Business Standard

Monday, January 06, 2025 | 03:06 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

CreditAccess Grameen ends flat after weak debut

The stock settled at Rs 420.80, 0.28% below its issue price of Rs 422 per share on the BSE.

Micro lenders turn the page with banking licences
Premium

SI Reporter Mumbai
Shares of CreditAccess Grameen ended flat after making a weak debut on Thursday. The stock got listed at Rs 385,  8.77% below its issue price of Rs 422, but pared the losses to settle at Rs 420.80 on the BSE. On the National Stock Exchange (NSE), the stock ended at Rs 418.35.

During the day, it touched a high of Rs 423.30 on the BSE and Rs 426.90 on the NSE.

Focused on providing micro-loans to women customers mostly in rural India, CreditAccess Grameen, according to CRISIL Research, is the third largest NBFC-MFI in the country in terms of

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in