CreditAccess Grameen Faces Volatility Amid Mixed Performance in Financial Sector

Feb 18 2025 03:35 PM IST
share
Share Via
CreditAccess Grameen, a midcap finance and NBFC company, saw a significant decline in its stock performance today, underperforming its sector. The stock reached an intraday low and displayed mixed trends across various moving averages. Despite a positive monthly performance, its one-day volatility contrasts sharply with the broader market.
CreditAccess Grameen, a midcap player in the finance and non-banking financial company (NBFC) sector, has experienced a notable decline in its stock performance today, with a drop of 5.86% as of February 18, 2025. This decline has positioned the stock as an underperformer compared to its sector, which saw a decrease of 5.96%.

During the trading session, CreditAccess Grameen reached an intraday low of Rs 942, reflecting a significant drop of 7.26%. In terms of moving averages, the stock is currently above its 50-day moving average but below the 5-day, 20-day, 100-day, and 200-day moving averages, indicating mixed short- to long-term trends.

Over the past month, CreditAccess Grameen has shown a positive performance of 5.27%, contrasting with the Sensex, which has declined by 0.85%. However, the stock's one-day performance of -5.68% starkly contrasts with the Sensex's minimal change of -0.04%, highlighting the stock's volatility in the current market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News