CreditAccess Grameen Ltd News
Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows
Sensex hit 79,020 in intra-day trade today, falling 3.79 per cent or 3,113.12 points in four trading days from the level of 82,133 touched on Friday, December 13
 "Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows")
CreditAccess Grameen cracks 12% on heavy volume amid asset quality concerns
Thus far in the calendar year 2024, the market price of CreditAccess Grameen has plunged 46 per cent, as compared to 10 per cent rally in the BSE Sensex.
 "CreditAccess Grameen cracks 12% on heavy volume amid asset quality concerns")
CreditAccess Grameen share price hit 52-wk low on weak Q2 disbursements
The fall in CreditAccess Grameen share price came after the company's disbursements dropped 19% annually to Rs 4,004 cr in Q2FY25, from Rs 4,966 crore in Q2FY24.
 "CreditAccess Grameen share price hit 52-wk low on weak Q2 disbursements")
Why have microfinance stocks hit 52-week lows today? Check details here
The microfinance industry is currently facing a significant rise in delinquencies, primarily driven by increasing borrower indebtedness, apart from other factors.
 "Why have microfinance stocks hit 52-week lows today? Check details here")
Nomura ups target for Bajaj duo, M&M Fin, says rate cut positive for NBFCs
Regarding the implications of a rate cut for NBFCs, analysts noted that asset composition is more crucial than liability composition.
 "Nomura ups target for Bajaj duo, M&M Fin, says rate cut positive for NBFCs")
