CreditAccess Grameen's Stock Sees Positive Trend, Outperforms Sector by 3.36%

CreditAccess Grameen, a leading finance company in the Non-Banking Financial Corporation (NBFC) sector, has seen a positive trend in its stock performance. On September 12, 2024, the company's stock gained 3.68%, outperforming the sector by 3.36%. This has been the third consecutive day of gains for the stock, with a total increase of 3.95% in this period.

The stock also touched an intraday high of Rs 1265, showing a 4.68% increase. The moving averages for CreditAccess Grameen are currently higher than the 5-day and 20-day averages, but lower than the 50-day, 100-day, and 200-day averages.

In comparison to the Sensex performance, CreditAccess Grameen has outperformed with a 1-day performance of 3.80% versus the Sensex's 0.28%. In the past month, the company's stock has seen a 0.67% increase, while the Sensex has seen a 2.64% increase.

MarketsMOJO has given a 'Hold' call for CreditAccess Grameen's stock, indicating a neutral stance. This positive trend in the company's stock performance reflects its strong position in the finance industry as a largecap company. Investors can keep an eye on CreditAccess Grameen's stock for potential opportunities in the future.