Why is CreditAcc. Gram. falling/rising?

Sep 03 2025 11:33 PM IST
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As of 03-September, CreditAccess Grameen Ltd's stock price is 1,376.00, down 0.65% recently but still close to its 52-week high. Despite short-term declines, the stock has strong long-term fundamentals and has outperformed the broader market over the past year.
As of 03-September, CreditAccess Grameen Ltd's stock price is currently at 1,376.00, reflecting a decrease of 9.0, or 0.65%. The stock has been underperforming in the short term, having fallen consecutively for the last two days, resulting in a total decline of 1.71%. Despite this recent downturn, the stock is still close to its 52-week high, just 3.6% away from Rs 1,425.5. Over the past week, the stock has shown a positive return of 1.56%, and over the last month, it has increased by 10.46%. The company has demonstrated strong long-term fundamental strength, evidenced by a 23.98% CAGR growth in net sales and high institutional holdings, which have increased by 0.83% over the previous quarter.

In the broader market context, while the stock has outperformed the benchmark index, the BSE500, which has seen negative returns of -4.38% over the past year, CreditAccess Grameen Ltd has managed to generate a positive return of 13.59% during the same period. However, the stock's performance today has underperformed its sector by 1.49%. The rising investor participation, indicated by an 18.55% increase in delivery volume, suggests that there is still interest in the stock despite its recent price decline. Overall, while the stock has shown resilience and strong fundamentals, the recent price drop may be attributed to short-term market fluctuations and sector performance.
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