52 week low on August 14, 2024. The stock has been on a downward trend for the past three days, with a consecutive fall of -7.27%. According to MarketsMojo, the stock is currently rated as 'Hold' and has underperformed the sector by -3.57%. The company's performance in the past year has been -16.71%, while the Sensex has seen a growth of 20.70%. The stock is currently trading below its moving averages, indicating a bearish trend.
CreditAccess Grameen Ltd, a midcap finance company, has seen a dip in its stock price as it touched a 52 week low on August 14, 2024. The stock has been on a downward trend for the past three days, with a consecutive fall of -7.27% during this period. Today, the stock opened with a gain of 2% but closed at a low of Rs.1162.8, underperforming the sector by -3.57%.
According to MarketsMOJO, a leading stock analysis platform, the stock is currently rated as 'Hold'. The company's performance in the past year has been -16.71%, while the Sensex has seen a growth of 20.70% during the same period.
CreditAccess Grameen Ltd operates in the finance and NBFC industry, catering to the midcap segment. The stock is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a bearish trend.
Investors and experts are closely monitoring the company's performance and its ability to bounce back from the recent dip in stock price. However, it is important to note that this article is based on factual information and does not make any recommendations or predictions about the future potential of CreditAccess Grameen Ltd.
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