CreditAccess Grameen Faces Continued Decline Amid Broader Market Fluctuations

CreditAccess Grameen, a midcap player in the finance and non-banking financial company (NBFC) sector, has experienced a notable decline of 5.05% on March 26, 2025. This drop comes as the stock has underperformed its sector by 3.86%, marking its third consecutive day of losses, with a total decline of 8.56% over this period. The stock reached an intraday low of Rs 921.35, reflecting a decrease of 5.21%.
In terms of moving averages, CreditAccess Grameen is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

The broader market context shows the Sensex opening flat before falling by 702.69 points to 77,318.76, a decline of 0.9%. Despite this, the Sensex has shown resilience over the past three weeks, gaining 5.63%.

Over various time frames, CreditAccess Grameen's performance has been mixed, with a year-to-date increase of 3.52%, contrasting sharply with a year-over-year decline of 34.22%. In the longer term, the stock has appreciated by 135.22% over five years, although this lags behind the Sensex's 158.19% gain in the same period.